Yen Surge Hits Japan Shares, Risky Assets

HONG KONG (Reuters) - The yen surged to an eight-month high against the dollar on Monday as Japanese officials waved off any plans to stem the currency's rise, driving the Nikkei down more than 2 percent and sparking a broad retreat in risky assets.

Topics:  hong kong reuters     the   japanese   nikkei   yen surge   risky assets   
BING NEWS:
  • Investors reload rate hike bets in Japan
    Investors are betting a slide in the yen will force a hawkish shift at the Bank of Japan and are shorting bonds, buying bank shares and bracing for rates to rise as soon as next month.
    11/18/2024 - 3:30 pm | View Link
  • Analysis-Investors Reload Rate Hike Bets in Japan
    buying bank shares and bracing for rates to rise as soon as next month. Markets are paying attention because Japan's last rate hike 3-1/2 months ago - against the tide of global cuts - was part of the ...
    11/18/2024 - 11:25 am | View Link
  • Yen hits 3-month low vs. dollar as Japan ruling bloc loses majority
    TOKYO (Kyodo) -- The yen sank to a three-month low in the lower 153 zone against the U.S. dollar early Monday amid political uncertainty in Japan after the country's ruling coalition lost its ...
    10/27/2024 - 1:00 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News