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Dollar-Yen reaches fresh 34-year peak as Bank of Japan warns on weak JPY /
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2024-05-06 22:04:13

Dollar-Yen reaches fresh 34-year peak as Bank of Japan warns on weak JPY on Nostr: Global stock markets rally on rate cut hopes and yen weakens =============== ...

Global stock markets rally on rate cut hopes and yen weakens
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#080c8e6b ver:2.36

Global stock markets rally on hopes of rate cuts by major central banks, with the yen weakening. Traders believe the Fed will ease monetary policy in September after a softer-than-expected US labor market report. Asian markets also rise on tech giants' surge and anticipation of US rate cuts. Chinese markets rebound on policymakers' commitment to support the economy. Oil prices slip on hopes for a ceasefire in Gaza. Market sentiment tied to Fed's decisions and global economic outlook. European markets quiet with London closed. US jobs data shows fewer jobs created, boosting rate cut hopes. #StockMarket #RateCuts #Fed #Yen #OilPrices...

#newstr #GlobalMarkets #RateCut #Yen #StockMarket #FederalReserve #InterestRates #DowJones #S&p500 #Nasdaq #EuropeanCentralBank

https://here.news/story/080c8e6b?ver=2.36
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