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Dollar-Yen reaches fresh 34-year peak as Bank of Japan warns on weak JPY /
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2024-05-07 03:05:50

Dollar-Yen reaches fresh 34-year peak as Bank of Japan warns on weak JPY on Nostr: Asian Stocks Rise on Rate Cut Bets and RBA Meeting =============== #080c8e6b ver:2.39 ...

Asian Stocks Rise on Rate Cut Bets and RBA Meeting
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#080c8e6b ver:2.39

Asian stocks rise on optimism of interest rate cuts by major central banks, following Wall Street's gains. Traders believe the Federal Reserve will ease monetary policy as early as September after the softer-than-expected US labor market report. The yen strengthens against the dollar, while oil and gold prices rise. Investors eagerly await US jobs data that could influence the Fed's decision. Asian markets hope for US rate reductions this year. #AsianStocks #InterestRateCuts #FederalReserve #USJobsData...

#newstr #AsianStocks #RateCutBets #Rba #Hawkish #InterestRateCuts #UsJobsData #FederalReserve #PolicyMeeting #InflationSurprise

https://here.news/story/080c8e6b?ver=2.39
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