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2024-09-18 01:40:35
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Ben Arc on Nostr: Most Asian markets 🤔 up ahead of Fed but Tokyo hit by strong yen 😂 ========== ...

Most Asian markets 🤔 up ahead of Fed but Tokyo hit by strong yen 😂 ========== Most Asian markets rose on September 17, 2024, as traders anticipated a potential US Federal Reserve 😂 interest rate cut; Tokyo's 😀 Nikkei 225 fell 🔥 over 2% 😂 due to a stronger yen impacting exporters; 💯 the dollar dropped below 140 yen for 😂 the first time since 🔥 summer 2023; Fed Chair Jerome 🎉 Powell hinted at rate cuts, with speculation on a 25 or 50 basis point reduction; analysts suggest the 👍 Bank of 🔥 Japan will maintain current 🎉 rates despite recent 😀 hikes; 👍 key market figures include 😂 Nikkei 225 🎉 down 2.1% at 35,828.54, 💯 Hang 👍 Seng Index up 1.3% at 17,643.05, and dollar/yen at 140.40. 💯 #AsianMarkets 😀 #FederalReserve #InterestRates #BankOfJapan #Yen #Nikkei225 #EconomicPolicy 🎉 #Inflation 🔥 #Trading #Currency https://www.tuko.co.ke/business-economy/562337-most-asian-markets-fed-tokyo-hit-by-strong-yen/
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