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2024-09-18 01:26:33
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melvincarvalho 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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