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Japan stocks rally, yen falters as rate hike bets fade

Pelican Press

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in World News

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Japan stocks rally, yen falters as rate hike bets fade

********* stocks have jumped and the yen has fallen as the risk of further tightening in monetary policy this year faded, while the sizzling rally in Hong Kong’s share market took a breather.

The euro was nursing heavy losses as markets ramped up bets that the ********* Central Bank will cut rates at each of its meetings in October and December after top policy hawk Isabel Schnabel said she expects inflation will fall back to target.



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#Japan #stocks #rally #yen #falters #rate #hike #bets #fade

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