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Tokyo: Stocks close sharply higher amid potential BOJ rate hike
TOKYO shares closed sharply higher Monday (Mar 18), with investors’ eyes on a possible upcoming interest rate hike from the Bank of Japan. The benchmark Nikkei 225 index jumped...
Asia: Trade cautious ahead of key rate decisions
TRADERS in Asia were cautious on Monday after US shares receded, and as anticipation builds for the Bank of Japan to finally ditch its negative interest rate. Dampened hopes...
BOJ rate hike on Tuesday is now widely expected after wages jump
BANK of Japan (BOJ) governor Kazuo Ueda and his board have one more day to decide if it is time for the nation’s first interest rate hike in 17...
Australia set to extend rate pause as economy enters slow lane
AUSTRALIA’S central bank is widely expected to hold interest rates at a 12-year high on Tuesday (Mar 19) as the economy shows signs of slowing further while unemployment trends...
Europe: Stocks falter on US rate jitters but log weekly gains
EUROPEAN shares dipped on Friday (Mar 15) as risk sentiment remained subdued due to mounting concerns the Federal Reserve may delay interest rate cuts, though strength in telecommunications stocks...
Asia: Markets sink on rate worries as US inflation surprises
ASIAN markets sank in line with Wall Street on Friday after a sharper-than-expected jump in US wholesale prices dealt a blow to hopes for interest rate cuts. The surprisingly...
China central bank leaves key policy rate unchanged, as expected
CHINA’S’ central bank on Friday left a key policy rate unchanged as expected when rolling over maturing medium-term loans. The People’s Bank of China (PBOC) said it was keeping...
Europe: Shares ease from record high on rate cut uncertainty
EUROPEAN shares lost momentum on Thursday after hitting a series of record highs in the past few sessions, as further evidence of sticky US inflation led to doubts about...
