CONNECT WITH US

Web3 & Blockchain

Nikkei Hits Record 69,500 as Investors Look Past Expected BOJ Rate Hike

Coinpedia - Blockchain logo

Published on

Nikkei Hits Record 69,500 as Investors Look Past Expected BOJ Rate Hike

The post Nikkei Hits Record 69,500 as Investors Look Past Expected BOJ Rate Hike appeared first on Coinpedia Fintech News

Japan’s Nikkei index rose above 69,500 for the first time on record, gaining 5.4% in two hours and adding more than ¥77.22 trillion ($465 billion) in stock market value. The rally came even as markets expect the Bank of Japan to raise interest rates to 1% tomorrow, suggesting investors remain confident about Japanese equities. Markets …



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Google Preferred Source