A better but not convincing day for the Japanese market as hopes of BOJ easing are tempered by possible Fed hike
- +125.98
- open 18826.94
- high 18925.51
- low 18815.12
- USDJPY kicking its heels around 120.40
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Nikkei 225 closes up +0.67% at 18,903.12
Nikkei 225 closes up +0.67% at 18,903.12
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- In-line CPI report leads to a blockbuster day for US stock markets
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- USD/JPY sent for a spin but now moving higher as BOJ rate hike odds fade
- Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
- USD/JPY looks to US CPI report to potentially break ping pong range
- BOJ reportedly erring towards keeping interest rates unchanged next week
- USD/JPY back above 153.00
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