Positive tones for equities as yen weakens 4 Oct
- +136.98
- open 16661.51
- high 16747.20
- low 16637.82
- USDJPY 102.27 after finding dip demand into 102.00 that I highlighted earlier
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Nikkei 225 closes up +0.83% at 16,735.65
Nikkei 225 closes up +0.83% at 16,735.65
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- In-line CPI report leads to a blockbuster day for US stock markets
- US stocks open higher led by the NASDAQ index
- 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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