Despite the solid lead from Wall Street Japan's equity market is under pressure:
Nikkei is down around 1%Meanwhile the yen is higher,
I don't know if anyone saw it., but Reuters had a piece mid-week about pressure on the Bank of Japan to sort out its concenr that underlying inflaiton is not at target. the argument being that there is not defined measue of underlying the Bank of Japan refers too, it seesm moveable. Critics are urging the Bank to abandon whatevery it is and get on with rate hikes.
I am unsure of the importance of this, but its fits the narrative of a higher yen and lower stock market today.
This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about yen up nikkei down jgbs more or less flat was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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