Tokyo’s Nikkei index shed more than three percent on Monday, after weaker than expected US jobs growth and speculation over a Fed rate cut caused global markets to slump. Japan’s currency has recently picked up on bets of a US Federal Reserve interest rate cut and growing expectations that the Bank of Japan will continue to raise its own borrowing costs.
RBI likely to hike repo rate by 25 bps to 5.50% in October policy: ET Poll
On Monday, the Reserve Bank of India’s Monetary Policy Committee will hold important meetings. Analysts are anticipating a 25 basis points increase in the key
October 5, 2026