Japanese stocks rise as PM’s comment weakens Yen

October 3, 2024

The yen tumbled about 2% against the dollar Wednesday, its worst day since June 2022, after Shigeru Ishiba said the economy isn’t ready for another hike. The currency fluctuated near 146.50 per dollar Thursday, near its weakest level in a month.

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Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets

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Fed officials give hints on rate decision as markets cut October rate hike odds

Fed officials tempered expectations for an October rate hike after Philip Jefferson and John Williams stressed patience and data dependence. Markets sharply reduced hike odds,

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