Foreign investors continue to show strong interest in Japanese stocks, marking an eighth consecutive week of purchases. This trend is fueled by falling oil prices and a surge in AI-related shares. Investors are optimistic about the demand outlook for AI chips, with companies like Nvidia and SoftBank Group seeing significant gains.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend