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Japanese yen weakens to 156 against dollar after Bank of Japan leaves rates unchanged - TL;DR CNBC

Japanese yen weakens to 156 against dollar after Bank of Japan leaves rates unchanged

Publishing timestamp: 2024-04-26 03:54:25


Summary

The Japanese yen weakened against the U.S. dollar after the Bank of Japan left its benchmark interest rate unchanged. Inflation in Tokyo slowed, while stock markets in Asia had mixed performances. The U.S. stock market tumbled on data showing a slowdown in economic growth and rising inflation. The Bank of Japan governor addressed the weaker yen, and Hong Kong's Hang Seng Tech index saw gains. Australia's producer price index rose, and Taiwan's Hon Hai Precision Industry surged on a partnership announcement. Inflation metrics and GDP reports are being closely watched by investors.


Sentiment: MIXED

Tickers: AUD=.N225@CL.12015-HKJPY=.SZIMSFT.KS11@LCO.1ARM.DJI.AXJO9866-HK.SPXCAT.IXICIBMCRNCGOOGL20-HKLULU.DXY.SSEC2317-TWNVDA.HSI

Keywords: usd/jpyworld marketsarm holdings plcmarketsbreaking news: asiashanghaiinternational business machines corpnasdaq compositepricesnvidia corpasia economyaustraliacaterpillar incaustralian dollar/us dollar fx spot rateshenzhen component indexeconomic eventss&p/asx 200nikkei 225 indexice brent crude (apr'23)s&p 500 indexdow jones industrial averagebusiness newsdxy us dollar currency indexwti crude (mar'23)breaking news: marketshang seng indexkospi index

Source: https://www.cnbc.com/2024/04/26/asia-markets.html


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