Stocks rebound continues, yen slumps after BOJ talks down rate hikes

  • 2 months ago
Stocks rebound continues, yen slumps after BOJ talks down rate hikes
Transcript
00:00European and Asian share markets gained, led by a notable rebound in the Nikkei after the
00:05Bank of Japan, or BOJ, signaled a cautious stance of interest rate hikes.
00:11The stock's 600 index rose 0.8%, Nasdaq Futures went up 0.9%, and the Nikkei surged 1.2% following
00:21a 10% rise the previous day.
00:24Analysts indicate that recent market turbulence may be short-term adjustments rather than
00:29signs of a deeper crisis.

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