Moving markets today: Japanese stocks volatile as Bank of Japan ends negative rates, yen falls; Australia’s central bank holds rates; focus shifts to US Federal Reserve and Bank of England policy decisions
Wall Street’s major indices ended on a positive note, buoyed by a resurgence in large-cap tech stocks like Alphabet and Tesla, which led to a rebound in the Nasdaq. The yen depreciated, and Japan’s Nikkei index experienced fluctuations, swinging between slight gains and losses after the Bank of Japan announced the termination of its prolonged stimulus measures. Australia’s central bank kept interest rates steady at 4.35 per cent, aligning with market expectations. This week, investors are keeping a close watch on domestic inflation reports due Wednesday and the Bank of…
