Vertigo: Markets Still Grinding Higher (Just Don’t Look Down!)
Speculation about Japanese rate hikes drove a rebound for the yen, which ended with the biggest weekly gain vs the USD since July. The dollar fell 1.18% on the day to 149.76 yen, under pressure after Japan’s government finalised a stimulus budget and inflation in Tokyo came in hotter than economists forecast. ASX property stocks … Continue reading "Vertigo: Markets Still Grinding Higher (Just Don’t Look Down!)"
Vertigo: Markets Still Grinding Higher (Just Don’t Look Down!)
Speculation about Japanese rate hikes drove a rebound for the yen, which ended with the biggest weekly gain vs the USD since July. The dollar fell 1.18% on the day to 149.76 yen, under pressure after Japan’s government finalised a stimulus budget and inflation in Tokyo came in hotter than economists forecast. ASX property stocks … Continue reading "Vertigo: Markets Still Grinding Higher (Just Don’t Look Down!)"
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