CNA
Global stocks mixed as yen falls despite Bank of Japan rate hike
Analyst Angelo Kourkafas said “we have some relief that the Fed credibility is still in place,” but added that high yields and geopolitical uncertainty remain concerns.
But markets were more decisively negative in Europe, where Frankfurt, London and Paris all lost around 1.5 per cent.
The Bank of Japan raised interest rates to a three-decade high, but the yen sank … [+1216 chars]
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