Japanese Stocks Poised for Best Week in Four Years Amid Easing Growth Concerns

Reported about 2 months ago

Japanese stocks are set for their strongest week in over four years, with the Nikkei rising nearly 3%, supported by positive sentiment from Wall Street and reassuring U.S. economic data. The market's recovery follows recent turbulence, driven by a steady dollar and Treasury yields, as recession fears ease, reflecting a shift from aggressive interest rate cut expectations and delivering a notable weekly gain of around 8% for the Nikkei.

Source: YAHOO

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