Reported 19 days ago
The yen has fallen to its lowest point since July, while Japanese stocks have rallied due to Donald Trump's lead in the US presidential election over Kamala Harris. Investors anticipate further depreciation of the yen and a possible increase in interest rates as the market reacts to Trump's economic policies. The Nikkei 225 and Topix indices saw significant gains, especially in the banking sector. Japan's central bank may consider raising rates in December as the yen's decline raises concerns over imported inflation.
Source: YAHOO