Stock market today: Asia shares rise amid Bank of Japan focus after the Fed stands pat
6 months, 1 week ago

Stock market today: Asia shares rise amid Bank of Japan focus after the Fed stands pat

Associated Press  

TOKYO — Asian shares mostly rose Thursday, as investors turned their attention to what the Bank of Japan might decide on monetary policy later this week. The Bank of Japan is not expected to raise its benchmark rate when it wraps up its meeting on Friday, but the economy is under pressure from the dollar’s prolonged surge against the Japanese yen. “Given the recent ‘hawkish hold’ outcome from the Fed, if the BOJ were to stick to its usual accommodative tone in terms of policy settings, that may pave the way for the upward trend in the U.S. dollar to the Japanese yen to continue,” Yeap Jun Rong, a market analyst at IG, said in a commentary. For Wall Street, a slowdown in inflation not only helps U.S. households struggling to keep up with fast-rising prices, it also opens the door for the Federal Reserve to cut its main interest rate. Policymakers welcomed the latest update on inflation, but “we’ll need to see more good data to bolster our confidence,” Fed Chair Jerome Powell said.

History of this topic

Stock market today: Wall Street ends little changed after giving up a big morning gain
5 days, 6 hours ago
Stock market today: Asian shares mostly decline after Nasdaq sets record ahead of Fed meeting
1 week ago
Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints
1 week, 4 days ago
South Korean and Taiwan shares rise, Asian currencies muted
1 week, 5 days ago
Asian stocks climb as China stimulus aids sentiment; currencies muted
2 weeks ago
Stock market today: Asian stocks mixed after Wall Street falls ahead of key US jobs report
2 weeks, 4 days ago
Asian Stocks Eye Gains as Wall Street Awaits Data: Markets Wrap
3 weeks ago
Indian stock market: 8 key things that changed for market overnight - Gift Nifty, GDP data to all eyes on RBI policy
3 weeks, 1 day ago
Stock market today: Asian shares are mixed, with US markets closed for Thanksgiving
3 weeks, 4 days ago
Asian shares slip, yen aims for best week in 4 months on BOJ hike bets
Trending News
3 weeks, 4 days ago
Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower
3 weeks, 5 days ago
Asian Stocks Gain on China Recovery, Weaker Dollar: Markets Wrap
1 month, 1 week ago
Asia shares wobble on China angst; long-end US bond yields rise with dollar
Trending News
1 month, 1 week ago
Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump trade
Trending News
1 month, 1 week ago
Asian markets extend losses as Trump fears build
1 month, 1 week ago
Stock market today: Asian shares gain after US Fed cuts interest rates
1 month, 2 weeks ago
Stock Market Today: Asian shares retreat after Trump's victory as focus turns to the Fed
Trending News
1 month, 2 weeks ago
Stock market today: Asian shares are mixed after Wall Street drifts ahead of US Election Day
1 month, 2 weeks ago
Stock market today: Asian shares are mostly higher as China begins major economic meeting
1 month, 2 weeks ago
Stock market today: Japan leads losses in Asia after sharp decline on Wall St driven by Big Tech
1 month, 3 weeks ago
Big Tech Stocks Propel Nikkei to Record High
1 month, 3 weeks ago
Stock market today: Asian shares mostly rise after Wall Street climbs on Big Tech gains
1 month, 3 weeks ago
Yen Dip Fuels Asian Market as Japan's Ruling Party Loses Majority
1 month, 3 weeks ago
Asian stocks are mostly higher, while Japan's Nikkei falls ahead of weekend election
1 month, 4 weeks ago
Asian stocks are mixed following a quiet day on Wall Street
2 months ago
Stock market today: Asian shares fall after Wall Street pulls back from its records
2 months ago
Asia's Stock Market Tight, Gold Soars to Record High as Middle East Tensions Spark Demand
2 months ago
Stock market today: Asian shares rise after Wall Street rally, and China promises a briefing
2 months, 2 weeks ago
Stock market today: Asian shares are mixed and the yen slips against the dollar
2 months, 3 weeks ago
Asian markets mixed, Japanese stocks rally from Monday's slump
2 months, 3 weeks ago
Stock market today: Wall Street ticks to another record as stocks worldwide rally
2 months, 4 weeks ago
Stock market today: Asian shares extend gains after China-driven rally
2 months, 4 weeks ago
Stock market today: Asian shares gain as China eases rates to aid property industry
3 months ago
Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands pat
3 months ago
Stock market today: Asian markets forge higher after Fed's first rate cut in over 4 years
3 months ago
Stock market today: Asia shares rise moderately ahead of closely watched Federal Reserve meeting
3 months ago
Keep eye on global interest rate cuts for market moves
3 months, 1 week ago
Stock market today: Asian benchmarks dip after Wall Street's mixed finish
3 months, 1 week ago
Wall Street storms back from an early slide thanks to Nvidia and Big Tech
3 months, 1 week ago
Stock market today: Wall Street drifts as Oracle soars and banks and oil slump
3 months, 2 weeks ago
Asia shares slip, China inflation surprisingly soft
3 months, 2 weeks ago
Asian shares trade mixed amid caution ahead of key US employment report
3 months, 2 weeks ago
Asia Eyes Cautious Open After China Factory Data: Markets Wrap
3 months, 3 weeks ago
Asian stocks mixed after Wall Street rallies as 'time has come' for rate cuts
3 months, 4 weeks ago
Trading in Asian markets is mixed and muted ahead of a key Fed Chair speech
4 months ago
Japan stocks lift Asian market higher after US retail data boost Wall Street
4 months, 1 week ago
Asian stocks follow Wall Street climb
4 months, 1 week ago
Japan's share benchmark resumes swings after calm day on Wall Street
4 months, 2 weeks ago
Asian stocks rally a day after worst crash since ‘Black Monday’
4 months, 2 weeks ago
Japan Stock market crash: Nikkei 225 index plunges 12.4% as world markets tremble over risks to the US economy
4 months, 2 weeks ago

Discover Related