MARKETS: The yen is strengthening, the end of the negative interest rate period is approaching in Japan

Asian stock markets were down on Thursday, but banking stocks in Japan got a boost as the market priced in the possibility of the Bank of Japan raising interest rates as early as March.

Jerome Powell, the head of the US central bank Fed, spoke on Wednesday in front of the US Congress in the context of the semi-annual economic report. Powell will be heard by Congress today as well.

By Editor

Leave a Reply