Bank of Japan's Rate Hike Decision: Asia-Pacific Markets on Edge

Asian markets surge as Bank of Japans rate hike decision looms, with a strong likelihood of a hike to 0.75%, potentially strengthening the yen and addressing inflation. Australias S&P/ASX two hundred and Japans Nikkei two two five both advanced, while South Koreas Kospi jumped. In the US, the S&P five hundred broke a losing streak on positive inflation data and Micron Technologys guidance.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.