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Market move▼ Bearish for Indian equities
Japan stocks extend losses as higher yields and oil prices weigh on sentiment
The brief
- Japan stocks extended losses as higher yields and oil prices weighed on sentiment
- Investors worried elevated energy prices could keep inflation strong and lead to tighter monetary policy
- Higher oil and yields pressure Indian oil-importing sectors and rate-sensitive stocks
- EXCLUSIVE: Japan top FX diplomat urges markets to heed 'very clear' warning on yen
- Japan’s two-year government bond yield nears 2% amid BOJ rate-hike bets
- Bank of Japan debated need for faster rate hikes, July minutes show
- Yen gains after Japan’s finance minister signals readiness for bold action
- Japan’s falling bond prices stall repatriation rush