Market move● Neutral for Indian equities
Nikkei Rises 2.0%, Led by Electronics, Machinery Stocks
The brief
- The Nikkei rose 2.0%, led by electronics and machinery stocks
- A weak U.S. jobs report lowered expectations for further Federal Reserve rate increases
- Asian shares rise as Fed hike bets ease; oil gains
- Japan stocks extend losses as higher yields and oil prices weigh on sentiment
- 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