Market move● Neutral for Indian equities
Nikkei jumps 2.5% above 70,000 to three-month high as AI stocks rally
The brief
- Japan’s Nikkei rose 2.5%, moving above 70,000 to a three-month high
- Asian stocks advance as soft US jobs data cools Fed rate-hike bets
- 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