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Market move▼ Bearish for Indian equities
Japan's Nikkei slips as oil prices and rate concerns weigh
The brief
- Oil prices jumped after Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz
- Japan’s Nikkei slipped amid higher oil prices and rate concerns
- Higher crude prices can pressure Indian oil-importing sectors, including airlines, paints and oil marketing companies
- EXCLUSIVE: Japan top FX diplomat urges markets to heed 'very clear' warning on yen
- Yen gains after Japan’s finance minister signals readiness for bold action
- Japan’s falling bond prices stall repatriation rush
- Trump raises yen weakness with Japan’s Takaichi as currency nears 160 per dollar
- Nikkei, TOPIX up over 1% as Japanese indices lead Asian markets despite Wall Street bond rout