Rates focus on US after Nikkei reverse
Evening Standard|March 11, 2024
A BIG reverse for Japan's stock market swayed the mood today as London investors began a busy week of economic updates with a safety-first approach.
Graeme Evans
Rates focus on US after Nikkei reverse

The 2.2% fall by Tokyo's Nikkei 225 came as GDP revisions fuelled expectations that the Bank of Japan may end its negative interest rate policy as early as this month.

The benchmark's step back from record territory also followed Friday's sell-off for Wall Street technology stocks, when Nvidia lost 6% in the wake of a mixed US jobs market report.

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