💨 Abstract

Japanese stocks increased and the yen weakened on Thursday as the possibility of more monetary policy tightening in 2023 diminished. The euro declined as markets predicted the European Central Bank will reduce rates in October and December. The Nikkei surged 2.2% as a weaker yen benefited Japanese exporters. The dollar rose to 146.84 yen, its highest in a month.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖