Stocks rise as oil dips, yen weakens after BOJ hikes as expected
- Monetary policy response is in focus this week as the over six-month-long war in the Middle East shows few signs of ending, keeping oil prices above US$100 per barrel and fanning inflation fears across the globe.
- The yen weakened 0.5 per cent to 156.75 per US dollar in immediate reaction to the BOJ raising interest rat
Unverified
- Monetary policy response is in focus this week as the over six-month-long war in the Middle East shows few signs of ending, keeping oil prices above US$100 per barrel and fanning inflation fears across the globe.
- The yen weakened 0.5 per cent to 156.75 per US dollar in immediate reaction to the BOJ raising interest rat
Sources: CNA