Stocks up on US rate hopes, yen holds gains amid intervention talk

Stocks up on US rate hopes, yen holds gains amid intervention talk

Legit | 12-07-2024 02:52pm |

Asian markets mostly rose Friday after a largely negative day on Wall Street despite growing confidence of a US interest rate cut, while the yen saw big swings as speculation swirled that Japan had stepped into forex markets to support the currency.

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