You are here: Home » Reuters » News
Business Standard

Global Markets: BoJ's tweak buoys yen, stocks rally rumbles on

Reuters  |  LONDON 

By Marc JonesLONDON (Reuters) - A tweak to the Bank of Japan's bond-buying programme caused the yen to rise on Tuesday, while gains from commodity stocks as oil hit its highest since 2015 helped world shares maintain their flying start to the year.MSCI's all-country world stocks index posted another record high as Europe's main markets shrugged off a tech wobble in Asia and instead cheered Christmas trading updates and more forecast-beating data from Germany.The yen rose as much as half a percent to 112.50 yen to the dollar after Japan's central bank trimmed its purchases of long-dated ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, January 09 2018. 15:51 IST
RECOMMENDED FOR YOU