Japan stocks rise to near 11-month high, dollar gains

Japanese stocks rose to a near 11-month high on Thursday on a weaker yen and after Wall Street shares closed at record highs overnight, while the dollar’s bull run continued as upbeat economic data took US bond yields to multi-year highs.


The dollar index was at 101.76 , not far from 101.91 touched overnight, its highest since March 2003.


Japan’s Nikkei was up 1.1 percent, touching its highest level since early January.

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Posted in: Indian Market Tips