Japanese markets reacted with shock on Friday to news that the government had picked academic Kazuo Ueda to be the next central bank governor, but investors quickly snapped up the yen and sold bonds
Japan's government plans to nominate economics professor Kazuo Ueda as Bank of Japan chief, reports said Friday, an unexpected pick that sent the yen rallying against the dollar.
LONDON (Reuters) - Inflation is in the driving seat for markets already taking a punt on when central banks will start to cut borrowing rates. That pu.
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