(Bloomberg) Japan’s stock market needs to see more domestically-oriented companies step up their game to fuel further rallies, but the outlook for wages and the yen complicates the picture.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapMalaysia in Talks With Ty
Japan Exporter Stocks Get Boost From Bullish Yen Assumptions bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Japan’s yen has been falling in value against other currencies for a while, partly due to the Bank of Japan’s loose monetary policy and long-standing yield curve control. Although the yen’s depreciation benefits some, markets are waiting to see if the currency’s descent will prompt the BoJ to raise rates and end its yield curve control.
Japanese automakers are set to be a major beneficiary of Detroit strike with their US competitors likely to get bogged down in negotiations that hurt sales.
Japanese Automakers Stand to Gain From Detroit s Labor Strike bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.