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to confirm prices are cooling. but with inflation still stubbornly high, policy makers here as in many other developed countries are not done raising interest rates. let s show you how investors reacted to that latest data which should other than expected data out of the united states. there are hopes and out of the country might avert a recession. you can see all of the main industries during better and banking share is also led wall street to close higher. banking shares also led wall street to close higher on thursday that s after recent health check showed the largest us banks have enough capital to weather a severe economic slump. in other news this morning sporting goods giant nike has reported its latest earnings for the fourth quarter. revenue came in at $12.8 billion dollars slightly higher than expected. this means nike has beaten revenue estimates for seven straight quarters. salesjumped in both its largest market north america and in china, following the eas ....
inflation trending down. data due out later on friday from us economist department is likely to confirm prices are cooling. but with inflation still stubbornly high, policymakers here, as in many other developed economies, aren t done raising interest rates. michelle fleury reporting. let s quickly show you how markets reacted. all major major intersystem 0k all major major intersystem ok but japanese nikkei all major major intersystem 0k butjapanese nikkei opening but japanese nikkei opening slightly lower, butjapanese nikkei opening slightly lower, down by about i%. in other news, sporting goods giant nike has reported its latest earnings for the fourth quarter and revenue coming in at $12.8 billion. that s slightly higher than expected and it also means they have beaten revenue estimates for seven straight quartrs, with sales jumping in both its modest market, north america, and in china following the easing of covid 19 restrictions. chinese authorities have released ....
department is likely to confirm prices are calling. but with inflation still stubbornly high, policy makers here as in many other developed economies aren t done raising interest rates. michelle fleury reporting. let s quickly show you how markets reacted. investors hope there may be a chance the us economy could avoid falling into a recession so we saw a bit of a rally in all the main indices. let s show you how japan s all the main indices. let s show you howjapan s nikkei has started, down by almost i%, profit taking also happening as well. in other news, sporting goods giant nikkei has reported its latest earnings for the fourth quarter and revenue coming in at $12.8 billion. that s slightly higher than expected and it also means they have been revenue estimates for seven street orders, with sales jumping in both its modest market, north america, and in china following the easing of covid 19 restrictions. going to china were on about how authorities are expected to ....
Economies. he spoke about whether tokyo may intervene. i am surprised the boj has been quiet of late and very tolerant of the weaker yen. there are great expectations now that we ll see intervention in the days ahead and one reason why you have not seen intervention is because the bank ofjapan is worried it would fail and if that fails, and the yen does not stabilise, that might be a signal to markets to push the yen even lower. in many ways the boj governor is a fairly new entity at the boj, only been around since april. i think he is looking around to figure out different options to stabilise the yen without intervening, but intervention seems to be in the cards relatively soon. indeed, in the past it cost a lot of money but hasn t really worked. meanwhile in china the yuan level is set by the people s bank of china. do you expect further intervention by the authorities? ....
Governor is a fairly new and stay at the boj, only been around since april. i think he is looking around to figure out different options to stabilise the migratory without intervening, but intervention seems to be in the cards relatively soon.- seems to be in the cards relatively soon. indeed, in the ast it relatively soon. indeed, in the past it cost relatively soon. indeed, in the past it cost a relatively soon. indeed, in the past it cost a lot relatively soon. indeed, in the past it cost a lot of relatively soon. indeed, in the past it cost a lot of money - relatively soon. indeed, in the past it cost a lot of money but j past it cost a lot of money but hasn t really worked. meanwhile in china the yuan level is set by the people s of china. do you expect further intervention by the authorities people s back. by the authorities people s back. ~ , ., . ., by the authorities people s back. ~ . ., , back. when you currency that is done about back. when you currency ....