Archive | June 11, 2007

Nikkei Higher, But Stays Below 18,000

By on June 11, 2007 in Market Summary

January – March GDP upward revised to 3.3% (annualized), from 2.4%. Speculation rises among some market participants that the Bank of Japan will hike, likely in August, after the upper house election in July. Maybe, maybe not. The point is, even another 0.25% taking the benchmark target to 0.75%, widely lags rates on a global [...]

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