Nikkei falls on stronger yen
Nikkei falls on stronger yen
Jul 1, 2017
CNBC
Japanese Prime Minister Sanae Takaichi has rolled out a stimulus package of 21 trillion yen (about $134 billion), the largest since COVID-19, aimed at easing household price pressures and boosting sectors like AI. Dubbing it “wise spending,” Takaichi said it will give the public “hope.” Markets are less hopeful. The yen has slipped past the key 155-per-dollar level, and investors are dumping Japanese government bonds, pushing yields to historic highs. Follow all of Nikkei Asia’s markets news her
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