Yen soars, Nikkei slides as rate hikes loom over Japan

Japanese markets were reeling on Friday, with the Nikkei heading for its biggest weekly drop since October, bonds battered and the yen surging toward its largest weekly gain for five months as investors rushed out of bets on Japanese rates staying low. Beyond Japan MSCI’s broadest index of Asia-Pacific shares ex Japan rose 0.5 per […]

This post was originally published on Michael West.