#dollar-weakness

#dollar-weakness

The circa 2% gain for the Nikkei 225 came amid claims from BoJ Governor Ueda that the government's economic stimulus plans will positively impact economic growth, although it would also have inflationary effects. As such, the BoJ stand ready to raise rates this month, with the Government seemingly willing to tolerate the move. With Japanese 30-year bonds on the rise following a strong 10-year auction, stocks in the region are pushing higher after recent jitters.