Nikkei may rise as concerns over a potential Fed rate hike ease
Japanese stocks may rise after the release of U.S. wholesale price data on Thursday eased concerns about a potential Federal Reserve rate hike. Nikkei futures traded on the Singapore Exchange rose 1.4% to 69,310. The dollar was at 159.47 yen, compared with 159.39 yen at the close of Tokyo trading on Thursday. Investors are watching for any developments in the conflict involving Iran, as well as oil prices. The Nikkei index rose 1.2% on Thursday to 68,308.59.
Japanese stocks may rise after the release of U.S. wholesale price data on Thursday eased concerns about a potential Federal Reserve rate hike.
Nikkei futures traded on the Singapore Exchange rose 1.4% to 69,310. The dollar was at 159.47 yen, compared with 159.39 yen at the close of Tokyo trading on Thursday.
Investors are watching for any developments in the conflict involving Iran, as well as oil prices. The Nikkei index rose 1.2% on Thursday to 68,308.59.
Nikkei futures traded on the Singapore Exchange rose 1.4% to 69,310. The dollar was at 159.47 yen, compared with 159.39 yen at the close of Tokyo trading on Thursday.
Investors are watching for any developments in the conflict involving Iran, as well as oil prices. The Nikkei index rose 1.2% on Thursday to 68,308.59.