Japan’s Nikkei Drops 4% as Yen Strengthens Following Ishiba’s Victory
Japan’s Nikkei Drops 4% Japan’s Nikkei drops 4% fell sharply on Monday, dropping more than 4%, in response to a significantly stronger yen. The plunge comes after Shigeru Ishiba, perceived as a monetary policy hawk, won the contest to become the country’s next prime minister. Market Reaction: Nikkei and Topix Decline As of 0020 GMT, …
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