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Asia stocks join Wall St rally, brace for BOJ hike
Michael West· 2025-12-19 00:45
Asian share markets rebounded on Friday as a turnaround in tech lifted Wall Street, ‍leaving investors counting down to a likely hike in interest rates from the Bank of Japan that could cause waves for currencies and bonds.Sentiment also got a boost ​from a shock slowdown in US consumer price inflation to 2.7 per cent, though analysts cautioned the data were clearly distorted lower by the government shutdown and could not be taken ⁠at face value.Pricing for the Federal Reserve moved only marginally with a r ...