Japan's markets hit a fresh all-time high as Asia markets climbed after Federal Reserve maintained its forecast for three rate cuts while
The yen had hit a four-month-low against the U.S. dollar, trading at above 151 yen against the greenback on WednesdayPrices could rise to $2,300 per ounce in the second half of 2024, especially against the backdrop of expectations that the U.S. Federal Reserve could cut rates in the second half of 2024, Aakash Doshi, Citi's North America head of commodities research, told CNBC.
The country's bureau of statistics said that this was due to a larger-than-usual number of people who were waiting to start or to return to jobs from December and January. The Reuters survey showed manufacturers' sentiment index was at +10 in March from -1 in the prior month, while the service sector index was at +32 compared with +26 in February.index hit a new record on Wednesday, rising as much as 40,642.89 and surpassing its all-time closing high of 40,109.23.
Source: News Formal (newsformal.com)
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