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International Business Times
International Business Times
Business

Asian Markets Build On Trump Rally, Yen Steady Ahead Of BoJ

The Bank of Japan is expected to give the green light to an interest rate hike Friday (Credit: AFP)

Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day.

In a much-anticipated speech via video link at the Davos World Forum in Switzerland, the new president pushed for lower interest rates and said he would cut taxes for companies investing in the United States while imposing tariffs on those who do not.

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