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Latin Times
Latin Times
Business
Agence France-Presse (AFP)

Stocks Mostly Rise Ahead Of Powell, Yen After BoJ Rate Hint

Asian and European equities rose ahead of a much-anticipated speech by Federal Reserve boss Jerome Powell later Friday, as the dollar weakened amid speculation about how big an expected interest rate cut next month could be.

The yen also advanced after the head of Japan's central bank told lawmakers that officials could hike interest rates again if the economy and inflation perform as expected, weeks after a surprise increase caused turmoil on markets.

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