Tokyo stocks end 0.48% stronger


Some investors have begun preparing for the eventual rise in official short-term interest rates, analysts said. "Yellen's comments were very careful and neutral in nature, and as such did not necessarily tip the Fed's hand either way with regard to a prevailing stance on policy," said Mizuho Securities senior technical analyst Yutaka Miura. "The underlying trend on yen weakening remains unbroken - despite little movement in long-term US interest rates after Yellen's speech," Miura said.

Read more here: Business Spectator


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