Global Market: Japan’s Nikkei extends weekly gains as softer US inflation boosts risk appetite

Japan’s Nikkei 225 rose nearly 1% on Friday and was on track for a strong weekly gain, supported by softer-than-expected US producer prices, easing concerns over an imminent Fed rate hike and stronger global risk appetite. Technology stocks led gains, while lower oil prices also supported sentiment.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.