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Сентябрь
2024

Yen advances, treasuries rise as Fed move nears: Markets Wrap

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The yen strengthened against the dollar, while falling Treasury yields boosted emerging-market currencies in Asia. Stocks in the region fluctuated as markets awaited next week's Federal Reserve policy meeting. Data showed US producer prices rose slightly in August, maintaining expectations for a rate cut. Japan's central bank is unlikely to hike rates at its upcoming meeting.