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المشهد العربي
Nikkei Falls on Rate Hike Expectations
Japanese stock indices declined, with the Nikkei falling by 1.97% to reach 65,096.63 points. This came amid growing expectations that the Bank of Japan will raise interest rates next September to combat inflation, alongside government bond yields reaching multi-decade highs. The decline followed the U.S. Federal Reserve Chairman’s reaffirmation of the central bank's focus on fighting inflation, which impacted the Asian markets and increased the likelihood of Japan raising interest rates.
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