Asian Markets Start Higher; Yen Slides on BoJ Buzz
Asian markets opened the week on a positive note Monday with Japan’s Nikkei racing ahead on the back of a softer yen.
The Nikkei was trading up 1.8% at 12:39 p.m. Tokyo time even as the yen dropped 0.8% against the dollar. The yen lost ground after reports emerged that President Haruhiko Kuroda of Asian Development Bank would be appointed as the next Bank of Japan chief. Kuroda is largely viewed as a propent of aggressive monetary easing
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