Mon, 25 Aug 2014 08:27:04 GMT
Sluggish Yen boosts Japanese stock market
After the anticipated Jackson Hole Symposium over this weekend, the Fed Chairman Janet Yellen announced a possible federal fund rate increase before the previously established schedule. As a result, the Yen slipped against the Greenback and the pair is now trading at ¥104.24. The weak Yen had a positive effect on the Japanese stock market, pushing Nikkei 225 index up by