Japanese stocks rise 1.83%, breaking through 65,000 points

GroLink News, September 18｜The Nikkei 225 Index surged, with gains expanding to 1.83%, breaking through 65,000 points. According to reports, the Bank of Japan raised interest rates by 25 basis points as expected. Some analysts believe that if investors determine the Bank of Japan’s tightening path can hardly keep pace with the Federal Reserve, the USD/JPY may rise toward 160. Given that the 25-basis-point rate hike has largely been priced in by the market, this risk is particularly prominent if Friday’s decision or subsequent communication is interpreted as dovish.