Global stocks climb as investors await Nvidia's earnings, despite the Japanese yen hitting a six-month low.

Global stocks are rising ahead of Nvidia's earnings report, while the Japanese yen has weakened to 156 per dollar, its lowest since July. Bank of Japan Governor Kazuo Ueda hinted at possible future interest rate hikes but gave no indication of a December move. Despite the weaker yen, the Nikkei fell 0.76%, while Chinese stocks rose. US Treasury yields remain near multi-month highs, influenced by expectations of less aggressive Fed rate cuts.

November 18, 2024
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