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Wall Street investment banks are all bullish: Japanese stocks are expected to reach new highs by 2025!
Stock strategists indicate that, driven by corporate governance reforms and strong profits, Japan's stock market is expected to reach a new historical high in 2025.
Japanese stocks continue to soar in 2024: the Nikkei/Yen hits a new year-end closing high, with a total increase of nearly 20% for the year.
① In 2024, the Nikkei 225 Index closed at 39,894.54 points, marking the highest annual closing level in history, surpassing the record set in 1989; ② The Nikkei 225 Index rose by 6,430.37 points throughout the year, up nearly 20% year-on-year, continuing significant growth for two consecutive years; ③ Analysts expect that the outlook for Japan's corporate giants and investor confidence will bolster the performance of Japanese stocks next year.
IShares Currency Hedged MSCI Japan ETF Declares $0.6481 Dividend
Full text of the Bank of Japan's decision: Maintain interest rates unchanged, pausing interest rate hikes for the third consecutive time, with one dissenting vote.
The Bank of Japan passed the interest rate decision with a result of 8 to 1, keeping the interest rate unchanged at 0.25%, marking the third consecutive pause in raising rates.
The Bank of Japan is not in a hurry to raise interest rates, but the market also does not dare to let down its guard.
Traders believe that the possibility of the Bank of Japan raising interest rates this week is less than 20%. In addition to the interest rate decision itself, Ueda's post-meeting news conference will also draw close attention.
Express News | The Bank of Japan is considering not raising interest rates at the next policy meeting.