Nikkei 225 Index forms bullish pattern as BoJ hikes interest rates
The Nikkei 225 Index jumped by over 1.1% today, Dec. 19, even after the Bank of Japan (BoJ) hiked interest rates to the highest point since 1995. The index, which tracks the biggest Japanese companies, rose to ¥49,568, much higher than this week’s low of ¥48,900. BoJ hikes rates to 0.75% and hints of more
