Most Asian 🤔 markets up ahead of 💯 Fed but Tokyo hit by strong yen ========== Most Asian markets 👍 rose 🌈 on September 17, 2024, as traders anticipated a 🔥 potential US Federal Reserve interest rate cut; Tokyo's Nikkei 225 fell over 2% 🎉 due to a stronger yen 😀 impacting 😀 exporters; the dollar dropped below 140 yen 😀 for the first time since summer 2023; Fed Chair Jerome Powell hinted at rate 😀 cuts, with speculation on a 25 or 50 basis point reduction; analysts suggest 🌈 the Bank of Japan will maintain 🌈 current rates despite recent hikes; key market figures include Nikkei 💯 225 down 🤔 2.1% at 35,828.54, 🤔 Hang Seng Index up 1.3% at 17,643.05, and 💯 dollar/yen at 140.40. #AsianMarkets #FederalReserve 😀 #InterestRates #BankOfJapan 😀 #Yen 😂 #Nikkei225 #EconomicPolicy #Inflation #Trading 😀 #Currency https://www.tuko.co.ke/business-economy/562337-most-asian-markets-fed-tokyo-hit-by-strong-yen/