Bloomberg Daybreak: Asia Edition cover image

Tech Stocks Rebound Ahead of The Fed's Rate Decision

Bloomberg Daybreak: Asia Edition

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Currents in Currency and Stock Recovery

This chapter analyzes the recent rally of the Japanese yen and its connection to U.S. tech stocks and Treasury yields, highlighting the effects of carry trades and the Bank of Japan's rate hike. It also examines the resurgence of U.S. stocks led by mega-cap tech and the potential impact of a Chinese AI model on tech valuations.

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