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global marketsCNBC
•
83% Informative
The key driver of global markets is the yen exchange rate, according to one financial historian.
Russell Napier , co-founder of the investment research portal ERIC , said investors have been provided with a glimpse of the impact a change in Japanese monetary policy can have on U.S. financial markets.
Napier said the trend should concern those "entirely focused on US domestic dynamics in trying to assess price outcomes".
VR Score
90
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94
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