Shares Rise, Dollar Drops Versus Yen After BOJ Hint of Exit From Negative Rates

Shares Rise, Dollar Drops Versus Yen After BOJ Hint of Exit From Negative Rates
A TV reporter stands in front of a large screen showing stock prices at the Tokyo Stock Exchange after market opens in Tokyo, Japan, on Oct. 2, 2020. Kim Kyung-Hoon/Reuters
Reuters
Updated:
0:00

LONDON—Global shares edged up on Monday thanks in part to a burst of risk appetite, with the yen jumping by the most against the dollar in two months after the head of the Bank of Japan hinted at an eventual shift away from negative interest rates.

Signs of stabilisation in the Chinese economy pushed up the price of copper and underpinned the oil price above the crucial $90-a-barrel level.