ForexLive Asia-Pacific FX news wrap: USD/JPY back above 155.00 – ForexLive
Numerous comments from both Japan’s Finance Minister Suzuki and Bank of Japan Governor Ueda appeared on the News Telegraph this morning in Tokyo, but neither could significantly support the yen. The counterfactual is that without them the Japanese Yen would have fallen faster, but here in the real world, the currency has fallen again regardless. […]
ForexLive Asia-Pacific FX news wrap: Kanda ignites USD/JPY jump – ForexLive
Japan’s Treasury Vice-Minister Kanda said he had nothing to say about U.S. Treasury Secretary Janet Yellen’s weekend comments on foreign exchange. If you missed Yellen’s comments, please refer to the Kanda link above. However, in a nutshell, she only expressed her mild support for Japanese intervention. As a result, Japan appears to be acting alone […]
ForexLive Asia-Pacific FX news wrap: USD/JPY jumps 100 pts – ForexLive
Monday’s Federal Open Market Committee (FOMC) speakers include New York Fed’s Williams ECB President Rehn says confidence in falling inflation is improving China’s services PMI expansion slowed slightly in April but remains strong – Summary OECD says Reserve Bank of New Zealand has limited room to cut interest rates this year Australia’s Treasurer Chalmers says […]
Asian Stocks Eye Positive Start as China Returns: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stock markets are firm as China returns from a three-day holiday and Friday’s weaker-than-expected U.S. jobs report rekindles expectations that the U.S. Federal Reserve will cut interest rates this year. We are paying attention to the approach. Most Read Articles on Bloomberg U.S. stock futures rose modestly in early trading after the […]
Tech Lifts Stocks as Apple Jumps in Late Hours: Markets Wrap – Yahoo Finance
(Bloomberg) — The world’s biggest technology companies pushed their stocks higher as traders braced for Friday’s jobs report. Bonds rose, but the dollar fell the most in 2024. Most Read Articles on Bloomberg Late in the day, the company announced that sales in the previous quarter did not fall as sharply as feared, supported by […]
Stocks Gain as Focus Turns to Fed, Yen Rebounds: Markets Wrap – Yahoo Finance
(Bloomberg) — Stocks rose as earnings optimism offset concerns about long-term interest rates remaining high. The yen fell to its lowest level in 34 years before rebounding. Most Read Articles on Bloomberg Europe’s Stoxx 600 index rose 0.4%, while shares in Royal Philips NV, which reached a lower-than-expected compensation settlement in the U.S., rose 37%. […]
European Stocks Gain as Tech Rallies; Yen Slumps: Markets Wrap (Bloomberg) – Yahoo Finance
(Bloomberg) — European stocks rose along with U.S. stock futures on blockbuster earnings from Microsoft and Alphabet. The yen fell to its lowest level in 34 years after the Bank of Japan left its key interest rates unchanged. Most Read Articles on Bloomberg The Stoxx Europe 600 rose 0.5%, heading for its first weekly gain […]
Asia Stocks Set to Fall as Meta Drags on Big Tech: Markets Wrap (Bloomberg) – Yahoo Finance
(Bloomberg) — Asian stock markets fell after disappointing forecasts from Meta Platforms, raising concerns that the industry that has driven the bull market in stocks has gone too far. Most Read Articles on Bloomberg Stock indexes in Japan and South Korea fell, and futures in Hong Kong also fell. Australian financial markets are closed for […]
Asian Stocks Rebound With Earnings, Data in Focus: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stocks opened higher this week as focus shifted to a host of corporate earnings and economic indicators to gauge the direction of central bank policy. Most Read Articles on Bloomberg Indexes in Japan, Australia and South Korea all rose more than 1% early Monday, partially recovering from last week’s slump. The dollar […]
US Yields Rise as Solid Data Keeps Lid on Fed Bets: Markets Wrap – Yahoo Finance
(Bloomberg) — U.S. Treasury yields rose slightly as strong economic data increased expectations that the Federal Reserve is in no hurry to cut interest rates. Most Read Articles on Bloomberg Ahead of the start of the quiet period before the Fed’s meeting, bond markets lost momentum, with two-year Treasury yields nearing the 5% level. The […]