GLOBAL MARKETS-Stocks limp toward biggest weekly fall of the year
*World shares in danger of biggest weekly fall of 2023*Dollar clings to 2-mth high; traders await U.S. PCE data*Nikkei rises as BOJ nominee says to maintain ultra-loose policy*Geopolitics in focus on first anniversary of Ukraine invasion*Graphic: World FX rates tmsnrt.rs/2egbfVh*LONDON, Feb 24 (Reuters) – World shares limped toward their biggest weekly fall of the year […]
Japan confirms FX interventions twice in Oct to support yen By Reuters
© Reuters. FILE PHOTO: Banknotes of Japanese yen are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo TOKYO (Reuters) – Japan confirmed on Tuesday that it did intervene in the foreign exchange market twice in October to support its yen currency, Ministry of Finance (MOF) data showed on Tuesday. The quarterly […]
Japan senior official says no truth that Amamiya sounded out for BOJ Gov position
more to come Japan deputy chief cabinet secretary Isozaki statement: No truth to reports BOJ Read this Term deputy gov Amamiya sounded out for the next BOJ governor job ICYMI, this from earlier: Speculation regarding BOJ Dep Gov Amamiya being approached to become the new gov. once Kuroda’s term expires on April 8: USD/JPY down […]
Japan finance minister Suzuki says he hasn’t heard anything on BOJ Gov nominations yet
Suzuki is aware of the report in the Nikkei and the response of the yen, lower in very early Asian Monday: USD/JPY above 132 in early Monday Asia trade, 06 February 2023 – chart Japan’s Nikkei carried the report saying that Japan’s government has approached Bank of Japan Deputy Gov. Masayoshi Amamiya as a possible […]
Japan sounds out BoJ deputy Amamiya for central bank governor
The Nikkei reported that Japan’s government has approached Bank of Japan Deputy Gov. Masayoshi Amamiya as a possible successor to central bank chief Haruhiko Kuroda while Tokyo prepares for the first change of leadership at the BOJ in a decade. ”Government and ruling coalition officials said the subject had been discussed with Amamiya. The 67-year-old career central […]
As China and Russia get “closer” and Beijing invests in nuclear weapons, NATO focuses on new “friends”
Tokyo — China’s growing assertiveness and collaboration with Russia poses a threat not only to Asia but also to Europe, NATO Secretary-General Jens Stoltenberg said Wednesday as he sought stronger cooperation and more “friends” for NATO in the Indo-Pacific region. Stoltenberg said China is increasingly investing in nuclear weapons and long-range missiles without providing transparency […]
Dollar Plunges as Fed Says Disinflation Now in Play
The dollar tumbled on Thursday after the U.S. Federal Reserve said it had turned a corner in the fight against inflation, giving markets a confidence boost that the end of its rate-hike campaign is near. Source link
USD/JPY bulls hesitate around mid-130.00s as upbeat Japan data tease BoJ hawks
USD/JPY struggles to extend week-start rebound amid strong statistics from Tokyo. Japan’s Unemployment Rate remains unchanged but Industrial Production, Retail Trade cross market forecasts in December. Mixed sentiment, hawkish concerns surrounding BoJ keeps Yen pair sellers hopeful. US CB Consumer Confidence, risk catalysts will be crucial ahead of the FOMC. USD/JPY grinds higher around 130.50 […]
GLOBAL MARKETS-Stocks take breather after January surge, Adani plunges in India
LONDON, Jan 27 (Reuters) – World stocks eked out a 5-1/2 month high and the dollar held close to an eight-month low on Friday, as reassuring U.S. economic and inflation data kept the bulls largely in charge ahead of next week’s slate of top central bank meetings.Asia-Pacific shares maintained their best start to a year […]
Japan PM Kishida says BOJ December ‘tweak’ was to enhance, sustain monetary easing effects
Reuters headline on a remark from Japanese Prime Minister Kishida: Acknowledges BOJ’S December policy decision was an operational tweak to enhance, sustain monetary easing effects smoothly Huh. Given the way inflation is rising in Japan many in the markets saw it as a tiny first step towards the Bank of Japan dially back its ultra […]