Dollar hugs three-month lows as Treasury seeks to sooth the bond marketOn Thursday, the U.S. dollar faced notable declines, approaching its lowest point in three months. In a bid to stabilize the bond market, U...
Bond markets from US to Japan whacked as inflation and fiscal worries take holdGlobal borrowing costs are hitting multi-decade highs again as inflation fears rise. The United States has seen its 30-year Treasury yields...
Global Market: Emerging Asian currencies rise as softer dollar supports regional marketsEmerging Asian currencies gained on Monday as a weaker US dollar supported regional markets, with Taiwan and Thailand leading gains. Invest...
Global market: Japan Q2 GDP misses estimates, but BOJ rate hike bets remain intactJapan’s second-quarter economic growth missed expectations as weaker household consumption and business investment offset resilient exports...
Global Market Today: Asian shares mixed, dollar dips as Fed hike bets easeThe dollar experienced a decline following disappointing US economic indicators, leading to less anticipation for interest rate hikes. Trea...
Global Market | Bank of Japan could raise rates in September, eye faster hikes: ReportsThe Bank of Japan is contemplating a potential increase in interest rates, likely as soon as September. This decision stems from concerns r...
Global Market Today: Asian stocks advance, crude oil holds declineAsian stock markets experienced a notable rise as easing US inflation rates and declining oil prices alleviated concerns regarding potentia...
Global Market: Japan wholesale inflation stays elevated, bolstering September rate hike betsJapan’s wholesale inflation stayed elevated in July, with producer prices rising 7.2% year-on-year, reinforcing expectations of a September...
Strong majority of Japanese firms have yet to fully embrace AI: Reuters pollAbout 60% of respondents said AI is being used only in some parts of their companies or in other limited ways. Another 18% said they have n...
Global Market Today: Asian stocks rise as rate hike bets ease, oil dipsAsian equities rallied as easing inflation in the United States reduced fears surrounding interest rate hikes. The MSCI Asia Pacific Index ...
Dollar subdued as markets await US inflation data for Fed cluesAs Asian markets greeted Wednesday, the dollar maintained its steadiness. Currency investors eagerly anticipated key inflation data from th...
Yen steadies as intervention boost fades; RBA in focusAfter experiencing a significant drop, the yen managed to stabilize, leaving traders skeptical about the success of the cooperative interve...
US defends dollar as yen weakness threatens global currency orderThe US treasury has stepped in to bolster the Japanese yen and several other currencies, signaling a potential decline of the dollar and hi...
Global Market |Bank of Japan signals vigilance on Yen weakness, keeps door open for rate hikesThe Bank of Japan monitors yen weakness closely, with Governor Kazuo Ueda highlighting its impact on import costs and inflation. While shor...
Global Market: BOJ rate hike case strengthens as policymakers warn of rising inflation risksThe case for a Bank of Japan rate hike as soon as September has strengthened, with several policymakers signalling support for a faster pac...
Dollar drops as weak US jobs data pushes out Fed hike expectationsThe US dollar lost ground against key currencies due to unexpected job losses in July, raising fears about economic stability. As a result,...
Global Market: US-Japan coordinated yen intervention raises pressure on bears, but BOJ policy holds the keyThe first coordinated US-Japan yen-buying intervention in 15 years has triggered a sharp rebound in the Japanese currency, squeezing bearis...