BoJ’s Ueda: When inflation sustainably hits 2%, wages could rise at the same pace or higher
Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday, “when inflation sustainably hits 2%, wages are likely to be rising at around the same pace or higher.” Additional quotes…
Read More »ForexLive Asia-Pacific FX news wrap: USD/CNY mid-rate set lowest since September 27
Federal Reserve speakers Wednesday: Powell, Cook, Williams, Barr, Jefferson European Central Bank speakers for Wednesday, 8 November 2023 include head economist Lane Baidu ordered artificial intelligence chips from Huawei this…
Read More »Asian stocks muted amid Fed, China jitters; Nikkei soars after BOJ
Original source: https://www.investing.com/news/stock-market-news/asian-stocks-muted-amid-fed-china-jitters-nikkei-soars-after-boj-3216142
Read More »Market Update – October 31 – Stocks Down & Yen plummets
Asian stock markets traded mixed, with China bourses underperforming after weaker than expected PMI reports that signal ongoing weakness, especially in the manufacturing sector. Treasuries meanwhile found buyers and the…
Read More »Wall St rallies 1%, yen gains vs dollar; talk of BOJ policy tweak
Original source: https://www.investing.com/news/economy/asia-stocks-dip-on-middle-east-central-bank-meetings-3212835
Read More »USD/JPY Price Forecast: BoJ Meeting to Deliver Another Tweak to YCC Policy? 145.00 Incoming?
The Yen enjoyed some strength today as Nikkei Asia broke a story that the BoJ are debating a further tweak to YCC policy. Will the BoJ follow through and what…
Read More »October 22: War Israel Heats Up, Elon Musk loses $16 Billion, China Beats Europe (Recap ep249)
In today’s Recap, Marcello talks about the escalation of the armed conflict between Israel and Palestine and explains briefly the effects of this confrontation while not taking any sides. Due…
Read More »Market Update – September 28 – Stocks Sold Off, Buck & Oil Up!
Stock markets sold off across Asia, with Nikkei and Hang Seng underperforming. China jitters and the sharp rise in oil prices are weighing on sentiment. USOIL lifted above USD 94…
Read More »Japanese Yen Tumbles as BOJ Maintains Status Quo: USD/JPY Eyes 150
JPY dropped against USD after the BOJ kept its ultra-loose policy settings and maintained the target around 0% and the cap of 1.0% for the 10-year bond yield. What’s next…
Read More »USD/JPY soars past 141.00 as BoJ expected to stick to dovish stance, weakening the JPY
USD/JPY rallied back above the 141.00 figure after rumors the Bank of Japan (BoJ) would not change its Yield Curve Control (YCC) emerged, spurring an
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