Forexlive Americas FX news wrap 9 Aug: A dull Friday ends a volatile week

Broader US stock indices fight for a positive week with less than an hour to go Crude oil futures and settle at $76.84 Key events and releases for next week’s…

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JPMorgan warns of spillovers from Japan market rout, says recovery uncertain

Original source: https://www.investing.com/news/stock-market-news/jpmorgan-warns-of-spillovers-from-japan-market-rout-says-recovery-uncertain-3558327

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Japan stock slump opens the door for increased buybacks- UBS

Original source: https://www.investing.com/news/stock-market-news/japan-stock-slump-opens-the-door-for-increased-buybacks-ubs-3558233

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Asian stocks: Japan tumbles as BOJ vows more rate hikes, China rebound stalls

Original source: https://www.investing.com/news/stock-market-news/asian-stocks-japan-tumbles-as-boj-vows-more-rate-hikes-china-rebound-stalls-3547629

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Japan July Manufacturing PMI (final): 49.1 (prior 50.0)

S&P Global / Jibun Bank Japanese Manufacturing PMI for July 2024 comes in at 49.1 first time under 50 (and into contraction) in 3 months prior 50.0, preliminary 49.2 In…

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Japan’s Honda to close China plant, halt production at another factory

Original source: https://www.investing.com/news/stock-market-news/automaker-honda-to-slash-gas-cars-production-capacity-in-china-nikkei-says-3534786

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Japan’s National CPI holds steady at 2.8% YoY; Core CPI rises less than expected

Japan’s headline National Consumer Price Index (CPI) held steady and came in at the 2.8% YoY rate for June.

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Japan’s Suzuki aims to cut vehicle weight of key model by 15% over a decade

Original source: https://www.investing.com/news/stock-market-news/japans-suzuki-aims-to-cut-vehicle-weight-of-key-model-by-15-over-a-decade-3522051

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Innovation or desperation?

The last 16 hours have been a bit off colour for Japan in their attempts to stem the depreciation in the yen. For one, they reportedly intervened in the market…

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Japan’s core machinery orders missed estimates for a rise m/m in May – recap

Japan’s core machinery orders missed estimates for a rise m/m in May, falling instead. Japan Core Machinery Orders (May 2024) -3.2% m/m (vs. expected +0.8%) this is a volatile indicator…

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