China Cuts Rates, Dollar Under Pressure Amid Risk Appetite, Yen Weakness Continues
China Cuts Rates, Dollar Under Pressure Amid Risk Appetite, Yen Weakness Continues Today, the People’s Bank of China lowered the one-year interest rate from 2.30% to 2.00%. This move is part of previously reported economic stimulus measures and is accelerating a global risk appetite. Chinese and Hong Kong stocks have surged, European stocks are also […]
Yen Weakening Amidst Expectations of China’s Economic Stimulus and Ueda’s Remarks
Yen Weakening Amidst Expectations of China’s Economic Stimulus and Ueda’s Remarks In the Tokyo market after the holiday, the yen is gradually depreciating. There are rising expectations that China will actively implement economic stimulus measures, leading to an increase in commodity prices such as crude oil and iron ore. As a result, USD/JPY has moved […]
Quiet Movements in Asian Markets, Awaiting PMI Preliminary Results from Europe and the U.S.
Quiet Movements in Asian Markets, Awaiting PMI Preliminary Results from Europe and the U.S. The Asian markets, with Tokyo absent, are showing overall quiet movements. USD/JPY is trading within a range from around 143.70 to 144.46, indicating a trend toward yen depreciation. Cross-currency pairs are also showing slight increases, with EUR/JPY rising from the low […]
After the U.S. FOMC and BoJ Meeting, USD/JPY Surges into the 144 Range! Focus on BoJ Governor Ueda’s Press Conference
After the U.S. FOMC and BoJ Meeting, USD/JPY Surges into the 144 Range! Focus on BoJ Governor Ueda’s Press Conference This week, following the U.S. FOMC and the BoE’s MPC, the Bank of Japan (BoJ) also held its monetary policy meeting. Today’s announcement confirmed that the BoJ’s policy rate remains unchanged, which led to fluctuations […]
Tonight’s U.S. FOMC Announcement: Focus on Rate Cut Size and Market Reaction
Tonight’s U.S. FOMC Announcement: Focus on Rate Cut Size and Market Reaction Tonight, the U.S. FOMC will announce a rate cut for the first time in four years. The market is divided over whether the cut will be 50 basis points or 25 basis points. According to the latest CME FedWatch, expectations for a 50bp […]
Adjusting Ahead of the U.S. FOMC Announcement: Focus on U.S. Retail Sales
The results of the U.S. FOMC meeting will be announced tomorrow, and a rate cut not seen in four years is expected. Market focus is on whether the cut will be 50 basis points or 25 basis points. According to the CME FedWatch tool, the odds are currently 67% for a 50bp cut and 33% […]
Strong yen and weak dollar kick off week ahead of FOMC and BOJ meetings
Current Market Situation: At the start of the week, USD/JPY dipped to the 139 range, marking the lowest level for the yen since July last year. Although it has since recovered to the 140 range, there remains strong selling pressure on the dollar amid uncertainties surrounding the upcoming FOMC and BOJ meetings. FOMC Expectations: Last […]
This Week’s Indicators and Focus on Next Week’s Fed Meeting: 25bp or 50bp?
This Week’s Indicators and Focus on Next Week’s Fed Meeting: 25bp or 50bp? This week, the USD has shown volatility, while the JPY has been trending stronger. Key highlights include the recent US employment report and this week’s US CPI and PPI. Despite persistent inflation pressures in core indices, headline numbers have declined as expected, […]
Today, Focus Shifts to ECB Meeting and U.S. Economic Indicators Amidst Stabilizing Risk Sentiment
Today, Focus Shifts to ECB Meeting and U.S. Economic Indicators Amidst Stabilizing Risk Sentiment In the Tokyo market, the Nikkei index has finally emerged from a seven-day losing streak, showing a more stable movement. The U.S. CPI results revealed that the headline year-on-year rate fell from 2.9% to 2.5%, while the core year-on-year rate remained […]
U.S. Presidential Debate Passed, Now Focus Shifts to U.S. CPI
U.S. Presidential Debate Passed, Now Focus Shifts to U.S. CPI In the Tokyo market, the yen is strengthening. Bank of Japan Policy Board member Nakagawa, seen as dovish, mentioned adjusting monetary easing, aligning with Governor Ueda’s stance on normalizing monetary policy. Additionally, reports suggest Harris held the upper hand in the highly anticipated Trump vs. […]