Confirmation of Post-Holiday Movement in US Markets: Is the Trend Dollar Strength and Yen Weakness?
The dollar-yen rose to the 150.30 yen level. However, there were no significant factors observed, with US bond yields not showing much activity. Asian stocks, including Japan’s, were slightly weak. In overseas markets, attention is on the movements of US and Canadian markets, which were closed yesterday. With a firming trend in cross-yen pairs, the […]
Hong Kong and Shanghai Stocks Rebound on Lull in Yuan Weakness; Will It Spill Over to U.S. and European Markets?
Today, Hong Kong and Shanghai stocks are showing a firm performance. Although the Chinese government has not announced specific economic stimulus measures, Prime Minister Li Keqiang expressed confidence in achieving 5% growth during the Davos conference today. Market attention is also focused on the stabilization of the depreciation of the Chinese yuan. It appears that […]