🗞️ Crisis Risk Persists — Stocks Plunge, Dollar Buying Continues but FX Turns Nervous
🗞️ Crisis Risk Persists — Stocks Plunge, Dollar Buying Continues but FX Turns Nervous 🌍 Market Theme “Risk Aversion” and “Renewed Inflation Concerns” In the Middle East, exchanges of attacks between the U.S., Israel, and Iran continue.President Donald Trump warned that the war could potentially “last forever,” raising fears that the conflict may become prolonged. […]
Yen Strengthens as Market Reacts to Japanese Data – Focus Shifts to ISM Non-Manufacturing Index
Yen Strengthens as Market Reacts to Japanese Data – Focus Shifts to ISM Non-Manufacturing Index ■ Today’s Market Movements 📌 Yen Strengthens on Unexpected Japanese Economic Data Japan’s Monthly Labor Statistics Report showed cash earnings rising by 4.8% YoY, exceeding expectations and confirming accelerated wage growth. Minister Akazawa’s comment, “We are currently in an inflationary […]
Responding to weak US indicators from the beginning of the week, today we have the US ADP employment statistics and ISM non-manufacturing index
This week, US economic statistics are announced daily, centered on the US employment statistics over the weekend. On Monday, the ISM manufacturing business sentiment index was unexpectedly low. Yesterday, the JOLTS job openings number decreased significantly from the previous 835.5 thousand (revised down from 848.8 thousand) to 805.9 thousand. On Monday, the manufacturing PMI final […]
Price movements after the US employment statistics show deep-rooted dollar selling pressure
Last weekend’s US employment statistics showed that the increase in the number of employees exceeded market expectations. The market obediently bought the dollar and reacted to the rise in US bond yields. That move was short-lived, however, as it entered the weekend with a weaker dollar and lower US Treasury yields. The market was impressed […]