CashNews.co By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Thursday is shaping up to be a huge day for markets in Asia as investors brace for a deluge of major corporate and economic newsflow, topped by the Bank of Japan’s policy decision and China’s official purchasing managers index surveys […]
BOJ to Sit Tight as Japan and US Elections Elevate Uncertainty #JapanFinance
CashNews.co (Bloomberg) — The Bank of Japan is widely expected to stand pat Thursday in the face of elevated uncertainty, as financial markets brace for the US presidential election after Japan’s polls resulted in a lack of clarity over its next government. Most Read from Bloomberg Governor Kazuo Ueda and his fellow board members are […]
Undiscovered Gems In Japan To Explore October 2024 #JapanFinance
CashNews.co As Japan’s stock markets recently experienced a downturn, with the Nikkei 225 and TOPIX indices both declining amid election uncertainty, investors are increasingly interested in identifying resilient opportunities within this challenging environment. In such conditions, stocks that demonstrate strong fundamentals, adaptability to economic shifts, and potential for growth despite broader market volatility can be […]
Yen remains under pressure after Japan election #JapanFinance
CashNews.co By Laura Matthews NEW YORK (Reuters) -The yen hit three-month lows against the dollar on Monday, remaining under pressure as an election loss by Japan’s ruling coalition raises political and monetary policy uncertainty, while the U.S. dollar headed for its biggest monthly gain since April 2022. The dollar rose by as much as 1% […]
Japan continues to see moderate economic recovery, cuts factory output view #JapanFinance
CashNews.co TOKYO (Reuters) – The Japanese government stuck to its assessment that the economy is recovering moderately, although it reiterated the need to pay close attention to potential global economic risks and financial market volatility. “The economy is expected to continue recovering at a moderate pace with the improving employment and income situation,” the Cabinet […]
Oil and yen drop on MidEast restraint, Japan indecision #JapanFinance
CashNews.co A look at the day ahead in U.S. and global markets from Mike Dolan A monster Halloween week of critical market events kicked off with a sharp slide in both crude oil prices and Japan’s yen as tensions eased somewhat in the Middle East while Japan’s election injected a rare bout of political uncertainty […]
Closely watching FX moves including those driven by speculators #JapanFinance
CashNews.co Japan’s Finance Minister Katsunobu Kato on Tuesday that he is ”closely watching FX moves, including those driven by speculators, with a higher sense of vigilance.” Further comments Won’t comment on forex levels. Important for currencies to move in stable manner reflecting fundamentals. Market reaction USD/JPY remains in the red near 153.00 following these above […]
Japan’s Chip Push Loses Key Advocate After Election Defeat #JapanFinance
CashNews.co (Bloomberg) — Liberal Democratic Party heavyweight Akira Amari’s defeat in Japan’s general election removes from parliament one of the chip sector’s biggest advocates as concerns grow over the amount of taxpayer money getting plowed into the industry. Most Read from Bloomberg Amari, who previously served as economy minister during his four decades as a […]
Japan finance minister Kato closely watching FX moves including those drive by speculators #JapanFinance
CashNews.co High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do […]
Japan’s finance minister vows to closely watch FX moves By Reuters #JapanFinance
CashNews.co TOKYO (Reuters) – Japan’s Finance Minister Katsunobu Kato reiterated on Tuesday that the authorities would be vigilant to foreign exchange moves, including those driven by speculators. “We will continue to closely monitor foreign exchange moves, including those driven by speculators, with a higher sense of vigilance,” Kato told a regular news conference. The yen […]