Dollar hits two-week high against yen as trade talks, Fed meeting loom

Dollar hits two-week high against yen as trade talks, Fed meeting loom

The U.S. dollar rose to a more than two-week high against the yen on Monday at the start of a packed week of global trade negotiations and central bank meetings. U.S. President Donald Trump visits Japan from Monday and will hold a summit the following day with the nation’s new prime minister, Sanae Takaichi. Soon … Read more

BOJ’s Ueda warns of global uncertainty, keep markets guessing on next hike

BOJ’s Ueda warns of global uncertainty, keep markets guessing on next hike

Bank of Japan Governor Kazuo Ueda said inflation was on track to durably hit the bank’s target but warned of global uncertainties that could discourage firms from raising wages, leaving himself a free hand on whether to raise interest rates in October. Ueda reiterated the central bank’s resolve to continue raising still-low interest rates if … Read more

Yen trims weekly advance as investors weigh BOJ, election impacts

Yen trims weekly advance as investors weigh BOJ, election impacts

The yen edged lower on Friday, trimming its sharpest weekly gain in more than four months, as traders considered the impact of potential rate increases by the Bank of Japan and a leadership election this weekend. BOJ Governor Kazuo Ueda reiterated that the central bank would continue raising interest rates if the economy and prices … Read more

Stock futures rise as Trump, EU reach tariff deal

Stock futures rise as Trump, EU reach tariff deal

Stock-index futures climbed after the European Union struck a deal with President Donald Trump that will see the bloc face 15% tariffs on most exports, averting a potentially damaging trade war. S&P 500 contracts rose 0.4% and those for European stocks jumped 1%. The euro was slightly stronger against the dollar after the US-EU deal. … Read more

Markets catch a cold; indices tank 1.6% on HMPV fears

Markets catch a cold; indices tank 1.6% on HMPV fears

Mumbai: India’s key benchmark indices fell about 1.6% on Monday as the detection of Human Metapneumovirus, or HMPV, cases in India kindled pandemic memories and concerns over interest rate hikes by the Bank of Japan further spooked investors, already on edge due to the falling rupee and overseas investors selling. The Nifty fell 388.7 points, … Read more

Asian stocks climb ahead of key rate decisions

Asian stocks climb ahead of key rate decisions

Equities in Asia rose ahead of interest-rate decisions by major central banks across the globe due later this week, including the Federal Reserve. A key stock benchmark for the region climbed, as did shares in Australia and Japan. South Korean equities fell, while futures for Hong Kong stocks pointed to a decline. The moves came … Read more

Yen mired in political uncertainty; dollar looks to key data releases

Yen mired in political uncertainty; dollar looks to key data releases

The yen languished near a three-month trough on Tuesday as the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections raised uncertainty about the nation’s political and monetary outlook. Elsewhere, the dollar eased a touch, though remained not too far from its recent high ahead of major U.S. data releases later in … Read more

Geopolitical clashes, not economic cycles, now drive market volatility: Viktor Shvets

Geopolitical clashes, not economic cycles, now drive market volatility: Viktor Shvets

“We exited a lot of the risk to outside the system, outside economic systems, I should add. So, in other words, it is much more in the politics, in polarisation, in geopolitics,” says Viktor Shvets, Macquarie Capital.Nikunj Dalmia: Let me start with a very basic question. What is your view of the world given that … Read more

Yen slips as Japan’s election result clouds BOJ rate hike prospects

Yen slips as Japan’s election result clouds BOJ rate hike prospects

The yen touched a three-month low on Monday as Japan’s ruling coalition lost its parliamentary majority and investors figured that would likely slow future interest rate hikes, while the dollar headed for a monthly gain on rising U.S. yields. On the dollar, the yen hit its weakest since late July at 153.3 in early-morning trade … Read more

Fed outlook pushes dollar to 2 1/2 month peak; yen under pressure

Fed outlook pushes dollar to 2 1/2 month peak; yen under pressure

The U.S. dollar hovered at a 2-1/2-month peak on Wednesday as investors adjusted bets toward a gradual reduction of interest rates while keeping an eye on a close presidential election race. The yen remained under pressure as the dollar and U.S. Treasury yields marched higher, pushing it to a three-month low. The greenback has climbed … Read more