Asian shares slip, yen aims for best week in 4 months on BOJ hike bets
Trending News
3 weeks, 3 days ago

Asian shares slip, yen aims for best week in 4 months on BOJ hike bets

Live Mint  

By Stella Qiu SYDNEY - Asian shares slipped on Friday while the yen was aiming for its best week in four months as strong local inflation data had traders favouring an imminent rate hike from the Bank of Japan. "We note that the acceleration in inflation, combined with the solid recovery in monthly activity, increases the odds of another BoJ rate hike in December," said analysts at ING in a note. Futures narrowed the odds of a quarter-point rate cut from the Federal Reserve in December to 63%, from 55% a week ago, according to CME Group's Fed Watch Tool. Traders are still leaning towards a 25-bps rate cut from the European Central Bank in December, after a board member Isabel Schnabel said it should only cut rates gradually.

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History of this topic

JGB yields rise as weak yen drives bets for BOJ rate hike
6 days, 15 hours ago

JGB yields rise as weak yen drives bets for BOJ rate hike

Live Mint  

TOKYO, Dec 17 - Japanese government bond yields rose on Tuesday, as a weaker yen drove bets that the Bank of Japan may increase interest rates at its policy meeting this week. The two-year JGB yield rose 1 basis point to 0.59% and the five-year yield rose 1.5 bps to 0.730%. "The yields rose because expectations that the BOJ may …

Over 90% of market players expect BOJ to keep rates steady this week, survey shows
6 days, 18 hours ago

Over 90% of market players expect BOJ to keep rates steady this week, survey shows

Live Mint  

TOKYO, - Over 90% of market participants expect the Bank of Japan to keep interest rates steady at this week's policy meeting, a survey by money market brokerage Ueda Yagi Tanshi showed on Tuesday. Of the total, 91% said they expect the central bank to keep short-term interest rates unchanged at 0.25% this week. Sources have told Reuters the BOJ …

Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints
1 week, 3 days ago

Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints

Associated Press  

HONG KONG — Asian shares fell on Friday, tracking Wall Street’s decline in response to potentially discouraging data on the economy. The European Central Bank cut rates by a quarter of a percentage point on Thursday, as many investors expected, and the Swiss National Bank cut its policy rate by a steeper half of a percentage point. Following its decision, …

EXCLUSIVE-BOJ leaning toward keeping rates steady next week, sources say
Trending News
1 week, 3 days ago

EXCLUSIVE-BOJ leaning toward keeping rates steady next week, sources say

Live Mint  

* BOJ in no rush to hike as yen's rebound moderates price pressure * Void of renewed yen plunge, BOJ prefers to gauge more data * Trump risk, wage uncertainty favour standing pat - for now * BOJ to meet Dec. 18-19, Fed decision due hours before BOJ's By Leika Kihara TOKYO, Dec 12 - The Bank of Japan is …

BOJ leaning toward keeping rates steady next week, sources say
1 week, 4 days ago

BOJ leaning toward keeping rates steady next week, sources say

Live Mint  

* BOJ in no rush to hike as yen's rebound moderates price pressure * Void of renewed yen plunge, BOJ prefers to gauge more data * Trump risk, wage uncertainty favour standing pat - for now * BOJ to meet Dec. 18-19, Fed decision due hours before BOJ's By Leika Kihara TOKYO, Dec 12 - The Bank of Japan is …

Asian stocks climb as China stimulus aids sentiment; currencies muted
1 week, 6 days ago

Asian stocks climb as China stimulus aids sentiment; currencies muted

Live Mint  

* China stocks jump nearly 3% amid China policy shift * S.Korean won rises 0.5%, shares jump over 2% * Investors await U.S. CPI print for cues on rate outlook By John Biju Dec 10 - Emerging Asian equities rose on Tuesday following China's pledge for additional policy stimulus to boost economic growth and ease monetary policy, while South Korean …

BOJ’s Ueda Says Rate Hike Getting Nearer With Wage Trend Key
3 weeks, 2 days ago

BOJ’s Ueda Says Rate Hike Getting Nearer With Wage Trend Key

Live Mint  

-- Bank of Japan Governor Kazuo Ueda said interest-rate hikes are “nearing” as inflation and economic trends develop in line with the central bank’s forecasts, helping strengthen the yen without explicitly supporting an increase in December. Japan’s currency had already gained nearly 1% earlier Friday as market bets on a December rate hike rose following data showing inflation in Tokyo …

Japan’s Nikkei slips on firmer yen amid BOJ rate hike bets; logs worst month since April
3 weeks, 3 days ago

Japan’s Nikkei slips on firmer yen amid BOJ rate hike bets; logs worst month since April

Live Mint  

By Brigid Riley TOKYO, - Japan's Nikkei share average fell on Friday as the yen strengthened on growing expectations of an interest rate hike by the Bank of Japan after hotter-than-expected inflation data. Meanwhile, banks and insurance stocks were boosted by prospects of the rate hike, sending Dai-ichi Life Holdings soaring 3.5% and Chiba Bank rallying 4.2% to land among …

Yen hits 6-week high amid growing BOJ rate hike bets
Trending News
3 weeks, 3 days ago

Yen hits 6-week high amid growing BOJ rate hike bets

Live Mint  

By Kevin Buckland TOKYO, Nov 29 - The yen jumped as much as 1.2% against the U.S. dollar to a six-week high on Friday, after faster-than-expected inflation in Tokyo supported bets for a Bank of Japan interest rate hike next month. The dollar index, which measures the greenback versus the yen, sterling, euro, and three other rivals, was 0.2% weaker …

Rupee to bypass recovery in Asian peers on worries over outflows
3 weeks, 3 days ago

Rupee to bypass recovery in Asian peers on worries over outflows

Live Mint  

By Nimesh Vora MUMBAI, Nov 29 - The Indian rupee is likely to hover near its all-time low on Friday as concerns about portfolio outflows override the recovery in Asian peers. The 1-month non-deliverable forward indicated the rupee will open at 84.4850-84.4950 to the U.S. dollar, nearly unchanged from its close on Thursday and near the lifetime low of 84.5075 …

Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower
3 weeks, 4 days ago

Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower

Associated Press  

BANGKOK — Shares opened higher in Europe on Thursday after a mixed session in Asia following a Big Tech-led retreat on Wall Street. South Korea’s Kospi gained less than 0.1% to 2,504.67 after the central bank cut its benchmark interest rate to relieve pressure on its slowing economy. Hong Kong’s Hang Seng index lost 1.2% to 19,366.96 and the Shanghai …

Japan’s Nikkei rises as investors step in after two-day drop
3 weeks, 4 days ago

Japan’s Nikkei rises as investors step in after two-day drop

Live Mint  

TOKYO, - Japan's Nikkei share average erased early losses to trade higher on Thursday after two straight sessions of losses made stocks relatively cheaper. Even shares in Toyota rose despite a stronger yen," said Seiichi Suzuki, chief equity market analyst at Tokai Tokyo Intelligence Laboratory. Wall Street's main indexes closed lower on Wednesday, with the Nasdaq leading the declines, as …

Asia shares wobble on China angst; long-end US bond yields rise with dollar
Trending News
1 month, 1 week ago

Asia shares wobble on China angst; long-end US bond yields rise with dollar

Live Mint  

By Rae Wee SINGORE - Weak China markets dragged broader Asian shares lower on Thursday, while longer-dated U.S. bond yields rose alongside the dollar as investors assessed the monetary policy and inflation outlook in the world's largest economy. In the broader market, traders responded to a U.S. inflation print that was in line with expectations by ramping up bets of …

Dollar Gains Before US CPI as Rate Bets Are Pared: Markets Wrap
1 month, 1 week ago

Dollar Gains Before US CPI as Rate Bets Are Pared: Markets Wrap

Live Mint  

The dollar climbed for a fourth day and Asian stocks fell ahead of key inflation data that may further sap confidence in the pace of Federal Reserve interest-rate cuts. In addition, market watchers expect US president-elect Donald Trump’s proposed tax and tariff policies to further drive up inflation, with his key picks for administration posts signaling a tough stance against …

Stock market today: Asian shares gain after US Fed cuts interest rates
1 month, 2 weeks ago

Stock market today: Asian shares gain after US Fed cuts interest rates

The Independent  

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Stock Market Today: Asian shares retreat after Trump's victory as focus turns to the Fed
Trending News
1 month, 2 weeks ago

Stock Market Today: Asian shares retreat after Trump's victory as focus turns to the Fed

The Independent  

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Bank of Japan's Policy Decision and China's PMI Surveys to Shape Market Sentiment
1 month, 3 weeks ago

Bank of Japan's Policy Decision and China's PMI Surveys to Shape Market Sentiment

Live Mint  

A plethora of economic and policy news is expected to dominate Asian markets on Thursday, with major central bank decisions, China's purchasing managers index surveys, and corporate earnings reports topping the agenda. The Bank of Japan's policy decision, which was widely expected, is likely to be closely watched, along with China's official purchasing managers index surveys for October. Additionally, the …

Ueda's Focus on Right-Sizing Normalization: Keeping Him Awake 24/7
2 months ago

Ueda's Focus on Right-Sizing Normalization: Keeping Him Awake 24/7

Live Mint  

Bank of Japan Governor Kazuo Ueda hints at more interest-rate hikes, saying that figuring out the right size and timing for further normalization of Japan's easy monetary policy is his over-arching preoccupation. Ueda also spoke shortly after Japan's currency slid as much as 1.4% to 153.19 per dollar on Wednesday, the weakest level since July 31. While the BOJ chief …

Asian stocks are mixed following a quiet day on Wall Street
2 months ago

Asian stocks are mixed following a quiet day on Wall Street

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. U.S. futures and oil prices …

Asia's Stock Market Tight, Gold Soars to Record High as Middle East Tensions Spark Demand
2 months ago

Asia's Stock Market Tight, Gold Soars to Record High as Middle East Tensions Spark Demand

Live Mint  

Asian stock markets are trading in a tight range, while gold reaches a record high as tensions in the Middle East escalate. Australian stocks gain, while Japanese equities slip and Hong Kong equity futures signal declines. US futures rise after the S&P 500's longest winning streak this year. Silver, palladium and platinum all rise, while crude remains unchanged. The reappointment …

Stock market today: Asian shares are mixed and the yen slips against the dollar
2 months, 2 weeks ago

Stock market today: Asian shares are mixed and the yen slips against the dollar

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The meeting between Ishiba and …

Asian markets mixed, Japanese stocks rally from Monday's slump
2 months, 3 weeks ago

Asian markets mixed, Japanese stocks rally from Monday's slump

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Wall Street has catapulted to …

Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands pat
3 months ago

Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands pat

The Independent  

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Stock market today: Asian markets forge higher after Fed's first rate cut in over 4 years
3 months ago

Stock market today: Asian markets forge higher after Fed's first rate cut in over 4 years

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian markets forged higher on …

Stock market today: Asia shares rise moderately ahead of closely watched Federal Reserve meeting
3 months ago

Stock market today: Asia shares rise moderately ahead of closely watched Federal Reserve meeting

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Thanks …

Keep eye on global interest rate cuts for market moves
3 months, 1 week ago

Keep eye on global interest rate cuts for market moves

New Indian Express  

Indian markets are hitting new highs and defying the ‘September effect’, considered the worst month for global stock markets. The sharp rally driven by banking, IT and auto stocks gained strength from a host of factors including interest rate cuts in the US, China and Europe. A bigger cut would confirm the worst fears of a hard landing for the …

Asia shares slip, China inflation surprisingly soft
3 months, 2 weeks ago

Asia shares slip, China inflation surprisingly soft

Hindustan Times  

By Wayne Cole Asia shares slip, China inflation surprisingly soft SYDNEY -Asian share markets slid on Monday after worries about a possible U.S. economic downturn slugged Wall Street, though U.S. stock futures did rally from an early dip and bond yields came off their lows. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 1.2%, after shedding 2.25% last week, …

Tiptoeing nervously along US rate path
3 months, 3 weeks ago

Tiptoeing nervously along US rate path

Live Mint  

By Jamie McGeever Aug 27 - A look at the day ahead in Asian markets. World markets are entering a period of nervous uncertainty as investors try to determine whether upcoming U.S. interest rate cuts will be benign and in tandem with a "soft landing," or mitigation against a more damaging economic downturn. Nvidia shares slid ahead of the AI …

Asian stocks mixed after Wall Street rallies as 'time has come' for rate cuts
3 months, 3 weeks ago

Asian stocks mixed after Wall Street rallies as 'time has come' for rate cuts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian stocks were mixed Monday …

Yen Rallies Against Dollar, Outstripping Most of Its G-10 Peers
4 months ago

Yen Rallies Against Dollar, Outstripping Most of Its G-10 Peers

Live Mint  

The yen outperformed most of its peers in the Group of 10 Monday, rallying against the dollar in jittery trading ahead of key central bank events later in the week. The rally came amid broad weakness in the dollar, with investors on edge before Bank of Japan Governor Kazuo Ueda appears in parliament on Friday, and Federal Reserve Chair Jerome …

Asian stocks follow Wall Street climb
4 months, 1 week ago

Asian stocks follow Wall Street climb

Hindustan Times  

Asian markets mostly mirrored positive strides on Wall Street in early trade Thursday, as easing US consumer inflation buoyed hopes that a big interest rate cut was around the corner and economic growth in Japan outpaced expectations. Asian stocks follow Wall Street climb The eagerly awaited US consumer price index data showed a 2.9 percent rise last month from a …

Japan's share benchmark resumes swings after calm day on Wall Street
4 months, 2 weeks ago

Japan's share benchmark resumes swings after calm day on Wall Street

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The interest rate hike, however …

Japan Stock market crash: Nikkei 225 index plunges 12.4% as world markets tremble over risks to the US economy
4 months, 2 weeks ago

Japan Stock market crash: Nikkei 225 index plunges 12.4% as world markets tremble over risks to the US economy

The Hindu  

Japan’s benchmark stock index plunged 12.4% on August 5, compounding a global market rout set off by investor concerns that the the U.S. economy could be headed for recession. But after Friday’s jobs report, worries are rising the Fed may have kept its main interest rate at a two-decade high for too long, raising risks of a recession in the …

Japan hikes interest rates for only second time in 17 years to shore up yen and tame inflation
4 months, 3 weeks ago

Japan hikes interest rates for only second time in 17 years to shore up yen and tame inflation

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Japan’s central bank has hiked …

Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yen
4 months, 3 weeks ago

Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yen

Associated Press  

TOKYO — Asian shares traded mixed Thursday as Tokyo’s benchmark plunged as the U.S. dollar sank against the yen. The widespread gains came as Treasury yields eased in the bond market after the Federal Reserve gave the clearest indication yet that it could begin lowering interest rates in September. Fed Chair Jerome Powell said policy makers are “getting closer to …

Bank of Japan to outline bond taper plan, debate rate hike timing
4 months, 3 weeks ago

Bank of Japan to outline bond taper plan, debate rate hike timing

Live Mint  

* BOJ concludes 2-day meeting, decision expected 0300-0430 GMT * Board to debate rate hike timing, July move likely close call * BOJ seen halving bond buying in 1.5-2 years' time in QT plan * Governor Ueda likely to brief media 0630 GMT By Leika Kihara TOKYO, - The Bank of Japan is expected to detail plans to taper its …

Stock market today: Asian stocks are mostly higher as Bank of Japan raises benchmark rate
4 months, 3 weeks ago

Stock market today: Asian stocks are mostly higher as Bank of Japan raises benchmark rate

Associated Press  

Asian stocks were mostly higher Wednesday following a decision by the Bank of Japan to raise its benchmark interest rate. Japan’s benchmark Nikkei 225 edged 0.1% lower to 38,478.92 after the central bank’s decision to raise the benchmark rate to about 0.25% from 0.1%. The Hang Seng in Hong Kong added 1.9% to 17,326.58 and the Shanghai Composite index was …

Stock market today: Asian stocks slip, while Australian index tracks Wall St rally to hit record
5 months, 1 week ago

Stock market today: Asian stocks slip, while Australian index tracks Wall St rally to hit record

Associated Press  

Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates, while Australia’s benchmark hit a new record. The Dow Jones Industrial Average leaped 1.9% to 40,954.48, and the Nasdaq composite lagged with a gain of 0.2% to 18,509.34, as the stars dimmed for some of the year’s …

Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records
5 months, 1 week ago

Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records

The Independent  

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Stock market today: Asian shares are mixed after Fed chair’s comments give scant clues on rate cuts
5 months, 2 weeks ago

Stock market today: Asian shares are mixed after Fed chair’s comments give scant clues on rate cuts

Associated Press  

Shares were mixed Wednesday in Asia after remarks by Federal Reserve Chair Jerome Powell in front of Congress did little to change investors’ expectations for the timing of a Fed interest rate cut. In his testimony Tuesday before the Senate Banking Committee, Powell reiterated that inflation has eased notably in the past two years, though it remains above the central …

Stock market today: Asian shares mostly rise ahead of U.S. inflation report
5 months, 3 weeks ago

Stock market today: Asian shares mostly rise ahead of U.S. inflation report

Associated Press  

TOKYO — Asian shares gained Friday as traders looked ahead to a key report on inflation that could influence the Federal Reserve’s next move on interest rates. Jeans maker Levi Strauss sank 15.4% after its latest quarterly revenue results fell short of analysts’ expectations, along with its current earnings forecast for the year. The stock market has been listless this …

Bank of Japan to cut buying govt bonds
6 months ago

Bank of Japan to cut buying govt bonds

China Daily  

Pedestrians walk past the Bank of Japan building in Tokyo, Japan March 18, 2024. The Bank of Japan's recent announcement that it will reduce the scale of its long-term government bond purchases while leaving short-term interest rates unchanged is seen as a move toward monetary policy normalization by experts, who said it could alleviate some of the pressure on the …

Bank of Japan to scale down huge bond-buying programme
6 months, 1 week ago

Bank of Japan to scale down huge bond-buying programme

New Indian Express  

TOKYO: The Bank of Japan on Friday said it would trim its vast hoard of government bonds as it cautiously steps away from its long-running ultra-loose monetary policy. The central bank kept interest rates unchanged after a two-day meeting but announced plans to "reduce its purchase amount of JGBs thereafter to ensure that long-term interest rates would be formed more …

Stock market today: Asia shares rise amid Bank of Japan focus after the Fed stands pat
6 months, 1 week ago

Stock market today: Asia shares rise amid Bank of Japan focus after the Fed stands pat

Associated Press  

TOKYO — Asian shares mostly rose Thursday, as investors turned their attention to what the Bank of Japan might decide on monetary policy later this week. The Bank of Japan is not expected to raise its benchmark rate when it wraps up its meeting on Friday, but the economy is under pressure from the dollar’s prolonged surge against the Japanese …

Stock market today: Asian shares are mostly lower ahead of Fed decision on interest rates
6 months, 1 week ago

Stock market today: Asian shares are mostly lower ahead of Fed decision on interest rates

Associated Press  

BANGKOK — Shares were mostly lower Wednesday in Asia ahead of a decision by the Federal Reserve on interest rates. The worry is that the Bank of Japan will be constrained from raising interest rates out of concern that higher prices will depress consumer spending, hurting the overall economy. The key events for the market this week come on Wednesday, …

Weak yen a double-edged sword, say mkt mavens
6 months, 1 week ago

Weak yen a double-edged sword, say mkt mavens

China Daily  

Pedestrians walk past an electronic board showing the closing numbers of the Tokyo Stock Exchange along a street in Tokyo on February 8, 2024. Experts from Trip.com, China's largest online travel agency, said that Japan has been the top tourist destination for Chinese travelers so far this year, largely due to the depreciation of the yen. Zhou Junzhi, chief macroeconomic …

Traders bet on faster interest rate cuts as US inflation falls
7 months, 1 week ago

Traders bet on faster interest rate cuts as US inflation falls

The Telegraph  

Thanks for joining me. 5 things to start your day 1) Vauxhall owner to sell cheap Chinese electric cars in Britain | Stellantis boss criticises Western protectionism as he doubles down on China partnership 2) Colonial diamond empire De Beers to be sold as Anglo American fights off takeover | British mining giant launches shake-up after rejecting £34bn offer from …

Stock market today: Asian markets follow Wall Street higher ahead of U.S. key inflation update
7 months, 1 week ago

Stock market today: Asian markets follow Wall Street higher ahead of U.S. key inflation update

Associated Press  

HONG KONG — Asian stocks were mostly higher on Wednesday after a rally on Wall Street that took the Nasdaq composite index to a record high. Speaking at a panel discussion in Amsterdam on Tuesday, he reaffirmed that the U.S. central bank won’t likely raise its key interest rate to respond to stubborn inflation. In China, the Shanghai Composite index …

Japan is wrong to try to prop up the yen
7 months, 2 weeks ago

Japan is wrong to try to prop up the yen

Hindustan Times  

It is easy for investors to lose a fortune in the financial markets—and even easier for governments. In 2022 Japan spent more than $60bn of its foreign-exchange reserves defending the yen, its first intervention to strengthen the currency since 1998, after the exchange rate fell to nearly ¥146 to the dollar. Higher rates abroad make profitable a “carry trade”, whereby …

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