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Playing the waiting game, Japan stirs

GLOBAL-MARKETS/VIEW-ASIA (GRAPHIC, PIX):MORNING BID ASIA-Playing the waiting game, Japan stirs | World News

Morning Bid: Playing the waiting game, Japan stirs

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets look set to remain on the defensive on Tuesday, kept in check by rising bond yields, political shockwaves in Europe, a buoyant dollar and caution ahead of the U.S.

Nikkei: Bank of Japan will consider  whether to scale back its monthly JGB purchases

MORNING BID ASIA-Playing the waiting game, Japan stirs

A look at the day ahead in Asian markets. Asian markets look set to remain on the defensive on Tuesday, kept in check by rising bond yields, political shockwaves in Europe, a buoyant dollar and. -June 10, 2024 at 05:45 pm EDT - MarketScreener

Morning Bid: Playing the waiting game, Japan stirs

Asian markets look set to remain on the defensive on Tuesday, kept in check by rising bond yields, political shockwaves in Europe, a buoyant dollar and caution ahead of the U.S. Federal Reserve's policy decision later in the week. That's not necessarily a blanket outlook across the continent though - Japanese equities got the week off to a solid start, shrugging off a spike up Japanese Government Bond yields after revisions to first quarter GDP were stronger than expected and the yen fell broadly. Japan's GDP revisions on Monday will have boosted sentiment towards Japan and raised expectations that the Bank of Japan will press ahead with policy normalization at its policy meeting later this week.

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