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US 10-yr Yield Marches Towards 5%, But Dollar Fails to Match the Tempo

The global markets today are abuzz with the rapid rise of US benchmark treasury yields. Market pundits are keeping a keen eye on 10-year yield, which, given its present momentum, is poised to touch 5% level. All eyes will also be on how traders react at this critical psychological level. Simultaneously, anticipation is building around Fed Chair Jerome Powell's forthcoming speech at the Economic Club of New York. It's widely expected that he will reiterate the stance on maintaining &quo...
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BoJ's regional economic report unveils broadest upgrade since mid 2022

In the Regional Economic Report released today, BoJ upgraded the economic assessment for six regions, marking the most substantial uplift since July 2022. The regions experiencing this optimistic revision include Hokkaido, Tohoku, Hokuriku, Kanto-Koshinetsu, Chugoku, and Shikoku. Conversely, the economic outlook for Tokai, Kinki, and Kyushu-Okinawa remained steady.
Japan General Regional Economic Report

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Court backs those not covered by Minamata disease relief law | The Asahi Shimbun: Breaking News, Japan News and Analysis

OSAKA--The district court here handed down a ruling with potentially far-reaching ramifications by taking the side of plaintiffs who argued they should be covered by a special measures law providing government relief to victims of Minamata disease.
Japan General Chisso Corp Osaka District Court On Sept Osaka Prefecture Osaka District Court Minamata Bay
Source: asahi.com

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