Page 20 - Alan Oster News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Japanese Yen is trading on a softer note in Asian session as the rebound witnessed yesterday begins to lose steam. A notable comment from Japan's Finance Minister Shunichi Suzuki raised some interest among market observers. Suzuki attributed the ongoing weakening of Yen partly to interest rate differentials, steering away from the customary practice of solely pointing fingers at speculative trading. The markets are now awaiting to see if this expanded rhetoric will hold over time. More significantly, the change in tone could potentially hint at BoJ mulling over the idea of moving away fro...

Australia NAB Business Confidence for September remained stable at a level of 1. Meanwhile, a decline was observed in Business Conditions, which slid from 14 to 11. A deeper dive into the components reveals trading conditions receding from 19 to 16, profitability conditions from 14 to 8, and employment conditions registering a dip from 10 to 8.

Yen facing renewed selling pressure today as the development coincides a remarkable rebound in Nikkei and pullback in 10-year JGB yield. The notable rally in Nikkei, marking its largest single-day surge in nearly a year, is pivotal, signifying the potential of an extended risk-on sentiment in Japan that could correlate with a further depreciation of Yen.

Spring is here, meaning a fresh selling season is well underway, and with it comes bountiful opportunities for mortgage brokers to harvest. As this season is expected to be a fruitful one, we exam

Analysts are worried that inflation is set to accelerate from a surging oil price and the prospect of higher food prices from a hot, dry summer.