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Global shares were firmer on Friday ahead of key U.S. non-farm payroll numbers, underpinned by reassurance from the Federal Reserve that the next move in rates would be down. The yen...
A more dovish-than-expected Federal Reserve meeting and an eye-watering $110 billion share buyback programme from Apple have boosted risk sentiment ahead of the crucial U.S. nonfarm payrolls report later in the day.
Japanese authorities likely intervened in the currency market to signal they see 160 yen to the dollar as their line in the sand, Columbia University academic and former finance ministry executive... -May 01, 2024 at 10:20 pm EDT - MarketScreener
South Korea's exports rose for a seventh straight month in April, trade data showed on Wednesday, as strong demand for chips continued to lead growth while automobile sales and U.S. shipments climbed... -May 30, 2024 at 08:41 pm EDT - MarketScreener
The Bank of Japan's decision to keep policy unchanged last week gave yen bears plenty of sell cues, but largely overlooked in the stampede were signals the central bank could raise rates in several stages in years ahead, with a hike possible in autumn. The yen hit a fresh 34-year low as markets focused on the BOJ's decision on Friday to keep interest rates around zero and a lack of signals from Governor Kazuo Ueda that the currency's falls may quicken the timing of the next rate hike. BOJ watchers say while the central bank's quarterly report and comments from Ueda clearl...