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USD/JPY flirts with 109.00 on mildly bid S&P 500 Futures


5/24/2021 12:53:43 AM GMT
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By Anil Panchal
USD/JPY extends Friday’s recovery moves, recently bounced off intraday low.
Market sentiment remains mixed amid covid, reflation woes and geopolitical headlines.
Japan prepares to extend virus-led emergency, begins large-scale vaccinations.
Fedspeak, BOJ’s Kuroda will be in the spotlight.
USD/JPY picks up bids to 108.95 during the second consecutive positive day, up 0.07% intraday, amid an initial Tokyo trading on Monday. The yen pair benefited from the broad US dollar moves on Friday but the latest strength seems to take clues from the S&P 500 Futures, also ignoring mixed risk catalysts.
S&P 500 Futures print 0.20% intraday gains, reversing the early Asian session losses, whereas Japan’s Nikkei 225 rises 0.66% on a day as Yoshihidi Suga-led government begins large-scale vaccinations in Tokyo and Osaka. It should, however, be noted that the chatters surroundi ....

United States , Robert Kaplan , Haruhiko Kuroda , Yoshihidi Suga Led , Dallas Fed President Robert , ஒன்றுபட்டது மாநிலங்களில் , ராபர்ட் கபிலன் , டல்லாஸ் ஊட்டி ப்ரெஸிடெஂட் ராபர்ட் ,

LIVE MARKETS-Switzerland, Italy and Spain win Europe's Q1 earnings beats contest


With French presidential elections due in April 2022, it may sound premature to start
worrying about potential adverse outcomes of the vote. But some investors are already flagging
this as a potential risk.
And given that French bonds are underperforming (for various reasons obviously), keeping an
eye on the political landscape in the euro zone s No. 2 economy may be worth it.
Breaking the ice on what could the vote mean for markets is a note from Goldman Sachs.
Listed here are its main takeaways:
Current polling points to a decisive second-round vote between Emmanuel Macron and Marine
Le Pen
the
EU. ....

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