No comment on short-term moves in market Need to look at actual data to see how tariff-induced inflation in the US negatively affects Japan’s exports Not yet at the point where higher tariffs are having that negative impact though Food price inflation would not have a big impact on underlying inflation but there is a […]
This is a follow-up analysis and an update of our prior publication, “USD/JPY Technical: Yen eyeing a medium-term bullish breakout against USD from a 5-month range”, published on 17 September 2025. The USD/JPY dropped further on Wednesday, 17 September 2025, with an initial intraday loss of -0.7% to print an intraday low of 145.48 before
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Yen staged a broad rebound today after the BoJ held rates steady at 0.50% but delivered a hawkish signal with two members dissenting in favor of a hike. The shift in the board underlined growing momentum toward policy normalization. At the same time, the Nikkei pulled back sharply from record highs reached earlier this week,
There are a couple of interesting things with regards to the BOJ decision today. The first that stands out is of course the vote on interest rates. Takata and Tamura dissented in favour of opting for a 25 bps rate hike, and that led to the 7-2 majority in keeping rates on hold. That’s a
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Asian currencies held steady against the dollar in early trade, with National Australia Bank’s Rodrigo Catril noting that risk appetite may provide support. He said markets have reassessed the Fed’s stance more positively, viewing Chair Powell’s “meeting by meeting” guidance as prudent. Overnight U.S. data pointed to labour market resilience and improving business sentiment, reinforcing
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Overall consumer prices in Japan were up 2.7 percent on year in August, the Ministry of Internal Affairs and Communications said on Friday. That was in line with expectations and down from 3.1 percent in July. On a seasonally adjusted monthly basis, inflation was up 0.1 percent for the second straight month. Core CPI, which
Foreign ownership of U.S. Treasuries hit a record $9.16 trillion in July, rising for a third straight month on strong purchases from Japan and the UK. Japan’s holdings climbed to $1.15 trillion, while UK holdings neared $900 billion. In contrast, China cut its exposure to $731 billion, the lowest since 2008, as it seeks to
Euro retreats as Powell signals cautious stance despite 25 bps Fed cut. US Jobless Claims dip and Philly Fed survey beats forecasts, reinforcing Dollar strength in post-FOMC trading. ECB officials strike a neutral tone, saying rates are appropriate, with balanced inflation risks but weaker growth outlook. EUR/USD retreats after reaching a yearly high above 1.1900
Log in to today’s North American session Market wrap for September 18 Today’s story was one of a FOMC rate decision that American Markets loved. Between a comeback in the US Dollar and Nasdaq rallying to new highs, traders loved the atmosphere. Tech stocks led the charge after the acquisition news that Nvidia had acquired
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If Stephen Miran gets his way and the Fed starts cutting 50 bps at every meeting, TIPS would get awfully attractive. The US just reopened 9-year, 10-month TIPS and sold them with a yield of 1.734% (plus inflation). That was a big tail of 4.6 basis points but comes after a significant rally in TIPS,
US indices are riding an intense wave of optimism following the Federal Reserve’s 25-bps rate cut, with the S&P 500, Nasdaq, and Dow Jones all pushing higher. (As I write this piece, some profit-taking might be into play, watch the daily highs for a further push). Nvidia (NVDA) sparked extra momentum after announcing it would
United States EIA Natural Gas Storage Change above expectations (80B) in September 12: Actual (90B) Source link
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