The Latest Breaking News from BOJ

Japan's finance minister, BOJ chief to attend G20 gathering next week

Japan's finance minister and central bank governor will attend the upcoming G20 meeting. Policymakers will discuss the global economic fallout and the persistently weak yen. Financial markets are watching for potential meetings with U.S. Treasury Secretary Scott Bessent. The yen has shown some recovery after joint intervention but remains under…

The Economic Times · Aug 28

Fed, BOJ, AI Boom and Elections: What markets are watching next

As traders emerge from their holiday break, global markets brace for fluctuations. The ongoing geopolitical tensions keep energy prices in focus, while decisions from the Fed and BOJ will be scrutinized closely. Additionally, the rise of artificial intelligence valuations and potential fiscal challenges in Europe pose risks, compounded by the…

The Economic Times · Aug 28

Global Market: Tokyo core inflation accelerates, strengthening case for September BOJ rate hike

Tokyo’s core inflation accelerated for a third straight month in August, strengthening expectations that the Bank of Japan could raise interest rates in September. Core CPI rose 1.8% year-on-year, slightly above forecasts, while a measure excluding fresh food and fuel climbed to 2%, adding to rate-hike pressure.

The Economic Times · Aug 28

Dollar Supported by US Economic Strength

The dollar index (DXY00 ) rose by +0.24% on Wednesday. The dollar moved higher on Wednesday due to signs of strength in the US economy after July personal spending and income rose more than expected and Q2 personal consumption was revised upward. Higher bond yields on Wednesday also strengthened the...

Barchart · Aug 26

Dollar Rises on US Economic News

The dollar index (DXY00 ) is up by +0.23% today. The dollar is moving higher today on signs of strength in the US economy after July personal spending and income rose more than expected and Q2 personal consumption was revised upward. Higher bond yields today have also strengthened the dollar’s...

Barchart · Aug 26

S&P Futures Muted With Focus on U.S. PCE Inflation Data and Nvidia Earnings

September S&P 500 E-Mini futures (ESU26) are down -0.07% this morning as investors refrain from making big bets ahead of Nvidia’s earnings and the July reading of the Federal Reserve’s preferred inflation gauge.

Barchart · Aug 26

Global Market: Ueda’s Jackson Hole absence puts focus on BOJ’s September rate decision

Bank of Japan Governor Kazuo Ueda’s absence from the Jackson Hole meeting has shifted attention to BOJ board member Naoki Tamura and Deputy Governor Ryozo Himino for clues on monetary policy. Markets are increasingly pricing in a September rate hike, with economists expecting the BOJ to raise its policy rate…

The Economic Times · Aug 26

Dollar Slightly Lower on Strong Stocks and Weak Crude

The dollar index (DXY00 ) fell by -0.06% on Tuesday. The dollar gave up an early advance on Tuesday and posted modest losses on weaker-than-expected US economic news, including July new home sales and Aug consumer confidence. Also, Tuesday’s -3% plunge in WTI crude oil to a 1-week low lowered...

Barchart · Aug 25

Dollar Slips on Weaker-Than-Expected US Economic News

The dollar index (DXY00 ) is down by -0.04% today. The dollar gave up an early advance today and turned lower on weaker-than-expected US economic news, including July new home sales and Aug consumer confidence. Also, WTI crude oil plunged -3% to a 1-week low today, lowering inflation expectations and...

Barchart · Aug 25

Global Market: Japanese bond yields edge higher as US Treasury yields, oil prices rise

Japanese government bond yields edged higher on Tuesday, tracking a rise in US Treasury yields and recovering oil prices. Investors remained cautious ahead of key comments from Bank of Japan Deputy Governor Ryozo Himino and Federal Reserve Chairman Kevin Warsh, with markets seeking clues on the outlook for interest rates…

The Economic Times · Aug 25