In a notable development, inflation in Tokyo dipped below the 2% threshold for the first time in over eighteen months, showcasing a more pronounced deceleration than initially anticipated. The recently disclosed minutes from the Bank of Japan’s meeting, held on Friday, revealed that board members are deliberating the robustness of price growth and the optimal […]

The 10-year sovereign yield in Japan experienced a notable uptick, exceeding 10 basis points, following comments made by Governor Kazuo Ueda on Tuesday. The Governor’s statements were perceived as hawkish by traders, triggering a temporary surge in yields. This development coincided with a strengthening trend observed in the Japanese yen across various currency pairs. Despite

Amidst a turbulent start to the year, market focus is centered on speculation surrounding potential rate cuts by the Federal Reserve and the sustained momentum in artificial intelligence, seen as a driving force behind continued profit growth. Early trading in Asia witnessed minimal movement in Treasuries, with 10-year yields sliding two basis points to 4.10%

Asian markets experienced a downward shift from earlier highs as apprehension regarding China’s economic struggles weighed on the nation’s equities. Chinese commercial lenders maintained their benchmark lending rates, aligning with the central bank’s recent decision to refrain from cutting borrowing costs. On the flip side, the S&P 500 achieved a record high on Friday, marking

Asian markets faced a downturn as fresh data intensified worries about the state of China’s economy, leading investors to scale back expectations of interest rate cuts by the Federal Reserve. The decline ensued after official figures revealed that while China achieved its 2023 economic target, the country’s housing market continued to deteriorate, and domestic demand

In a notable surge, the US dollar reached a one-month high, propelled by a rise in Treasury yields following hawkish remarks from European Central Bank (ECB) officials pushing back against expectations of early and substantial rate cuts. Gold, in response, experienced a decline, accompanied by a broad-based decrease in Treasury prices as the market resumed

In the aftermath of heightened expectations that the Federal Reserve will implement interest rate cuts, Asian and European markets predominantly experienced gains. Traders, reacting to a surprising decline in U.S. producer prices on Friday, further solidified their beliefs that the Fed will opt for lower borrowing costs in the coming months. As the new week

In response to the recent escalation of geopolitical tensions, the dollar experienced a dip, indicating that global traders remained relatively unfazed by the developments. On Friday, Treasuries saw a slight decline after the 10-year yield had fallen six basis points the day before. Federal Reserve Bank of Cleveland President, Loretta Mester, expressed resistance to the

In the upcoming monthly report on US consumer prices, expected today, analysts anticipate another soft inflation reading, attributed in part to ongoing declines in the goods sector. The core consumer price index (CPI), excluding food and energy, is projected to have risen by a modest 0.2% in December. This aligns with the objectives of Federal

Investor caution prevailed, and broader market sentiment remained subdued as anticipation built for crucial US inflation data, marking a shift from earlier expectations of an imminent Fed rate cut after the start of the new year. In Asia trading, Treasury 10-year yields and the dollar held steady, while the yen faced continued weakness against the