Tag Archives: Euro

The yen stabilized on Wednesday after jumping nearly 4 percent in the previous session when the Bank of Japan unexpectedly revised one of its key policies, giving government bond yields an opportunity to rise. The Bank of Japan revised its yield curve control policy on Tuesday while leaving its broader …

Yields on Japanese government bonds rose and the Nikkei fell on Wednesday after the Japanese central bank surprised the markets on Tuesday with a change in its policy to control the yield curve. The benchmark 10-year government bond yield jumped seven basis points to 0.480%, its highest since July 2015 …

European stocks fell on Tuesday, dragged down by declines in real estate and technology stocks, after Japan’s central bank rattled global markets with a sudden policy shift that would allow long-term interest rates to rise further. The pan-European Stoxx 600 index was down 0.9 percent by 0808 GMT, its lowest …

The Japanese Nikkei index ended trading on Tuesday at its lowest level in two months, and the yield on government bonds for ten years recorded the highest rise in seven years, after the central bank surprised investors by allowing a hike in long-term interest rates. The Nikkei fell 2.46 percent …

European stocks rose on Monday, supported by energy companies, after a heavy sell-off last week sparked by growing recession fears as major central banks pledged more interest rate hikes in the future. The pan-European Stoxx 600 index was up 0.5 percent by 0805 GMT. On Friday, the index recorded its …

Japan’s Nikkei index ended Monday’s trading at a six-week low, tracing the impact of Wall Street’s decline in the previous session, while bank stocks rose on speculation of an interest rate hike in the country. The Nikkei fell 1.05 percent to close at 27,237.64 points, its lowest level since November …

The yen climbed on Monday on news that the Japanese government could soon revise a joint statement with the Bank of Japan (BOJ) over the latter’s inflation target, potentially paving the way for a tweak in the BOJ’s ultra-loose monetary policy. The yen was last 0.4% stronger at 136.19 per …

The dollar stabilized on Friday after rising in the previous session, as traders analyzed a raft of central banks’ interest rate hikes and the possibility of continuing to raise borrowing costs for an extended period. And the euro settled against the dollar at 1.063 dollars. This came after falling 0.5 …

European stocks fell on Friday, heading for a weekly loss, after major central banks pledged to raise interest rates further to counter inflation, raising concerns about a global economic slowdown next year. The European Stoxx 600 index fell 0.2 percent to a new low, the lowest in a month, at …

Japan’s Nikkei index closed at its lowest level in more than a month on Friday, tracing sharp declines on Wall Street overnight, as major central bank decisions to raise interest rates stoked fears of an economic slowdown. The Nikkei closed down by 1.87 percent, recording 27,527.12 points, the lowest closing …