Tag Archives: interest rate hikes

Markets are eagerly awaiting September’s Consumer Price Index (CPI) report, with the Bureau of Labor Statistics set to release the report on Thursday. The unexpected rise in September’s Producer Price Index (PPI) has heightened anticipation for the upcoming Consumer Inflation Index, especially with the Federal Open Market Committee (FOMC) meeting …

USD/JPY gained 0.20% on the day, rising above 149.00. The US PPI from September accelerated, beating expectations. The trajectory of the pair is determined by the dovish stance of the Bank of Japan (BoJ). Later in the session, markets will monitor the Federal Open Market Committee (FOMC) minutes from the …

Japan’s Nikkei index closed at its highest level in two weeks on Wednesday, as shares of chip manufacturers led a rally on bets that the US Federal Reserve would pursue more accommodative monetary policies. The Nikkei index, which is dominated by technology companies, ended Wednesday 0.6 percent higher at 31,936.51 …

Japan’s Nikkei index recorded its largest daily gain in nine months on Tuesday, led by energy-related stocks, in light of the extension of risk appetite from Wall Street and investors’ eagerness to snap up declining stocks. The Nikkei closed up 2.43 percent at 31,746.53 points, recording its largest daily gain …

During the third quarter, the Japanese yen faced continued losses against the U.S. dollar, driven by the differing monetary approaches of the Bank of Japan and the Federal Reserve. The Federal Reserve, aiming to restore price stability, aggressively raised borrowing costs, leading to the highest benchmark rate since 2002 and …

The safe-haven dollar and Japanese yen rose on Monday after violence in the Middle East spooked markets, while a strong US jobs report gave the greenback a bigger boost. The appetite for risk declined after Israeli forces clashed with gunmen from the Palestinian Hamas movement at the beginning of the …

The Nikkei index closed lower on Friday, weighed down by a decline in technology stocks, as investors awaited the US jobs report later in the day for signs of whether the Federal Reserve will change course on interest rates. The Nikkei index fell 0.26 percent to 30,994.67 points. The index …

The Nikkei index snapped a five-day losing streak, recording on Thursday the largest single-day percentage jump in three months, with US Treasury yields declining from their highest levels in 16 years and investors buying stocks that fell. The Nikkei index rose 1.80 percent at the close, recording 31,075.36 points. On …

On Wednesday, the Japanese yen fell slightly against the dollar after its unexpected rise in the previous session, which raised speculation that the Japanese authorities intervened to support the currency. The Japanese currency fell slightly to 149.12 to the dollar in early Asian trading, after jumping about two percent during …

Japan’s Nikkei index fell to its lowest level in four months on Tuesday, with rising US Treasury yields weighing on investor sentiment and the Federal Reserve’s pledge to prolong fiscal tightening. The Nikkei index extended its losses in the afternoon, falling to 31,157.40 for the first time since June 1, …