Japanese Yen Latest – USD/JPY Stable as Japanese Rate Hike Bets Pushed Back
The Bank of Japan is expected to leave interest rates untouched at the next two policy meetings despite and future policy needs to be ‘conducted carefully’ according to the BoJ
Dovish BoJ Comments Stabilise Markets for Now, USD/JPY Rises
The recent USD/JPY sell-off found short-term support after BoJ Deputy Governor Uchida downplayed another rate hike during volatile market conditions
Global Sell-off Takes a Breather – USD/JPY and ADU/JPY in Focus
The unravelling of the carry trade has amplified USD/JPY selling while markets look to AUD/JPY as a helpful gauge of risk sentiment
Gold Remains Rangebound, Silver is Weak; Technical and Sentiment Analysis
Gold continues to trade in a multi-month range despite Monday’s sharp sell-off, while silver slips lower, but a longer-term bullish pattern remains in place
Nasdaq 100 and Nikkei 225 Suffer Huge Losses, while Dow Heads Lower
Global indices are suffering more heavy losses, and the Nasdaq 100 is expected to start the day around 900 points lower
Risk Gauges Flash Red: VIX, Stocks, Bonds, USD and the Japanese Yen
Risk assets are getting pummeled, especially in Asia at the start of the new week. Numerous macroeconomic factors have aligned to force a shift towards traditional safe havens
Sharp Rise in US Unemployment Rate Amplifies September Rate Cut Odds
Disappointing job additions and a shock rise in unemployment in July have piled on the pressure for the Fed. Expectations of a 50-basis point cut in September gain traction
Nasdaq 100, Dow and Dax all see Sharp Losses
Indices tumbled on Thursday, as poor tech earnings and the prospect of a widening Middle East conflict hit risk appetite
Bank of England Narrowly Votes for 25-Bps Cut – GBP, Gilts Little Changed
The Bank of England cut rates but the decision was a fine one. Inflation is expected to remain above 2% as the committee focuses on potential second round effects on inflation
FTSE 100 and S&P 500 higher, but Nikkei 225 drops back
While the FTSE 100 and S&P 500 have powered higher, the Nikkei 225 has given back its gains from the aftermath of the Bank of Japan decision.