BoJ official says April Y/Y increase in wholesale prices was the largest since May 2023
Wholesale prices in Japan recorded their largest year-on-year increase since May 2023, indicating potential upward pressure on inflation.
Anthropic agrees terms of USD 30bln funding deal at a USD 900bln valuation, according to FT
PBoC is expected to set USD/CNY mid-point at 6.7976 (prev. 6.8401)
BoJ official says April Y/Y increase in wholesale prices was the largest since May 2023
[MARKET UPDATE] Mostly positive start to Asia-Pac trade following the gains on Wall St, where tech outperformed and sentiment was underpinned amid constructive headlines from the Trump-Xi summit
USTR Greer says had a lot of successes in rebalancing trade with China and we expect to see an agreement for double-digit billions of dollars of agricultural sales to China coming out of the summit
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This development could influence the Bank of Japan's policy stance, particularly if it indicates a sustained trend, which may affect interest rate expectations and the JPY's value in the markets.
Related headlines
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight5 hours ago
- Newsqawk European Market Wrap - 9th September 20267 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 7 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent12 hours ago
- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports8 hours ago
- Israeli army artillery bombarded the northern parts of the village of Taranja near the outskirts of Quneitra, reports Tasnim1 hour ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened12 hours ago
- [MARKET UPDATE]: Yields rise, supporting the Dollar, weighing on stocks and spot gold after US Treasury announces it will buy a maximum USD 6bln in 10-20yr liquidity support buyback op. on Thursday6 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election2 hours ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer2 hours ago
- Swiss Government has banned the purchase and import of gold originating in Sudan5 hours ago
- Primer: US to sell USD 39bln of 10-year notes at 18:00BST/13:00 EDT4 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL2 hours ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"5 hours ago
- Silver Lake is reportedly to merge Cegid and Silae to form a European Co. selling accounting, HR and enterprise services, FT reports citing sources11 hours ago
- Primer: US PPI due Thursday 10th September at 13:30BST/08:30EDT1 hour ago
- Trump admin official says buyback increase of part of ongoing approach, reports Fox Business5 hours ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement12 hours ago
- [MARKET UPDATE] Fresh lows across fixed income and equity futures as energy prices continue to climb; Brent Nov remains north of USD 100/bbl11 hours ago
- Pakistani Ambassador says they believe that a better understanding will soon be achieved between the US and Iran, reports ISNA2 hours ago
The whole workspace, free to try.
Try it free