Japanese Finance Minister Katayama says in closer contact with US authorities on FX
Newsquawk Staff ·
Japanese Finance Minister Katayama says in closer contact with US authorities on FX.
What it means
The Japanese Finance Minister's statement about closer contact with US authorities on foreign exchange (FX) is significant as it suggests increased coordination on currency matters, potentially indicating concerns about yen stability. This could lead to market speculation on intervention or policy adjustments to stabilize the yen, impacting not just FX markets but also commodities and broader investor sentiment towards Japan's economic outlook. Traders should watch for any subsequent policy signals or market reactions in yen pairs and related assets.
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
- Ukrainian President Zelensky says Ukraine will not attack Russian ships carrying diesel for the US
Related headlines
- Japanese PM Takaichi says she has agreed with German Chancellor Merz to commence high-level AI dialogue4 hours ago
- [MARKET ANALYSIS] Crude grinds higher, Dutch TTF remains just under EUR 100/MWh, metals subdued 5 hours ago
- [MARKET ANALYSIS] Antipodeans diverge as AUD saw strong CPI and NZD slumped on a surprise RBNZ hold, DXY awaits the Fed5 hours ago
- Russian Deputy Foreign Minister Ryabkov says Russia remains in the preparatory phase for negotiations on Ukraine, TASS reports7 hours ago
- Israeli PM Netanyahu's bloc has 56 seats and opposition has 49 seats after 50.1% of votes were counted, according to Israel's Channel 128 hours ago
- Iran's Foreign Minister Araghchi says sustainable regional security requires collective responsibility, mutual respect for sovereignty and cooperation among regional countries without foreign military intervention9 hours ago
- Ukrainian President Zelensky says Western powers could eventually discuss Russia's demands for security guarantees, but insists Ukraine's own security needs must be addressed first4 hours ago
- Russian Deputy PM Novak says they are open to work with US partners on energy, but there are no current discussions around a return to specific projects4 hours ago
- Notable FX Option Expiries for today's NY cut: 28th October 20266 hours ago
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings41 min ago
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects1 hour ago
- [MARKET ANALYSIS] Contained, but a bearish skew, across fixed income into the UK Budget and FOMC5 hours ago
- Satellite imagery indicates significant damage to the main refining unit at Saudi Arabia's Ras Tanura (550k BPD) refinery following a strike by Yemeni armed forces, leaving the unit inoperable, Fars reports2 hours ago
- Qatar has not presented a new proposal to end hostilities between Iran and the US, Reuters reports, citing a senior Iranian official; Tehran's policy of showing no flexibility over the nuclear issue remains unchanged4 hours ago
- UK OBR forecasts GDP growth slowing from 1.25% in 2026 to 1.0% in 2027, while CPI inflation is expected to reach 3.5% in 2027 (vs prev. 2% seen in March)1 hour ago