[MARKET UPDATE] JPY strength seen with USD/JPY at a fresh session low as BoJ's Ueda comments on preliminary wage information
The recent comments from BoJ's Ueda regarding preliminary wage data appear to be boosting the JPY, driving USD/JPY to a fresh session low.
PBoC is to continue implementing moderately accommodative monetary policy
China's Commerce Ministry, on proposed US-China board of trade and investment, says both sides agreed in Paris to study a framework
[MARKET UPDATE] JPY strength seen with USD/JPY at a fresh session low as BoJ's Ueda comments on preliminary wage information
[MARKET UPDATE] European gas prices surge over 25% following the Qatar LNG plant attack
[MARKET UPDATE] European gas benchmarks see upside of c. 30% QatarEnergy confirmed Ras Laffan Industrial City had been subjected to missile attacks
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 strength in the yen may signal market participants are pricing in potential implications for future monetary policy, particularly if wage growth suggests inflation could rise, influencing the BoJ's stance.
Related headlines
- [MARKET UPDATE] Dovish reaction as Fed's Waller leans towards hold in September, albeit very much data dependent; T-notes, stocks and gold move higher with the dollar sold; Pricing is back to 50/50 for hold/hike3 hours ago
- [MARKET UPDATE] Gradual strength in the crude complex has put pressure on the fixed income space, with US equity futures also moving a touch lower; action which lacks a clear driver6 hours ago
- [MARKET UPATE] Further JPY strength with EUR/JPY below 182, USD/JPY beneath 157 to a 156.63 base, surpassing 7th August low9 hours ago
- [MARKET UPDATE] Yen strength continues with USD/JPY below 157.50, EUR/JPY below 183.00 - no headline driver but traders cite increased BoJ hike bets10 hours ago
- [MARKET UPDATE] USD/JPY under pressure, falling below 159.00; no driver behind the move1 day ago
- [MARKET UPDATE] Energy downside benefits yields as both move to session lows following remarks from US officials and commentary from Saudi Arabia1 day ago
- [MARKET UPDATE] Bond yields resume upward price action as crude prices remain elevated; major news flow light in recent trade1 day ago
- [MARKET UPDATE] US equity and fixed income futures see a modest dip in recent trade despite a lack of fresh newsflow; NQ now below 29k1 day ago
- [MARKET UPDATE] USD/JPY continues to extend lower, and falls towards a 159.55 trough, but lacks a clear driver1 day ago
- User reports indicate possible problems with Amazon (AMZN) Web Services in the US, according to Down Detector1 hour ago
- Cloudflare (NET) reportedly facing issues on certain custom domains1 hour ago
- BoE's Pill explains why he supported raising bank rate to 4% in recent MPC meetings; argues that clear, prompt and decisive policy action and communication would help steer markets, reduce uncertainty and support monetary policy transmission1 hour ago
- US ISM Services PMI (Aug) 55.4 vs. Exp. 54.3 (Prev. 54.1)2 hours ago
- Fed Governor Waller (Voter) says with CPI and PPI in hand, have a pretty accurate view of PCE inflation4 hours ago
- Fed's Waller (voter) to support holding policy rate steady at September FOMC meeting if August inflation data shows continued progress4 hours ago
- US Initial Jobless Claims (Aug/29) 206.0K vs. Exp. 205K (Prev. 204.0K)4 hours ago
- US Continuing Jobless Claims (Aug/22) 1779.0K (Prev. 1771.0K)4 hours ago
- US Jobless Claims 4-week Average (Aug/29) 207.25K (Prev. 205.75K)4 hours ago
- Houthis have launched a large-scale offensive on all fronts along the western coast, according to Sky News Arabia, citing Yemeni military sources 6 hours ago
- ECB's Schnabel could leave her role at the ECB before her term ends to move to the IMF, Handelsblatt reports6 hours ago
The whole workspace, free to try.
Try it free