[MARKET UPDATE] Mixed start to Asia-Pac trade with Japanese markets pressured amid a firmer currency after PM Takaichi's intervention warning, while conditions are quieter on Monday with Australian and Indian markets closed for holiday
The mixed start in Asia-Pac trade suggests uncertainty, particularly as Japanese markets face downward pressure from a strengthening yen following PM Takaichi's intervention warning.
S-Oil Corp (010950 KS) Q4 (KRW) 424bln (exp. 435bln), rev. 8.79tln (exp. 8.60tln)
Japanese top FX diplomat Mimura continues to decline to comment on FX intervention and can't comment on talk of rate checks, but says they are keeping in close contact with the US on FX
[MARKET UPDATE] Mixed start to Asia-Pac trade with Japanese markets pressured amid a firmer currency after PM Takaichi's intervention warning, while conditions are quieter on Monday with Australian and Indian markets closed for holiday
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Japanese PM Takaichi warned that the government is ready to take action against speculative moves amid a weakening currency and surge in bond yields
Japanese Finance Minister Katayama declined to comment on a report on Friday regarding the New York Fed conducting USD/JPY rate checks
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 may signal heightened sensitivity to currency movements, impacting broader forex dynamics, while market activity remains subdued due to holidays in Australia and India.
Related headlines
- Newsquawk European Market Wrap - 11th September 20262 days ago
- Trump removes 50% tariff on bulk Canadian whisky and liquers, effective September 15th2 days ago
- US EQUITY OPEN: US indices reverse initial CPI losses2 days ago
- Daily US Equity Opening News: ORCL gains on earnings and FY guidance beat; ADBE weighed by slight Q4 revenue miss; SMR downgraded2 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS LOWER AT 106-03+1 day ago
- Russian senior diplomat Ushakov says President Putin and Indian PM Modi discussed Ukraine during talks in New Delhi2 days ago
- US FX WRAP: Dollar sees two-way action, but initially firms on hotter-than-expected core M/M print1 day ago
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL1 day ago
- US President Trump reiterates USD 5k payment to all US adults will happen 1 day ago
- Saudi Crown Prince MBS has personally urged President Trump to launch military strikes against Houthi forces in Yemen amid their rapid advance along the Red Sea coast, reports to CBS citing sources2 days ago
- US President Trump reiterates that Iran will never possess a nuclear weapon2 days ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- Saudi Arabia has signaled a potential willingness to launch a major unilateral military operation against the Houthis, though Riyadh has not yet reached a final decision, according to ABC1 day ago
- A high-ranking Iranian security and political source told Al Mayadeen that contrary to claims and intimidation tactics, US President Trump is seeking to return to negotiations with Iran2 days ago
- Germany is developing a pharmaceutical pricing proposal for the Trump administration in an effort to avert potential US tariffs on German goods, reports Politico citing sources2 days ago
- Fed court reportedly blocks Trump order to keep Michigan coal plant open2 days ago
- Newsquawk Weekly Economic Calendar - 13th-18th September 20262 days ago
- [MARKET UPDATE] Action seen after US CPI has reversed, with XAU above pre-data levels, USD under pressure while fixed income and equity futures have entirely reversed the move and are extending to the upside2 days ago
The whole workspace, free to try.
Try it free