Taiwan stocks regain their composure, Taiwan dollar depreciates but then rises!It temporarily closed at 32.63 yuan at noon, slightly up 0.6 cents – Liberty Finance
Taiwan stocks regain their composure, Taiwan dollar depreciates but then rises! It temporarily closed at 32.63 yuan at noon, rising slightly by 0.6 cents (photo by reporter Chen Meiying) [Reporter Chen Meiying/Taipei Report]As the situation in the Middle East temporarily eased, Taiwanese stocks rebounded along with US stocks today. TSMC led the way, driving the […]
Expectation of Japanese interest rate hike… Securities market: “Korean exchange rate impact is minimal”
Provided by Pixabay. The market is predicting that the Bank of Japan will raise the base interest rate for the first time in 17 years. Some predict that if Japan’s interest rates rise, Mrs. Watanabe, who had been abroad, will return, but domestic market experts say, “Even if interest rates are raised, the impact on […]
What are the obstacles to the Bank of Japan’s first interest rate hike in 17 years?
Enlarge image Attention is focused on whether Japan’s negative interest rates will be lifted for the first time in 17 years. The photo is in front of the Bank of Japan building in Tokyo, Japan. Photo = Reuters The Bank of Japan will hold a two-day financial policy decision meeting on the 18th and 19th […]
US Dollar Index Recovers Slightly from 5-Month Low, Market Anticipates Fed Rate Cuts in 2024
The US dollar index rose slightly on Friday (29th), recovering from a five-month low in the last two trading days of 2023. The weekly and quarterly lines are still closing in the black, and recorded the worst annual performance since 2020 , as the market expects the Federal Reserve to start cutting interest rates next […]
Baht Fluctuates Within Narrow Range: Dollar Strengthens Against Yen
The baht fluctuated within a narrow range, and the dollar strengthened against the yen. After the Bank of Japan decided to maintain monetary policy as before. Tomorrow’s Movement Framework is expected to start at 34.80-35.10 baht per dollar. The baht closed at 34.98 baht per dollar. Stable near yesterday’s market closing level of 35.00 baht […]
Bank of Japan’s Concerns over Weak Consumption and Future Policy Changes
Bank of Japan Faces Growing Concerns Over Weak Consumption Recent Comments by BOJ President Misinterpreted by Markets Recent weak consumption trends have raised new concerns for policymakers at the Bank of Japan (BoJ), indicating that market expectations for an imminent interest rate hike may be exaggerated. Reuters reported Friday, citing sources familiar with the matter. […]
Yen Plummets During Bank of Japan Meeting as Taiwan Dollar Fluctuates: Geopolitical Risks and Market Uncertainty Spark Volatility
Yen Plunges as Geopolitical Tensions Rise During Bank of Japan Meeting By Chen Meiying/Taipei In the midst of escalating geopolitical risks, the Japanese yen experienced a sharp decline during the Bank of Japan meeting, dropping below 150 to 1 US dollar at one point. This downward trend had a ripple effect on Taiwan’s stock market […]
Stock markets fall as US Treasury yields continue to rise
The KOSPI index closed at 2,508.13, experiencing a 0.27% decrease. The decline can be attributed to the sharp rise in government bond yields, causing concerns about prolonged tightening by the Federal Reserve. Additionally, major European countries’ stock markets fell due to interest rate decisions. The KOSPI index fell below 2,500 and started at 2,491.45. After […]
KOSPI Rebounds Slightly as Investors Await FOMC Meeting Results
Stock markets around the world experienced mixed results on [Date]. The KOSPI index closed slightly higher at 2,559.74, a marginal increase of 0.02%. This was attributed to a rebound in the index after three consecutive days of decline. Market participants adopted a cautious approach ahead of the results of the US Federal Open Market Committee […]
Former Bank of Japan Board Member Highlights Conditions for Exiting Accommodative Monetary Policy
Former Bank of Japan advisory board member, Tsuyoshi Kataoka, suggested on Thursday that the central bank will only be able to exit its accommodative monetary policy if it consistently meets its 2% inflation target. Speaking at the Reuters Global Markets Forum, Kataoka emphasized the importance of successful wage negotiations in the spring of 2024 to […]
