Tokyo Stock Market: Nikkei Closes 60.54 Points Positive | RYT9
The Tokyo Stock Exchange Nikkei closed slightly higher today as tech stocks rallied. While most investors are waiting to see the results of the Federal Reserve’s interest rate resolution (Fed) tomorrow morning in Thai time. Kyodo News Agency reported that The Nikkei Index closed at 27,715.75, up 60.54, or +0.22%. Today’s gains were led by […]
Column: Euro falls near US dollar equivalent, deepening worries ECB | Reuters
[London 12th Reuters BREAKINGVIEWS]–It seems that the possibility that the euro will fall below parity against the dollar is gradually increasing. In fact, falling below 1 euro = 1 dollar would be a symbolic milestone for those who have observed the history of the single currency euro. It seems likely that the euro will fall […]
US consumer spending rises 0.2% in May Inflation rises 0.6% | Reuters
[Washington, 30th Reuters]–The US Department of Commerce announced on May 30 that consumer spending (PCE) in May increased by 0.2% from the previous month. April was revised downward from the previous announcement (up 0.9%) to an increase of 0.6%. The May market forecast was up 0.4%. Private consumption accounts for more than two-thirds of America’s […]
US Fed “Unconditionally” Commits to Inflation Response = Monetary Policy Report | Reuters
The Federal Reserve Board (FRB) announced on June 17 in a semi-annual monetary policy report to Congress that it would take a firm stand against inflation, which is hurting US households. Photo taken by Chair Powell in Washington on March 3 (2022 Reuters) [Reuters]–The Federal Reserve Board (FRB) announced on the 17th in a semi-annual […]
Rapid yen appreciation, risk off due to unexpected rate hike by Swiss central bank | Reuters
On June 16th, the yen is rapidly appreciating in the foreign exchange market in the evening of Japan time. The photo shows dollar and yen banknotes, taken on the 16th (2022 Reuters) [Tokyo 16th Reuters]–The yen is rapidly appreciating in the foreign exchange market in the evening of Japan time. The dollar / yen pair […]
Focus: US employment remains strong in May, Fed’s 50bp rate hike policy remains unchanged | Reuters
[Washington, 3rd Reuters]–The US non-farm payrolls increased by 390,000 from the previous month in May, and wages were still strong, so interest rates were raised by 50 basis points (bp) in a row in June and July. It did not urge the Federal Reserve Board (FRB), which is about to move to, to correct its […]
50bp rate hike in September if US inflation doesn’t fall = Cleveland Fed President | Reuters
On June 3, Fed Governor Mester said he could slow the pace of tightening from a 50 basis point (bp) rate hike that Federal Reserve officials said would take place in June and July. He said he needed convincing evidence that inflation had peaked. The photo is of the FRB in Washington, March 2019 (2022 […]
Focus: Japanese stocks have not had a “bad yen depreciation”, it is dangerous when the dollar remains strong | Reuters
[Tokyo 6th Reuters]–The correlation between the recent depreciation of the yen and Japanese stocks is not clear at this time. Even in the market, the merits and demerits of the depreciation of the yen against the Japanese economy are divided, and it is almost neutral as a material for stock prices. Looking at Japanese stocks […]
Focus: Yen depreciation for the first time in 20 years, market with less caution against foreign exchange intervention If the BOJ policy revision is effective | Reuters
[Tokyo 13th Reuters]–The dollar / yen pair rose to the 126 yen level on the 13th for the first time in about 20 years. Japanese authorities have intervened to buy the yen as a means of stopping the depreciation of the yen, which has fallen to the level since May 2002, but the market is […]
Column: “Bad yen depreciation”, is there any way to prevent the progress in Japan = Mr. Daisaku Ueno | Reuters
[Tokyo 29th]–The rapid flow of dollar appreciation and yen depreciation does not stop. On March 28, the dollar / yen exchange rate temporarily reached 125.09 yen, the highest in about 6 years and 7 months since August 2015. On March 29, the rapid flow of dollar appreciation and yen depreciation will not stop. The photo […]
