Global risks to keep BOJ from adjusting yield cap next year – executive

BOJ must eventually ditch YCC, move to zero-rate policy – Momma Wage, economic strength key to when BOJ ends current policy US recession risk likely to keep BOJ from acting next year TOKYO, Nov 24 (Reuters) – Growing risks of a global economic slowdown will likely prevent the Bank of Japan (BOJ) from phasing out … Read more

Oil edges lower on China demand pressures; market awaits US inflation data

MELBOURNE, Nov 10 (Reuters) – Oil extended losses on Thursday for a fourth consecutive session, as renewed COVID curbs in China, the world’s biggest crude importer, weighed on the market and traders await US inflation data for clues on further interest rate increases. Brent crude futures fell 41 cents, or 0.4%, to $92.24 a barrel … Read more

Analysis: Will they or won’t they? Japan uses guessing game to shore up yen

Govt declines to confirm intervention except for Sept. 22 foray Stealth intervention likely to be Japan’s new norm – sources MOF declines to comment on if it intervened on Monday Stealth action better than nothing but only buys time – analyst TOKYO, Oct 24 (Reuters) – Japanese authorities are relying heavily on psychological tactics to … Read more

Japan’s foreign reserves drop by record on market shakeout, FX intervention

Japan foreign reserves down for two straight months Japan’s $1,238 trillion reserves second largest after China Drop in reserves comes after last month’s FX intervention Authorities mum on speculation about selling US Treasuries TOKYO, Oct 7 (Reuters) – Japan’s foreign reserves fell by a record $54 billion in September, official data showed on Friday, as … Read more

Analysis: Under water: how the Bank of England threw markets a lifeline

Bank of England bought bonds after pension fund pleas Some UK pension funds faced problematic margin calls BoE support seen as giving window to build collateral British government’s unfunded tax plan spooked markets LONDON/NEW YORK, Oct 2 (Reuters) – Calls to the Bank of England saying some British pension funds were struggling to meet margin … Read more

World stock markets rally, treasury yields fall on inflation data

US consumer spending increases, rise in inflation slows Wall Street rallies, snaps weekly losing streak Treasury yields fall Brent oil rises $2 NEW YORK, May 27 (Reuters) – Global markets enjoyed a broad-based rally on Friday, while the yield on benchmark US Treasuries fell after data showed that US consumer spending rose in April and … Read more

Global shares fall on fears of global economic slowdown

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 12, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe down over 2%, US equity futures struggle Dollar hits 2yr highs, accelerates … Read more

Dollar dips, US stocks tumble on inflation concerns

A broker looks at a graph on his computer screen on the dealing floor at ICAP in London, Britain January 3, 2018. REUTERS/Simon Dawson Register now for FREE unlimited access to register World stock index off, eyes weakest month since March 2020 US stocks weighed down by inflation, Amazon earnings Dollar dips on the … Read more

Le Pen shrugs off ‘doom-mongering’ by markets over Sunday’s election

Presidential election’s first round on Sunday Far right’s Le Pen narrowing gap on Macron Risk premium on French bonds rises Purchasing power is a top concern for voters PARIS, April 7 (Reuters) – French far-right candidate Marine Le Pen shrugged off market jitters triggered by her good ratings ahead of Sunday’s first round of the … Read more

Investors brace for volatility as West moves to cut Russia off from SWIFT

NEW YORK/LONDON Feb 26 (Reuters) – Investors were preparing on Saturday for more wild gyrations in asset prices after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine, including blocking some banks from the SWIFT international payments system . New measures announced by the United States, Britain, Europe … Read more