Category: Eyed
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2024 bull run in home stretch, China ‘data dump’ eyed
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Written by Jamie MacGyver (Reuters) – A look at the day ahead in Asian markets. Asia begins the final full trading week of 2024 with the monthly ‘China data dump’ falling on Monday, and with investors leaning towards keeping the stock market uptrend going as central banks around the world…
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China inflation eyed, global political uncertainty bubbling up
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Written by Jamie MacGyver (Reuters) – A look at the day ahead in Asian markets. Attention turns to China on Monday and the release of November inflation data, with global investors broadly optimistic as a sustained rally on Wall Street continues but is tempered by an increasingly volatile geopolitical backdrop.…
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US dollar edges up to two month highs as Fed, CPI eyed By Reuters
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Written by Alden Bentley NEW YORK/LONDON (Reuters) – The U.S. dollar rose on Wednesday ahead of the release of records of the Federal Reserve’s decision in September to cut interest rates by 50 basis points, reflecting confidence that the central bank will not continue to ease aggressively. Concerns about demand…
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Yen choppy after BOJ hikes, Aussie struggles as RBA cuts eyed By Reuters
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Written by Ray Wee SINGAPORE (Reuters) – The yen swung between gains and losses on Wednesday after the Bank of Japan raised interest rates at the end of its two-day policy meeting and unveiled a detailed plan to scale back its massive bond-buying programme. The yen rose about 0.8% to…
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Asia FX steadies as dollar dips after Powell comments; yen intervention eyed By Investing.com
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Most Asian currencies were steady on Wednesday, tracking some weakness in the dollar overnight after Federal Reserve Chairman Jerome Powell signaled progress toward lowering inflation. The Japanese yen remained fragile and at its weakest level in 38 years, with the focus squarely on possible government intervention in the currency market.…
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Dollar up slightly after consumer sentiment data, CPI eyed By Reuters
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Written by Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose on Friday after a reading on U.S. consumer sentiment as investors sorted through a batch of comments from Federal Reserve officials, with focus beginning to shift toward key inflation readings next week. The dollar pared its declines and turned…