News
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JP Morgan drops December rate-cut forecast on strong US jobs report
Nov 21 (Reuters) - J.P. Morgan mirrored Morgan Stanley in withdrawing its forecast for a 25-basis-point Federal Reserve rate cut in December following a stronger-than-expected US jobs report. In a note released late Thursday, the Wall Street brokerage said it still expects the next rate cuts to occu...Reuters
Fri, Nov 21
Japan’s Takaichi says will fund package with new bond issuance if higher tax revenue not enough
Japan’s Prime Minister Sanae Takaichi said on Friday that the government is prepared to issue new bonds to help fund the latest stimulus package if stronger tax revenues fall short but emphasized that overall JGB issuance will still be smaller than last year’s total.Fxstreet
Fri, Nov 21
Japan’s cabinet approves 21.3 trillion yen economic stimulus package — Reuters
Japanese Prime Minister Sanae Takaichi's cabinet approved a 21.3 trillion yen ($135.40 billion) economic stimulus plan, Reuters reported on Friday. This is the first significant policy initiative under the new leader, who has promised to pursue expansionary fiscal policies.
Fxstreet
Fri, Nov 21
Australian Dollar gains ground following S&P Global PMI data
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday after two days of losses. The AUD/USD pair gains ground following the preliminary reading of Australia's S&P Global Purchasing Managers Index (PMI).
Fxstreet
Fri, Nov 21
Japan’s Katayama: Debt ratio to fall slightly as government and BoJ work toward stable inflation
Japan's Finance Minister Satsuki Katayama said on Friday that the government expects the country’s debt-to-GDP ratio to fall slightly from last year’s level, even after compiling an extra budget to finance its latest stimulus package.Fxstreet
Fri, Nov 21
Japan exports unexpectedly strong in October as US tariff impact slows
October exports +3.6% yr/yr vs forecast +1.1%Imports +0.7% yr/yr vs forecast -0.7%US-bound shipments down 3.1% yr/yrBy Makiko Yamazaki and Leika Kihara TOKYO, Nov 21 (Reuters) - Japan's exports rose more than expected in October for a second straight monthly gain, government data showed on Fr...Reuters
Fri, Nov 21
BoJ's Ueda says weak Japanese Yen pushes up import prices, factor in higher CPI
Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that the Japanense Yen (JPY) weakness is increasingly feeding into import costs and consumer inflation, adding that currency swings have a bigger impact than in the past.Fxstreet
Fri, Nov 21
US posts solid job growth in September, but unemployment rate rises
WASHINGTON, Nov 20 (Reuters) - U.S. employment growth accelerated in September, but the labor market remained sluggish and failed to keep pace with new job-seekers as employers dealt with fallout from import tariffs and integrated artificial intelligence into some positions.Reuters
Fri, Nov 21
Japan factory activity down for fifth month in November, PMI shows
TOKYO, Nov 21 (Reuters) - Japan's manufacturing activity contracted for a fifth month in November, albeit at a slower pace than in the previous month due to a softer decline in output, a private-sector survey showed on Thursday.The S&P Global flash Japan Manufacturing Purchasing Managers'...Reuters
Fri, Nov 21
'Stale' September jobs data is mixed news for a divided Fed
Nov 20 (Reuters) - The U.S. economy added more jobs than expected in September, but a rise in the unemployment rate and downward revisions to prior months still presented an ambiguous picture for Federal Reserve officials mulling whether further interest rate cuts are needed to bolster the labor marReuters
Fri, Nov 21
Japan exports rise 3.6% year/year in October
TOKYO, Nov 21 (Reuters) - Japanese exports rose 3.6% year-on-year in October, up for a second straight month, data from the Ministry of Finance showed on Friday.The result compared with a 1.1% increase expected by economists in a Reuters poll.Imports grew 0.7% in October from a year earlier, versus ...Reuters
Thu, Nov 20
