News
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USD/JPY: Political risks are still present – OCBC
USD/JPY was a touch softer amid pullback in UST yields while Japan wages continue to rise (4.1% y/y vs. 3% expected). The rise in wages remain consistent with Governor Ueda’s comments and this keeps hopes for policy normalisation alive.Fxstreet
Fri, Sep 5
EMERGING MARKETS-Fed-cut fever lifts EM stocks; Turkey slides to worst week since Imamoglu detention
EM stocks up 1%, FX up 0.1%Thailand's Anutin Charnvirakul elected PM by parliament26 nations vow to give Ukraine postwar security guaranteesBy Pranav Kashyap and Twesha Dikshit Sept 5 (Reuters) - Emerging market stocks headed for weekly gains on Friday as investors doubled down on expectation...Reuters
Fri, Sep 5
FOREX-Dollar slides as bond markets stabilise, jobs data looms
Yen gains after Japan-US trade deal lowers auto tariffsTraders expect near-100% chance of Fed rate cut this monthTrump's Fed nominee vows independence from political pressureBy Rocky Swift and Lucy Raitano TOKYO/LONDON, Sept 5 (Reuters) - The dollar declined versus major peers on Friday, trim...Reuters
Fri, Sep 5
Japan's Ishiba may face leadership challenge on Monday
Ruling party to vote Monday on holding leadership raceMarkets see strong chance of race, costing Ishiba his jobLeadership change could bring looser fiscal policyPolitical uncertainty complicates BOJ's rate-hike timingIshiba says he plans to compile economic package this autumnBy Leika Kihara ...Reuters
Fri, Sep 5
Japan PM Ishiba says he plans to compile economic package this autumn
TOKYO, Sept 5 (Reuters) - Japanese Prime Minister Shigeru Ishiba said on Friday that he planned to compile a package of economic measures this autumn while keeping a close eye on the potential impact of new U.S. tariffs.Reuters
Fri, Sep 5
Pound Sterling gains as UK monthly Retail Sales beat estimates
The Pound Sterling (GBP) attracts bids against its peers on Friday after the release of the upbeat United Kingdom (UK) Retail Sales data for July. The Office for National Statistics (ONS) reported that Retail Sales, a key measure of consumer spending, surprisingly grew at a faster pace of 0.6% on a
Fxstreet
Fri, Sep 5
GBP/JPY pulls back below 199.50 despite bright UK consumption figures
The British Pound has pulled back from intra-day highs around 199.70 against the Japanese Yen, returning to levels right below 199.50despite the stronger-than-expected UK Retail Sales figures released earlier on the day.Retail Consumption rose at a 0.6% pace in the UK in August, according to data re
Fxstreet
Fri, Sep 5
Putin says Russia's budget deficit can be increased due to low debt
VLADIVOSTOK, Russia, Sept 5 (Reuters) - Russia has room to increase its budget deficit because its debt burden remains low, President Vladimir Putin said at an economic forum in Russia's Far Eastern city of Vladivostok on Friday. He noted that budget expenditures are rising, driven by military s...Reuters
Fri, Sep 5
