Monthly Archives: May 2024
41654156156Japan’s Long-term Treasury Yield Surge
Written on May 14, 2024 at 6:02 am, by 王建军
Market Summary In the most recent trading session, asset classes remained largely unchanged as markets awaited key U.S. inflation data. The Producer Price Index (PPI) is set for release today, followed by the Consumer Price Index (CPI) tomorrow. These figures are critical as they could influence the Federal Reserve’s monetary policy. In the stock andContinue Reading
USD/JPY Sees Strongest Demand Amid Fading “Yentervention”
Written on May 14, 2024 at 2:13 am, by 王建军
Fundamental Analysis * Yentervention Fade: USD/JPY surged above the 156.00 mark, with markets digesting recent declines in the Japanese Yen (JPY) attributed to two presumed interventions by the Bank of Japan (BoJ) in late April and early May. The BoJ has not publicly acknowledged these interventions, opting not to confirm or deny involvement in globalContinue Reading
BoJ Trim Bond Buying Amid Weakening Yen
Written on May 13, 2024 at 5:18 am, by 王建军
Market Summary On Friday, the U.S. dollar remained stagnant after being affected by positive initial jobless claims data, which hinted at an easing job market and potential measures from the Fed to curb inflation. U.S. equity markets continued their upward trajectory in anticipation of a more accommodative monetary policy from the Fed in the nearContinue Reading
