Yen Watchers Face Double Whammy of BOJ, Election Uncertainty
Yen traders are on edge for the risk of renewed volatility in the currency as uncertainty over the nation’s snap election grows with a Bank of Japan meeting approaching next week.
Yen traders are on edge for the risk of renewed volatility in the currency as uncertainty over the nation’s snap election grows with a Bank of Japan meeting approaching next week.
Canada’s PM Mark Carney praised a renewed partnership with China’s Xi Jinping during a four-day visit to China. (Source: Bloomberg)
The record-breaking stock rally gained fresh momentum as concerns about overheating in the technology sector eased after the blowout results from a chip bellwether.
Metals fell at the end of a dramatic week, as news of a Chinese clampdown down on high-frequency trading cooled sentiment after frenzied activity in mainland futures that fueled global price gains.
Global credit markets are running at their hottest in two decades, prompting some of the world’s biggest money managers including Aberdeen Investments and Pimco to warn against complacency.
China Vanke Co.’s bonds extended their rally, a day after the distressed developer unveiled sweetened proposals to extend payments on some notes, potentially easing the risk of an imminent default.
As the world flocks to Davos, the host country ponders a population cap
Poland may return to interest rate cuts next month with a quarter-point reduction as prospects for continued low inflation improve, according to Monetary Policy Council member Ludwik Kotecki.
Japanese Prime Minister Sanae Takaichi and Italian Prime Minister Giorgia Meloni agreed to work together on critical mineral supply and elevate their relationship to a new level.