Nikkei sinks over 2% as yen surges, KOSPI slumps 4% on chip selloffUBS forecasts gold at $5,200 by June 2027 despite near-term pullback riskReserve Bank of Indi...
Monday's session highlights two distinct but simultaneously unfolding regional risk stories. In Tokyo, the confirmed joint US-Japan intervention has driven a sh...
UBS's near-term caution reflects a market still digesting the risk of further Fed rate increases, which would keep real yields elevated and the opportunity cost...
A hold from the RBI, in line with 68 of 72 economists surveyed by Reuters, would keep India as a notable outlier among emerging and developed market peers that ...
The slowdown to a four-month low of 50.9 signals moderating but still-positive momentum in China's private manufacturing sector, a more nuanced picture than out...
I'll have more to come on this separately, details etc.Earlier:Weekend - Beijing to accelerate existing infrastructure spending, not new stimulus---The RatingDo...
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this. Earlier:Weekend - Beijing to accelerate existing inf...
Friday's confirmed joint intervention appears to be doing double duty, supporting the yen directly while also pushing Japanese short-dated yields to fresh highs...
The strength of Japan's manufacturing data, with output growth at its fastest since February 2014 and new orders rising at the quickest pace since January 2022,...
USD/yuan took a hit alongside USD/JPY in Friday's intervention.---The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (...
Mimura's framing of the joint intervention as the culmination of a longstanding currency alliance reinforces the narrative of durable, structural cooperation ra...
JP Morgan's analysis introduces a meaningful caveat to the recent show of unity between Washington and Tokyo on yen intervention: the US simply does not have de...