Yen

Soft US retail sales data bolsters the case for Fed easing. US Treasury yields decline led by longer maturities. Yen gains against the US dollar while moves in other G10 currencies were modest

Soft US retail sales data bolsters the case for Fed easing. US Treasury yields decline led by longer maturities. Yen gains against the US dollar while moves in other G10 currencies were modest

Japan’s rock star leader now has the political backing to push a bold agenda. Will she deliver?

Japan’s rock star leader now has the political backing to push a bold agenda. Will she deliver?

Broadly weaker USD overnight. Strong rise in Japanese equities after PM Takaichi wins a strong mandate to govern. JPY recovers after early weakness

Broadly weaker USD overnight. Strong rise in Japanese equities after PM Takaichi wins a strong mandate to govern. JPY recovers after early weakness

Roger J Kerr says the markets are struggling to draw clearcut conclusions on whether US inflation and employment are going higher or lower

Roger J Kerr says the markets are struggling to draw clearcut conclusions on whether US inflation and employment are going higher or lower

US equities rebound into the end of last week. US Treasury yields higher. US consumer sentiment improves but concerns remain about the labour market

US equities rebound into the end of last week. US Treasury yields higher. US consumer sentiment improves but concerns remain about the labour market

US equity markets were mixed, with a continued rotation out of technology stocks. US Treasuries stable with limited reaction to a firm services ISM. US dollar broadly stronger

US equity markets were mixed, with a continued rotation out of technology stocks. US Treasuries stable with limited reaction to a firm services ISM. US dollar broadly stronger

Lower tech stocks drive down US equities while investors rotate to value. Gold and silver prices recover strongly. RBA hikes as expected, supporting higher Australian rates and the AUD, with positive spillover into the NZD

Lower tech stocks drive down US equities while investors rotate to value. Gold and silver prices recover strongly. RBA hikes as expected, supporting higher Australian rates and the AUD, with positive spillover into the NZD

The US ISM manufacturing index makes a strong recovery. Markets settle after volatile open to the week; US Treasury yields push higher. Oil prices plunge nearly 5%

The US ISM manufacturing index makes a strong recovery. Markets settle after volatile open to the week; US Treasury yields push higher. Oil prices plunge nearly 5%

Roger J Kerr says to some degree, the Warsh appointment does alleviate worries that the Fed’s independence from political interference would be compromised through Trump’s choice of the new Chair

Roger J Kerr says to some degree, the Warsh appointment does alleviate worries that the Fed’s independence from political interference would be compromised through Trump’s choice of the new Chair

Markets digest Kevin Warsh’s nomination as Fed chair. US dollar advances. Treasury curve steeper and S&P closes lower. Extreme volatility in precious metals continues

Markets digest Kevin Warsh’s nomination as Fed chair. US dollar advances. Treasury curve steeper and S&P closes lower. Extreme volatility in precious metals continues

US equities fall on concerns about spending on AI infrastructure. Oil prices underpinned after Trump threats against Iran. Precious metals volatile

US equities fall on concerns about spending on AI infrastructure. Oil prices underpinned after Trump threats against Iran. Precious metals volatile

Following Trump's championing of a weaker US dollar, Bessent reaffirms the US "strong dollar" policy and it is absolutely not intervening in dollar-yen markets. RBA set to hike after high CPI inflation data

Following Trump's championing of a weaker US dollar, Bessent reaffirms the US "strong dollar" policy and it is absolutely not intervening in dollar-yen markets. RBA set to hike after high CPI inflation data

US dollar remains under pressure. The euro reached multi-year highs while the NZD is back above 60 USc. US consumer confidence subdued. US labour market indicators are weak

US dollar remains under pressure. The euro reached multi-year highs while the NZD is back above 60 USc. US consumer confidence subdued. US labour market indicators are weak

Follow-through in currency markets after Friday's "price checks" on yen. Coordinated action between Japan and NY Fed raised speculation that a weaker USD is part of the plan alongside reducing speculative selling in the yen

Follow-through in currency markets after Friday's "price checks" on yen. Coordinated action between Japan and NY Fed raised speculation that a weaker USD is part of the plan alongside reducing speculative selling in the yen

Roger J Kerr says the RBNZ should have foreseen 'a much stronger economy and high inflation.' He is also watching the 'sell America' trade, chances of yen intervention, and the pressure piling up on the RBA

Roger J Kerr says the RBNZ should have foreseen 'a much stronger economy and high inflation.' He is also watching the 'sell America' trade, chances of yen intervention, and the pressure piling up on the RBA