Today is Thu, September 29, 2016 9:48:40 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook
Home » Currencies » JPY

OPEC Agreement in Principle

The big news in markets this morning is that OPEC has agreed to a preliminary deal to cut production. After endless hours of discussion in Algeria, OPEC reached a consensus that a reduction in oil production is necessary. Market share continues to be the contentious issue despite OPEC’s member countries agreeing on a production limit […]

Bonds, Stocks and Dollar Wary of Trump/Clinton Debate

Five things the markets are talking about Investors’ focus now shifts to the U.S presidential race, which begins this evening (Sept 26, Oct 9 and 19) at Hofstra University, Hempstead, NY at 9pm EDT. Up to this point, the various asset classes have not really being weighing in on the election outcome, but today should […]

The Great Debate

As we enter the new week, Central Bank Policy qualm has significantly reduced for now. However, the US election risk hovers on the horizon for markets with the first general election debate of the 2016 presidential campaign set for tonight.  Given the highly polarizing and politically divisive cast of characters, could the drama be any […]

NZD: Kiwi’s Wings Get Clipped

The New Zealand Dollar has had a difficult end to the week. Being heavily sold against most of its major counterparts. However, the longer term charts and underlying macro situation mean the picture is not as clear-cut as it seems. New Zealand has been somewhat of a darling recently. A purring economy, an excellent rugby […]

Volatility Compressed, Yield Curves Flatten, Dollar Hangs In

Five things the markets are talking about It’s no surprise to see volatility compressed for a second day and sovereign yield curve flatten as markets and investors process this week’s central banks (FOMC and BoJ) ripple and settle on a coin toss for a December Fed hike. With the Fed on the fence, much of […]

Fed: Everything is Improving, Hence We Lower Growth Forecasts

Five things the markets are talking about Can we shout deja vu loud enough? The Fed came with the same story, just inserted different figures and months. Chair Yellen and company left rates unchanged yesterday, but pointed to an increased likelihood of a hike in November or December – if they don’t, their credibility is […]

BOJ UNCHANGED: Passes the buck to the Fed

The Bank of Japan has left rates unchanged at -0.1 % with the option of cutting rates further in the future. Overall it has changed some operations within its policy, but the general feeling is one of fiddling with the details as opposed to any substantive new policies. Among the changes are, TO BUY JGBS […]

FX Ready and Waiting for the Fed

Five things the markets are talking about The focus shifts to the Fed now that the BoJ has scrapped their monetary base framework in favor of “Yield-Curve Control.” Only time will tell if Kuroda’s new shift in policy will be a success. It seems that Japanese policy makers are hoping that the Fed will be […]

It’s Kickoff Time !

Traders have been patiently waiting for the next 24 hours to unfold which should be chalk filled with high-risk events with BOJ ,FED &RBNZ rate decisions not to mention the much-anticipated speech from the new RBA Governor  Phillip Lowe.  However, it does feel that expectations are low heading into this round of CB meetings and […]

Dollar Needs Fed and BoJ Guidance

Five things the markets are talking about U.S retail sales and industrial production data yesterday supports the case that the Fed is not going to tighten next week, with many remaining sceptical whether the Fed could pull the trigger at all this year. According to fed fund futures it’s a coin toss for the December […]

Certain about Uncertainty

Overnight, US economic data disappointed as retail sales fell for second consecutive month, nudging the December US interest rate hike probability to fall below 50%. The focus now shifts to tonight CPI which could have a significant impact on rate hike expectations, even more so in the wake of the tepid Retails Sales print. A benign […]

U.S Data to Influence Fed Hike Chances

Five things the markets are talking about Capital markets are unusually keyed into Fed decisions and for as long as they remain so, investors should be expecting pockets of volatility to be somewhat plentiful ahead of next week’s FOMC rate announcement (Sept 20-21). But, that is next week, now, the market has a few other […]

Capital Markets Takes a Breather

Five things the markets are talking about This week’s price action in capital markets would suggest that many investors are beginning to lose faith that G7 central bank action will help boost growth. For some, it’s the lack of clarity from the Fed on rate normalization that is causing various degrees of capitulation amongst the […]

Top trade idea for September 14th, 2016 – NZD/JPY

The New Zealand dollar has shown relative strength again today and the commodity currency could push further higher unless the country’s GDP comes out below expectations this evening (or Thursday morning NZ time). The New Zealand economy is expected to have expanded by a solid 1.1% in the second quarter compared to 0.7% in the […]

Complex Equation Unfolds

Despite limited moves in Asia Market yesterday, one could cut the tension on APAC trading desks with a knife as dealers were busy rethinking strategies within this complex Central calculus. As expected, yesterday’s Brainard bounce in Bond and Equity sentiment was short lived as both markets sold off again overnight, but adding to the equity […]

Risk Intensifies as Central Banks Threaten to Turn Off Taps

Five things the markets are talking about September trade has finally ushered in some volatility. This month, the market has and will be focusing on Tier 1 central banks for direction (to come BoE, SNB, BoJ and Fed). To date, despite the “lower for longer” mantra across the board, it’s been the rhetoric that’s managed […]

US Rate Hike Jitters Grip Markets

Markets in SGD, IDR, MYR  are closed for a holiday Today US Rate Hike Jitters Grip Markets  We could be on the verge of a powerful concurrence of factors as volatility takes grip. Traders have been quick to price in worst case scenario as interest rate rise jitter start taking hold and has resulted in […]

Brainard Rules the Day ?

While the primary focus overnight was the ECB’s latest musing and in summation, the Governing Council dispirited some in the market by not announcing an extension of QE. Also, while this explains some of the risks of price action, at the end of the day, it could be an unanticipated announcement that Fed member, Lael […]

ECB: Draghi to Disappoint

Five things the markets are talking about Today is D-day for the European Central Bank (ECB). Market consensus does not expect euro policy makers to deliver a new round of stimulus this morning. Nevertheless, officials are expected to release a new raft of economic forecasts, which should help provide the market with further clues on […]

Complex Conundrum

The market has turned into a consolidative mode with the Key ECB rate decision on tap later this evening. For the most part, markets were quiet with European equities mirroring the movements in crude oil prices, which continued to rebound. Fed members Williams and Lacker took to the airwaves expounding their case for a September […]

Powered by DayLife