Asia markets mixed as BOJ holds rates; focus on US PCE inflation data

Asia markets mixed as BOJ holds rates; focus on US PCE inflation data. Japan's yen hits weakest level in three decades as BOj keeps interest rate unchanged. Shanghai Composite extends winning streak to a third day. Investors now shifting focus to China's PMI data scheduled for release.

Japan's yen hits weakest level in three decades as BOJ keeps interest rate unchanged, as expected

Japan's yen hits weakest level in three decades as BOJ keeps interest rate unchanged, as expected. The Japanese yen weakened down to a fresh 34-year low past 156 to the dollar, breaching that level for the first time since May 1990. Bank of Japan held interest rates steady despite pressure from a sharply falling currency. The BOJ revised its inflation forecasts higher and said the economy will grow at a healthy pace.

Asia markets mixed tracking decline in global markets, investors focus on earnings

Asia markets mixed tracking decline in global markets, investors focus on earnings in China. Bank of Japan kicks off its two-day monetary policy meeting today. South Korea's economy expanded 3.4% in the first quarter from a year ago. In the U.S., all three major indexes ended little changed on Wednesday. The yen weakened to 34-year lows against the dollar.

Asia markets rise tracking global markets as strong corporate earnings boost sentiment

Asia markets rise tracking global markets as strong corporate earnings boost sentiment. U.S. Stock futures climb higher on Wednesday as investors react to corporate earnings reports. On Tuesday, all three major indexes in the US ended higher. Investors continue to monitor geopolitical developments in the Middle East.

Asia markets mostly rise tracking a tech-led rebound on Wall Street, focus on busy earnings week

Asia markets mostly rise tracking a tech-led rebound on Wall Street, focus on busy earnings week. Japan's yen hits new 34-year lows against the dollar. China created 3.03 million new urban jobs in the first quarter of 2024. In the U.S., on Monday, all three major indexes rebounded from their worst week of the year.

Japan's manufacturing activity close to expansion in April; services PMI rises to 11-month peak

Japan's manufacturing activity close to expansion in April; services PMI rises to 11-month peak. In Japan, data shows manufacturing activity neared stability in April, while services activity expanded the most in 11 months. Japan's Nikkei 225 rose 0.3% to 37,541 points on Tuesday.

Weekly Report: what happened at FXY last week (0415-0419)?

Asian markets mostly higher after China keeps lending rate unchanged

Asian markets mostly higher after China keeps lending rate unchanged in April. Japan's yen hovered 34-year lows around 154.7 per dollar. Indonesia's trade surplus increased to $4.47B in March 2024. U.S. Stock futures rose on Monday.

Dollar Dominance And The Ghosts Of 1997

Asian markets in red with a wave of risk-off sentiment

Jana's inflation ticks lower to 2.7%, meeting expectations

Asian equity markets rebound as investors shrug off another tech-led selloff on Wall Street

Asia markets mixed, mirroring global sentiment after Powell remarks

Japan’s trade balance swings to surplus in March as exports surges while imports decline

Asia markets in red tracking global stock selloff and despite strong GDP growth in China

Asia markets in red tracking global stock selloff and despite strong GDP growth in China. China's Q1 GDP expands 5.3% Y/Y, beats expectations. Retail sales rose more than expected in March, suggesting interest rates may stay steady. China reports air passenger numbers +37.7% in Q1 2024.

Weekly Report: what happened at FXY last week (0408-0412)?

Asia markets in red as tensions in the Middle East mounted after Iran attacked Israel

Asia markets in red as tensions in the Middle East mounted after Iran attacked Israel over the weekend. Japanese machinery orders beat expectations for February. China's People's Bank of China kept its lending rate at 2.5%. All three major Asian markets ended in red on Friday.

Where We Stand

Asia markets mixed ahead of trade data in China and bank earnings

Japan's industrial output falls more than initially anticipated to 0.6% in February

Japan's industrial output falls more than initially anticipated to 0.6% in February 2024. Japan's Nikkei 225 rose 0.31% to close at 39,564 on Friday. Yearly, industrial output fell by 3.9% in the fourth straight month of contraction.