The
Wall Street Journal had a piece over the weekend from Nick Timiraos,
who has gained a reputation as a Federal Reserve ‘insider’.
Timiraos wrote suggesting higher rates from the Federal Open Market
Committee (FOMC), rates...
The
financial results from AMZN after the US regular hours close saw the
shares trashed on a disappointing outlook. AAPL shares were hit soon
after despite beats on revenue and EPS.
The
data focus for the session...
The
Bank of Japan is meeting later this week, the statement is due on
Friday. Today the Bank bought more JGBs than they planned across the
maturities curve. There is persistent chatter that the BOJ will
abandon...
The
big news out of the Asian timezone today was the Bank of Japan
intervention to sell USD/JPY. Estimates of the amount of selling
ranged from USD30bn to USD50bn. The BoJ has to sell its foreign
reserves...
Japanese Yen, USD/JPY, Bank of Japan, Sentiment, Technical Outlook – Talking PointsAsia-Pacific stocks face headwinds from higher Treasury yields to close the weekJapanese inflation data in focus as heavy volume of options trades...