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...
South Korean media, Yonhap, with the report that South Korea fired warning shots at a North Korean vessel that crossed the NLL. The Northern Limit Line ( NLL) is a maritime demarcation line...
Markets:Gold up $27 to $1654US 10-year yields down 1 bps to 4.22%WTI crude oil up 48-cents to $84.99S&P 500 up 88 points to 3754JPY and AUD lead, USD lagsThis week had it all...
The US session started with the UK PM Truss announcing here resignation. The resignation became increasingly expected and ended the shortest term ever for a UK PM. The previous shortest term was George...
Markets:Gold down $3 to $1625US 10-year yields up 1.7 bps to 4.14%WTI crude oil up 43-cents to $85.98S&P 500 futures down 25 points to 3695USD leads, NZD lagsFor the second day, US earnings...
The US rates moved sharply higher in trading today pushed even more on the back of a clunker of a 20 year auction. The last six 20 year auctions had come in with...
