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...
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...
NZ inflation and the responses (read from the bottom up for the chronology):Other:
The
interest early in the session was on the New Zealand Q3 inflation
data. It came in on a rocket higher, way above...
