Market Outlook

U.S. equity futures remained flat on Friday, while the dollar weakened and Treasury yields dipped after a three-day climb. A renewed strength in the yen is now posing a challenge to the full recovery of risk appetite, which had been shaken by last week’s global market meltdown. This comes on the heels of a more optimistic U.S. jobless claims report, […]

Global markets are recalibrating amid uncertainty over central bank rate paths following a tumultuous week marked by policy decisions that have left investors on edge. The dollar weakened against major currencies, including the yen. A Thursday summary of opinions from the Bank of Japan’s recent meeting, where rates were raised, revealed divergent views among members—one pinpointing the

Global markets surged while the yen tumbled more than 2% against the dollar after Bank of Japan Deputy Governor Shinichi Uchida pledged not to raise interest rates amid unstable markets. Uchida’s dovish stance came in response to significant financial market volatility in Japan, reassuring investors that the BoJ would maintain its accommodative monetary policy. In the U.S.,

Global markets experienced a sharp rebound today following an intense three-day selloff driven by speculation about an imminent US recession, the unwinding of artificial intelligence euphoria, and a surging yen causing a reversal of carry trades. The market reaction on Monday was extreme, with U.S. Treasury yields dropping to as low as 3.67% before being pushed

A global stocks selloff deepened on Monday as mounting concerns grew that the Federal Reserve might be lagging in providing adequate policy support for a slowing US economy, prompting investors to seek refuge in bonds. Friday’s data revealed that US nonfarm payrolls recorded one of the weakest figures since the pandemic, while the unemployment rate unexpectedly climbed

US Treasuries extended their rally, with the policy-sensitive two-year yields hitting a 14-month low, as market expectations for Federal Reserve rate cuts intensified following Wednesday’s decision. Swaps traders now anticipate three rate cuts this year, up from two previously. The broader risk-off sentiment was driven by data revealing that US weekly unemployment claims reached a near one-year

US equity futures surged on Thursday following the Federal Reserve’s indication of a potential rate cut in September. This development comes as the Bank of Japan (BOJ) Governor Kazuo Ueda announced the possibility of further rate increases, contingent on the central bank’s inflation forecasts. The yen hit 148.51 against the dollar, its highest level since

This week, markets are poised for pivotal monetary policy decisions from the Federal Reserve, Bank of Japan (BOJ), and Bank of England (BOE), alongside crucial economic data from the Eurozone, including GDP and CPI figures. Yen Weakens Amid BOJ Speculation The yen weakened against all its Group-of-10 peers as the BOJ began its two-day meeting,

Global markets brace for significant monetary policy decisions this week from Japan, the US, and the UK, following the yen’s recent surge fueled by expectations of a rate hike from the Bank of Japan (BOJ). Yen Strengthens on Tightening Bets The yen advanced against all its Group of 10 peers on Monday, driven by speculation

Traders are weighing signs of a resilient U.S. economy against increasing calls for quicker rate cuts from the Federal Reserve. The swaps market is currently pricing in the first rate cut for September. Economic growth in the second quarter exceeded forecasts, showcasing that demand remains robust despite higher borrowing costs. A key measure of underlying inflation rose