Global shares edge up as investors await U.S. inflation data and yen tumbles on central bank policy talk. Stay updated on market trends and currency movements.
Global stocks retreat as Chinese markets rally, euro steady ahead of ECB meeting. Chinese blue-chips surge while European equities and US stock futures decline. Investors await ECB monetary policy decision and guidance on rate cuts from President Lagarde. Nokia's positive earnings offset by pressure on financials and healthcare sectors. Tesla shares drop following an earnings miss. German government bond yields rise, US Treasury yields remain unchanged. Dollar faces pressure as investors take profits, leading to gains in the euro. BNY Mellon strategist expresses confidence in Chinese market stability. Brent crude futures rise. Yen remains steady after a one-day rally against dollar. Global markets await ECB decision and monitor economic indicators and central bank communications.
Investors flock to yen as Japan hints at the end of ultra-low interest rates. BOJ policy hints spark optimism, leading to surge in buyers and rise in currency value. Expectations for a stronger 2024 yen.
Discover the latest forex market trends as the yen weakens on talks of a policy shift by the Bank of Japan, while the dollar gains on inflation expectations.
Asian markets cautious as Chinese economic data disappoints. Investors watch earnings season & Fed rates. Weaker US dollar, gold & oil influenced by macro factors.