Bank of Japan Select Committee meets. And the markets are sniffing the air of a change of direction on rates. Warren Buffet's lunge is not isolated: here's what can happen
Second day of strong increases for the Japanese stock market driven by Shinzo Abe's electoral victory. The yen loses share against the dollar and favors exports.
The Bank of Japan does not change monetary policy - The yen rises and penalizes export-linked stocks - Negative Asian stock exchanges in Tokyo's wake - China at two speeds.
The share of the yuan (renminbi) in payment transactions in the world increased in August to 2,79% in value against 2,76% of the yen - In first place the dollar ahead of the euro and the pound.
The single European currency also slipped further against the yen, quoted at 130,88, ie at its lowest level for about a year and a half (September 2013).
The yen strengthened again against the dollar, to 117,7 while the euro dropped back below 1,13 to 1,127 - Oil is heading towards new lows
In the currency field, the yen is close to yesterday's levels (118,1 against the dollar), while the euro, which had fallen sharply after the victory of Syriza in Greece, regained ground for the second day and 1,134.
Asian performance could have been even better were it not for the -2% Shanghai Composite, which remains volatile after last year's fantastic rally.
Tsipras' victory in Greece unnerves Asian markets - Euro dropped to 11-year low against dollar this morning
The Shanghai index gains more than 3 percentage points on the wake of unemployment data in China in 2014: the rate is at 5,1%
The yen has begun to weaken again, exceeding 118 against the dollar - The euro remains at yesterday's low levels (1,155 against the dollar) still awaiting, with bated breath, the ECB's decisions.
Gold continues to be strong, and stands at $1277/ounce - Crude oil is fluctuating, and the latest quotation sees it at $48,4/b WTI (Brent still below 50, at 49,8).
Markets in Asia opened under the sign of nervousness, with the yen - having returned to its role as a safe-haven currency - strengthening against the dollar to 117,2
Slight decline in the euro exchange rate, which goes to 1,185 against the dollar, as well as in the yen (118.7) - The uncertainty that hovers in the markets favors gold, which climbs to 1236 $/ounce.
Wall Street futures do not signal rebounds - The euro recovered slightly, to 1,196 dollars, while gold benefited from the crisis atmosphere and exceeded 1.200 again.
Against the greenback, the euro falls to 1,205, its lowest level since June 2010 - The yen is still above 120 against the dollar, which gains on practically all Asian currencies.
The Japanese currency rises against the dollar after the Abe government's decision to reduce the corporate tax - The price of WTI crude oil reaches $53,6/b - Brent at 57,1.
The strength of the dollar pushes both the yen (which passes 120) and the euro (to 1,222) downwards - Gold is also affected by the good health of the greenback, and falls to 1179 $/ounce.
The Chinese Stock Exchange, which also kept its prices high yesterday, is correcting slightly, while the Nikkei has benefited from a modest depreciation of the yen
The yen strengthened sharply to 117,2 against the dollar, contributing to the poor performance of the Nikkei
The dollar rises against everyone and especially against the Indonesian rupiah and against the Australian dollar - The euro is slightly weaker, at 1,24.
Markets at their lowest level in six weeks - The dollar loses a little against both the yen (118,3) and the euro (1,244).
The equity markets, in addition to the events in Beijing, are also worried about a possible return of the Greek crisis - In China, data on domestic prices raise fears of deflation.
The dollar strengthens significantly against the yen and against the euro - The American currency sets its maximum for over 2 and a half years against the euro - Record also in the exchange with the yen - The Japanese currency suffers the cut…
Sharp slowdown in Japanese stocks - The yen regained strength and the drop in crude oil prices weighed on the performance of energy.
A contribution to the calm climate was given by the Chinese central bank, which intervened by injecting liquidity, and thus confirming the expansive stance of monetary policy.
The dollar strengthens against the yen and gold (which drops to 1179 $/ounce) but not against the euro, which rises to 1,255 in the early Japanese afternoon.
The euro is slightly stronger, at 1,252 dollars, and, against the yen, reaches its highest level in six years (146,9).
In the third quarter, the Japanese GDP recorded -0,4% compared to April-June and even -1,6% on an annual basis - The weakness, however, is anomalous.
Tokyo up, Shanghai down: profit taking on the eve of the inauguration of the Hong Kong connection - The Chinese index has risen by 17% this year.
Premier Xi Jinping gave an optimistic and relaxing speech at the APEC, detailing how much the growth of the Chinese economy will support the world economy
The confirmation of the stability of the US economy has given wings to the dollar, which exceeds 115 against the yen and brings the euro down to 1,238.
The Japanese central bank will increase the monetary base by another 10 trillion to 20 trillion yen a year, to about 80 trillion yen (equal to 583 billion euros), also expanding the asset purchase program - The 2-year inflation target % In the…
Indeed, according to a Reuters survey, after the yen regained ground at 106, expectations that the US Fed will postpone the interest rate hike could generate new weakness in the yen.
The Nikkei closes up 3,84%, Topix +4% - The positive performance of Wall Street in the wake of the macro data released on Friday in the US and the weakness of the yen, which…
The yen was up 0,2% to 108.65 against the US dollar after a day off for Japanese stocks - Conflicting data on the global manufacturing front and US plans to limit corporate agreements…
INTESA SANPAOLO REPORT - The less the Fed wants to signal the approaching of the first rate hike, the greater the probability that the euro-dollar exchange rate will reappear at 1,30 - The pound is slowly recovering - After a…
In China, consumer prices recorded a dynamic of 2% on the year in August: a slowdown that suggests a weakening of demand which in turn - the markets believe - will push support measures, monetary and…
Stock markets were supported by the strong dollar, with the yen at its lowest since October 2008 against the greenback - The market was also driven by the leap in Softbank shares (+4,5%) in view of the debut on Wall…
Fourth day of backsliding for Asian markets and index is at lowest level since Aug. 14 - Analysts however see market situation as consolidating after recent rallies
The yen is back above 105 against the dollar, recovering the levels of two days ago - The equity markets have preferred to forfeit the profits of the recent rise.
The Japanese currency approached 105 against the dollar (it hits 104,8 towards the end of the day) and Tokyo rose sharply: the Nikkei gained 1,4% and the Topix 1,2%.
Putin's reassuring statements on the Ukrainian conflict are taken with a certain amount of skepticism, but for the moment they have eased the markets' worries - Investors have so shifted their attention to the trend of profits, that they have reserved surprises…
SUMMER FINANCIAL SCENARIOS with the opinions of Gianluca Verzelli (Banca Akros), Paolo Balice (Aiaf), Antonio Tognoli (Integrae Sim) and Claudia Segre (Assiom Forex) - The crisis of the Portuguese bank leads to prudence and to remain liquid after a long rally…
The euro depreciated slightly, just below 1,36 while the yen strengthened again to 101,25 against the dollar. Gold maintains its gains – it has been closing up for five weeks now – and stands at $1338/ounce. Oil earns something,…
Forecasts of a less distant rise in US rates strengthened the dollar, which stands at 1,358 against the euro and 102,1 against the yen - Gold also fell, to 1317 $/ounce and oil is stable at Friday's levels,…
The euro moved slightly, at 1,344, while gold is still losing ground at 1268 dollars/ounce - Oil is little changed, at 106,4 $/b (WTI) - New York stock futures are slightly positive.
The shadow of the diversification of the stocks of the public pension fund, which contemplates purchases of non-Japanese bonds and shares, is extending over the yen, despite the good stability of these days.
The central bank also improved its forecast of capital expenditure (capex) - Governor Haruhiko Kuroda reiterated his optimism on the possibility of hitting the target of 2% inflation within a year.
At the end of trading, the Nikkei index of leading stocks rose 0,25% to 14,199.59 points, while the broader Topix gained 0,47% to 1.165,51 points.
The Nikkei closed down 2,93%, at 14.033,45 points - The Topix index stopped at 1.152,01 points, recording a drop of 2,58% - The negative closure also weighed on Japanese stocks of Wall Street, where…
Euro strengthened to 1,386 as confirmation of fourth cut in Fed's monetary stimulus nears - Yen stable at around 102,5. Hedge funds have been wrong for the second time on the change of…
The market was weighed down by Wall Street losses and a series of disappointing corporate estimates - Meanwhile, tensions in Ukraine pushed the yen higher, even as trading volumes remain low.
Gold has once again passed the threshold of 1300 $/ounce and reaches 1304, while black Wti oil registers 191 $/b, 109,8 for Brent - The euro is stable at 1,382 against the dollar and the yen has strengthened slightly , to 102,2.
Asian markets rallied on a day when US equities made their longest positive run since last October and the yen extended losses, improving the outlook for Japanese exporters.
The main causes of the decline are two: the negative influence of Wall Street and the recovery of the yen against the dollar - Brokers however believe that the securities will recover quickly due to speculation on the new monetary measures to come
Emerging market currencies and commodities also fell, as a renewed sell-off in US tech stocks showed weakening demand for risky assets.
The increase in the monetary base will continue to travel at the rate of 60-70 trillion yen a year - The Nikkei index of the Tokyo Stock Exchange closed down by 1,36%, at 14.606,88 points - They weighed on the market also the losses on…
Exports and the tourist industry are in heavy decline in South Korea, and the reason is to be found in the weakness of the Japanese currency against the won.
Asian stocks continued to advance, leading the regional index to its longest-lasting rally so far - The yen traded a two-month low, while the South Korean won gained sixth…
The Topix index, which includes companies with more than 1.700 employees, closed up 0,41% - The dollar was worth around 102,20 yen at the close while the euro was trading at 14i yen.
Ukraine Crisis Triggers Investors' Typical Defensive Tools and Drives Demand on Japanese and Swiss Currencies - Yen climbs to its highest level in over a month against the dollar and the Swiss franc…
The upward revision of world growth (first by the World Bank and soon by the IMF) is comforting the markets and the dollar has strengthened against both the yen (104,7) and the euro (1,362).
Time to take profits on Asian stock markets, with the MSCI Asia Pacific index marking a drop of 1% - The yen and gold rebound, after the strong depreciation in recent times.
It was since 1972 that the Japanese stock exchange hadn't recorded a gain as substantial as the one with which it is preparing to close 2013: around 50% depending on the index chosen.
The good closure of Wall Street and a reduction in short rates in China comforted equity markets in Asia - The new record depreciation of the yen, which exceeded its level during the session, also helped…
The euro is stable against the dollar, at 1,368 and strengthens against the yen at 143,4: the highest exchange rate since September 2008 (the month of Lehman Brothers) - Oil, which 'feels' conditions favorable to growth, is approaching share 100
The euro remains above 1,38 dollars on the markets of the Old Continent, after having reached a new high for two years at 1,3832 - The European currency changes hands at 1,381 dollars, while the exchange rate with the yen per euro…
Also noteworthy was the rally in the currencies of Malaysia and New Zealand - The Malaysian ringgit advanced for the second day in a row and the kiwi currency, which had recovered the day before from its biggest slide since last August, recovered
The Topix lost 1,52%, to 1.195,98 points - Above all, the new weakness of the dollar against the yen, which hit exporting companies, penalized the Japanese list - The rumors of…
The Nikkei index gains almost three points (+2,99%) to 13,978.44, while the Topix gains 2,81%, to 1.149,18 points - The dollar rose to a one-month high against the yen , returning to the vicinity of the threshold…
For the fourth consecutive day, the MSCI Asia Pacific regional index rose, and at mid-day gains 1,4%, to its highest level for a month now - The feeling is that, after fears related to the Chinese slowdown and…
Race for safe-haven assets: the yen hits session highs against the dollar and euro, the Swiss franc hits session highs against the single currency - Crude oil reaches 109 dollars a barrel - The…
The euro continues to benefit from the good German industrial orders result. At the opening of the US stock exchanges, the single currency was up against both the dollar and the yen. The main movement on the Forefox was that of the Australian dollar which has…
The second quarter, i.e. the first of the current fiscal year, closed with revenues of 6.255 billion yen, up 13,7% year-on-year - Operating profit rose to 663,3 billion yen , from 353,1…
The Nikkei falls below the psychological threshold of 14 points, to its lowest level for over a month - The Topix drops 3,31% - Particularly sensitive to exchange rate trends, securities linked to the export sector are affected by the appreciation of the yen, with …
The US financial daily explains how the reforms promised by Shinzo Abe to get Japan out of 15 years of deflation divide experts. Between hope and skepticism, Japanese economists and entrepreneurs tell the WSJ how the words of…
The yen strengthens slightly, however remaining above 100 against the dollar, which also weakens against the euro, at 1,314 - Another leap in oil, which exceeds 108 dollars a barrel (Wti) and almost closes the gap with…
In the wake of the negative performance of Asia, European lists also open downwards: Piazza Affari opens down by 1,5%, with the spread rising dangerously towards 300 basis points at the beginning of the morning, around 290 points.
According to Morningstar statistics, the rise in Japanese ETFs was between 12 and 13% - The jump is linked to the so-called "Abenomics", i.e. the aggressive monetary and fiscal policy undertaken by the Bank of Japan
Japan's leading automaker announced operating earnings of 1.320 billion yen (more than 10 billion euros), quadrupling from 355,6 billion in the previous year and well above the official estimate of 860 billion yen released in…
Japan's Topix index, in particular, fell for the first time in eight days as the yen strengthened against the dollar.
The single currency has today reached a three-year high against the yen: exchange rate at 130 - The rise against the Japanese currency has pushed the single currency towards the maximum of the month also against the dollar, at 1,3121.
MSCI Asia Pacific index hits highest level since August 2011 - Nikkei growth (+0,4%) is somewhat lower, but progress marks eight consecutive days, driven by depreciation of the Japanese currency: the yen exceeded altitude…
The single currency is losing ground due to the increase in risk aversion following disappointing macroeconomic data and the start of cuts in US public spending.
At 11.463,75 points, 416,83 points more than yesterday's close, the highest level ever reached since September 2008 - The index was mainly driven by the decline in the yen against other currencies, especially the dollar.
In the currency field, the weak yen (92,6) and the strong euro (1,363) confirm the trends already evident last week. Gold is not shaking off the 1650-1700 window it has been caged in for some time, and WTI oil, at 97,5…
Previous estimates spoke of a +1,7% - The Japanese economy will be supported by the improvement in domestic demand which should arrive after the massive recovery plan envisaged by the new executive of Shinzo Abe, in addition to the easing of monetary policy that has…
The Japanese currency, which on Friday had sailed above 90, returned to 85,5 against the dollar, waiting for a new easing of monetary policy to arrive from the Bank of Japan - Last week it closed with…
The CEO of the Leone, Mario Greco, today unveils the strategies of the Trieste company to the City: four points for the attention of the financial community - "The financial markets are returning to normal" claims the chief economist of Unicredit and even Roubini acknowledges that…
Unstoppable march of the euro against other currencies - The Btp-Bund spread continues to fall, reaching around 250 after the success of the three-year Btp auction - The Stock Exchange has little movement, closing the week of records:…
The MSCI Asia Pacific regional index is close to its highest level in 17 months, rising today by 0,9% - The positive data on Chinese exports and the fact that the yen has returned to weaken…
The MSCI Asia Pacific regional index rallied on some good fourth-quarter earnings news for US companies: The bulk of the announcements are yet to come, but Alcoa and Monsanto surprised to the upside - In…
This week should not be the eighth consecutive gains for Asian markets - A pause was technically warranted and the regional index, like yesterday, fell: MSCI Asia Pacific posts a 0,8% decline - The yen …
Since the great crisis began, the Japanese currency has appreciated the most (about 20% from 2007 to today) - Japanese producers, with weak domestic and international demand, have complained of…
The American Congress ratifies the agreement signed in the Senate and avoids the fiscal cliff - The positive reaction of the markets was immediate - In Asia, the devaluation of the yen supports the Tokyo rally - The 2012 budget in Italy: Btp…
Asian markets open well on this near-last 'business day' of the year, buoyed by Chinese data and the ever-increasing likelihood of a shift in Japan's monetary policy.
Shinzo Abe's new government ventures into the terra incognita of superstimulus - Despite a budget deficit of around 10% of GDP, it is about to propose to the Diet a package of 10 trillion yen (about 2%…
For the 11th consecutive day, the MSCI Asia Pacific index has advanced and is now around 11% higher than at the start of the year - The most dynamic stock market has been Tokyo, as…
The financial asset purchase program (bonds, ETFs, government bonds and commercial notes) rises to 91 trillion yen (888 billion euros) - A special instrument has also been set up to stimulate bank financing.
