Japanese yen
The end of the ‘carry trade’? How Japan’s yen could be ripping through U.S. stocks
A man walks past an electronic quotation board displaying the exchange rate for the Japanese yen against the US dollar in Tokyo on August 2, 2024 Kazuhiro Nogi | Afp | Getty Images The key driver of global markets is the yen exchange rate, according to one financial historian, who warned the trend should concern […]
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CNBC Daily Open: Fed signals possible rate cut; Wall Street soars; oil gains as Middle East tensions rise
This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Traders work on the floor of the New York Stock Exchange on July 25, 2023. Angela Weiss […]
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CNBC Daily Open: BOJ ups rate to 0.25%; U.S. stocks fall; Starbucks’ same-store sales decline
This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, […]
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Japan’s new currency diplomat keeps intervention on table to stabilize yen
An employee counts Japanese yen notes in Tokyo, Japan. Tomohiro Ohsumi | Getty Images Japan will retain its basic approach on the yen with intervention remaining an option to tackle excessively volatile moves in the exchange rate, the country’s new top currency diplomat Atsushi Mimura told Reuters. “Japan will act under internationally agreed commitments that exchange rates should be determined by markets, but that […]
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CNBC Day by day Open: S&P retreats, yen surges, Tesla sinks
Traders do the job on the floor of the New York Stock Exchange. NYSE This report is from present day CNBC Every day Open up, our intercontinental markets e-newsletter. CNBC Every day Open up brings investors up to velocity on almost everything they will need to know, no matter in which they are. Like what […]
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CNBC Daily Open: S&P retreats, yen surges, Tesla sinks
Traders work on the floor at the New York Stock Exchange on Oct. 27, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You […]
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Stocks producing the most important moves midday: Eli Lilly, 3M, PayPal, Tesla and far more
Verify out the organizations earning headlines in midday trading. Eli Lilly — Shares additional 5% just after Eli Lilly, maker of the Mounjaro diabetic issues and pounds decline drug, defeat analysts’ expectations for to start with-quarter modified earnings. The Indianapolis-dependent drugmaker also lifted its complete-year steering for modified earnings and revenue. 3M — Shares jumped […]
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Vacation: Visa nation manager clarifies what's driving Japan's popularity
Adeline Kim, region manager for Singapore and Brunei for Visa, says the weak yen is just a person of numerous components. Resource
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Japan's yen hits 34-12 months-very low, heating talk of intervention
Japanese 1,000 yen, 5,000 yen and 10,000 yen banknotes organized in Kyoto, Japan, on Thursday, Nov. 2, 2023. The contradictions in Japan’s initiatives to safeguard the yen while slowing the tempo of soaring bond yields are getting more and more obvious in currency and debt marketplaces. Photographer: Kentaro Takahashi/Bloomberg by using Getty Images Kentaro Takahashi| […]
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Japan Forex tsar Kanda suggests speculation guiding weak yen, prepared to get motion
Masato Kanda, vice-minister of finance for worldwide affairs at Japan’s Ministry of Finance, in the course of a press meeting just after the Team of 20 (G-20) finance ministers and central lender governors assembly. Bloomberg | Bloomberg | Getty Photos Japan’s top rated forex diplomat on Monday warned towards speculators hoping to promote off the yen, […]
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