BoJ Intervenes to Shore Up Yen
Last week we saw a reversal of the dollar strength which saw once again market expectations of 2 or more rate cuts in 2024 back on the table. With disappointing job numbers and a less hawkish than expected Powel the dollar tumbled away its gains and stock markets were buoyed.
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The post BoJ Intervenes to Shore Up Yen first appeared on JP Fund Services.
The post BoJ Intervenes to Shore Up Yen appeared first on JP Fund Services.
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Yen Collapse; FOMC in Focus
Last week we saw the expected de-escalation in the Iran - Israel war and a risk on rally ensued. The Yen had sharp sell off. Firstly, the BoJ kept rates unchanged, and a dovish tone then compounded the fall closing the week through 158.
The post Yen Collapse; FOMC in Focus first appeared on trademakers.
The post Yen Collapse; FOMC in Focus first appeared on JP Fund Services.
The post Yen Collapse; FOMC in Focus appeared first on JP Fund Services.
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Inflationary Pressure Resurfaces
Last week the US Dollar remained in a tight range as other geopolitical news took the fore. Oil prices surged along with metals such as Copper reigniting inflationary warning signs which could leave central banks powerless to reduce rates in the coming months.
The post Inflationary Pressure Resurfaces first appeared on trademakers.
The post Inflationary Pressure Resurfaces first appeared on JP Fund Services.
The post Inflationary Pressure Resurfaces appeared first on JP Fund Services.
Navigating The AI Market: Top Stocks To Watch In 2024
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Quiet Markets with a Shorter Week
Last week the markets failed to break out in any direction. With the shorter week for Easter and lack of economic data we ended the week broadly where we started. Dollar tried to continue its trajectory higher but failed to show any real move by the end of the week US Data came in mixed…
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The post Quiet Markets with a Shorter Week first appeared on JP Fund Services.
The post Quiet Markets with a Shorter Week appeared first on JP Fund Services.
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