FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Japanese Markets Reopen With Y115.00 Figure In Play

JPY

Firmer U.S. Tsy yields pushed USD/JPY above the Y115.00 threshold for the first time in four years, with liquidity in JPY crosses sapped by a public holiday in Japan.

  • The rate has extended gains this morning, as local markets reopened. USD/JPY trades +4 pips at Y115.18 and bulls take aim at Mar 10, 2017 high of Y115.51. Conversely, a fall through Nov 19 low of Y113.59 would give bears some reprieve.
  • Jiji reported that the BoJ is considering reducing its Covid-19 response measures, such as corporate bond and commercial paper purchases, from April. The decision could be made as soon as next month or in January.
  • Preliminary readings of Japan's Jibun Bank PMIs for this month will hit the wires at the bottom of the hour. Looking further afield, Tokyo CPI will be released on Friday.
HomepageBank of Japan (BOJ) Market NewsBulletMarketsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.