1.9%: Japan’s Tokyo CPI inflation rises in August
The headline Tokyo Consumer Price Index (CPI) for August rose 1.9% YoY as compared to 1.8% in the previous month, the Statistics Bureau of Japan showed on Friday.
Markets
The Australian Dollar is inches away from generational highs against the Yen
AUD/JPY traded close to 114.75 on Thursday, ahead 0.36% on the session, with a high that stops nineteen pips beneath a ceiling the pair has not traded above since September 7, 1990. The August bar is running 3.80% highe…
The Japanese Yen gets its hike whatever Tokyo CPI prints
USD/JPY holds just beneath 159.50 on Thursday, ahead 0.05% across a range of forty-two pips, a fifth consecutive session of grinding higher without getting anywhere. The pair remains beneath a declining 50-day Exponenti…
Fed’s Collins says PCE does not change restrictive policy view
The Boston Fed President, Suan Collins, crossed the wires on Thursday as the Jackson Hole Symposium began. She said that the recent PCE report does not change the view that policy is restrictive and will lead to gradual…
Chinese Yuan: Measured RMB appreciation with two-way risks – OCBC
OCBC Bank strategists Sim Moh Siong and Christopher Wong highlight that USD/CNH has edged higher alongside a broader US Dollar (USD) rebound and firmer US Treasury yields, while the People's Bank of China (PBoC) continu…
Australian Dollar gains on hawkish RBA outlook, Warsh speech in focus
The Australian Dollar (AUD) outperforms its major peers on Thursday, buoyed by hawkish Reserve Bank of Australia (RBA) expectations after Australian inflation data released on Wednesday surprised to the upside. A softer…
Fed’s Hammack says policy restrictiveness still needed
Cleveland Federal Reserve (Fed) President Beth Hammack said on Thursday on Fox Business that the job market is broadly in balance, while adding that “we need restrictiveness in policy.”
US President Trump hits Canada on trade, says Hormuz Oil keeps flowing
US President Donald Trump held a press conference on Thursday at the White House, where he insisted that Canada has been "ripping" off the US on trade and that it wants to be “treated like a state.”
Crude Oil takes back the reopening it bought on Tuesday
Crude Oil trades near $83.50 on Thursday, ahead 2.52% and more than $3.00 above a session low just above $80.00 printed at 07:00 GMT. The final leg is the loud one, better than a dollar inside the twenty minutes before …
The US Dollar Index sits still through two hawkish speeches
The US Dollar Index trades just above 99.00 on Thursday, unchanged on the session across a range of less than a fifth of a point. That sits roughly 2.6% beneath the June peak just under 102.00 and beneath a rolling 50-d…
Canadian dollar falls as traders weigh Fed outlook and U.S. dollar strength
Gold (XAU/USD) attracts sellers on Tuesday, snapping a two-day winning streak as a firmer US Dollar (USD) and rising long-term US Treasury yields weigh on the precious metal. At the time of writing, XAU/USD trades aroun…
Japanese Yen : Range holds with BoJ hike expectations – BBH
Brown Brothers Harriman’s (BBH Elias Haddad notes USD/JPY is stuck between resistance at 160.00 and support at the 200‑day moving average, as Bank of Japan (BoJ) officials maintain hawkish guidance and underlying inflat…
US yields tick higher as energy drop pauses amid Fed uncertainty
WASHINGTON – The Federal Reserve kept its key interest rate unchanged again and gave no signal it plans to lower rates in September despite mounting pressure from President Donald Trump and his appointees on the Fed’s p…
Canadian Dollar: Trade war complicates BoC path – Standard Chartered
Standard Chartered economist Dan Pan expects the Bank of Canada (BoC) to keep its policy rate at 2.25% and delay a 25bps cut to December, citing a Q2 growth rebound that reduces the need for immediate easing. The report…
Gold eases as traders await clearer signals on the Fed interest rate path
Gold (XAU/USD) erases its earlier intraday gains on Thursday as buyers turn cautious after a strong rally this month. The precious metal climbed to $4,697 earlier this week, its highest level since May 14, and is still …
Euro retreats below 1.1650 as inflation data buoys US Dollar ahead of Jackson Hole
The Euro (EUR) heads lower for the second consecutive day on Thursday, with the US Dollar (USD) supported by strong US inflation data released on Wednesday. The EUR/USD pair trades at weekly lows sub-1.1650 during the E…
British Pound drops to weekly lows below 1.3600 as US Dollar gathers momentum
The British Pound (GBP) extends losses for the second consecutive day on Thursday, as the US Dollar (USD) strengthens after the hot US inflation report released on Wednesday. The GBP/USD pair is trading at one-week lows…
Australian Dollar remains firm on firm RBA interest rate hike prospects
The Australian Dollar (AUD) is up 0.1% at around 0.7180 against the US Dollar (USD) during the European trading session on Thursday. The Aussie pair remains firm this week due to continued outperformance by the antipode…
Oil: Hormuz supply recovery eases risk premium – BNY
Geoff Yu at BNY notes that improving flows through the Strait of Hormuz are easing Oil supply fears and supporting a lower Brent price profile. Kuwait and Qatar have restored crude shipments to about 70% of pre-war leve…
US Dollar: Inflation data supports gains – UOB
UOB Global Economics & Markets Research notes that US PCE inflation for July slightly exceeded expectations, helping US Treasury yields to rise and supporting the US Dollar against most G10 currencies. The DXY index pos…
BoJ’s Himino says will balance economic data and inflation risks on rates
Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Thursday that the central bank will reach decision on rates balancing need to gain information on economy, financial conditions, and acting in timely fashion to a…
Euro edges down against British Pound despite upbeat German Consumer Confidence data
The Euro (EUR) is trading higher for the third consecutive day against the British Pound (GBP) on Thursday, but the pair keeps ticking down from session highs at the European opening time, despite the bright German GfK …
Indonesian Rupiah weakens as domestic protests, inflation risks loom
USD/IDR gains ground for the third successive day, trading around 17,800 during the Asian hours on Thursday. The currency pair is under downward pressure as the Indonesian Rupiah (IDR) struggles against fragile domestic…
US Dollar: September Fed Conundrum Remains
The August 2025 non-farm payrolls report is expected to confirm a weakening US labor market, with forecasts of +75,000 jobs and unemployment rising to 4.3%. A soft reading could strengthen expectations for a Federal Res…