Tag: Bank of Japan

(Bloomberg) -- Trading in Japanese government bonds has increased since the Bank of Japan stopped controlling yields last month, and there's at least one indicator in the market that liquidity is returning. Bloomberg's Top Reads Trumpism Is Hollowing Out the ChurchTrump's Media Screwdriver Slides, Diving 36% in Debut, Losing BillionsWhy Southern India Rejects Modi - and Why It MattersGermany to Order Ships, Armored Vehicles Worth Up to 7 Billion EurosRoyal Bank of Canada Fires First Matron Financial Officer Ahn Jae-hyun After Probe of Personal Connection.

(Bloomberg) -- Asian stocks followed U.S. shares lower Friday as interest rate uncertainty and geopolitical tensions weighed on sentiment: Market RoundupApple explores home robotics as potential 'next big thing' after car malfunctionsBiden tells Netanya that U.S. support depends on protection of civiliansKim Jong-un faces annihilation in most Korean war scenariosEquities in A

Foreign exchange strategists polled by Reuters said the dollar will remain strong in the coming months as financial markets continue to push back expectations for the timing and magnitude of the Fed's rate cuts. So far this year, the dollar against a basket of major currencies has strengthened by about 3.3%, a reversal of the short-lived downtrend at the end of 2023, with net long bets on the dollar reaching their highest point since September 2022, according to trader position data. The strong U.S. economy and continued inflation are forcing financial markets to reconsider their bets on when the Fed will cut interest rates for the first time.

Asian stocks were mixed on Monday, with Shanghai up 1% after a survey showed improvement in China's manufacturing sector. Sydney and Hong Kong were closed for the Easter Monday holiday. Tokyo's Nikkei 225 index fell more than 1.2% to 39,883.96 after the Bank of Japan's quarterly business conditions survey showed sentiment at large manufacturers, including automotive and electronics giants, fell in March for the first time in a year.