Dollar-Yen reaches fresh 34-year peak as Bank of Japan warns on weak JPY on Nostr: Asian Stocks Rise as Yen Weakens Ahead of Fed Meeting =============== #080c8e6b ...
Asian Stocks Rise as Yen Weakens Ahead of Fed Meeting
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#080c8e6b ver:2.12
Asian stocks rise as yen weakens ahead of Fed meeting, fueled by tech-driven rally on Wall Street and strong corporate earnings. Fed's preferred inflation metric shows increase, but consumer spending weak and savings rate drops. USD struggles against G10 currencies. Crude oil prices ease but remain volatile. Reserve Bank of Australia's hawkish stance bolsters AUD/USD. Key events in Asia include Chinese PMIs and inflation data. Fed meeting takes center stage, with first rate cut expected in September. Yen crumbles below key level, Tokyo resists intervention. MSCI's Asia-Pacific shares index gains, Hang Seng and China's blue-chip index advance. Euro and sterling gain against dollar. Oil and gold prices dip. Asian stocks rise ahead of Fed meeting, yen weakens, oil prices fall, and Elon Musk's trip to China sparks rally. #AsianStocks #FedMeeting #YenWeakens #USD #OilPrices #GoldPrices #TechRally #CorporateEarnings #Inflation #ConsumerSpending #AUDUSD #ChinaPMI...
#newstr #AsianMarkets #Yen #OilPrices #ElonMusk #FederalReserve
https://here.news/story/080c8e6b?ver=2.12
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#080c8e6b ver:2.12
Asian stocks rise as yen weakens ahead of Fed meeting, fueled by tech-driven rally on Wall Street and strong corporate earnings. Fed's preferred inflation metric shows increase, but consumer spending weak and savings rate drops. USD struggles against G10 currencies. Crude oil prices ease but remain volatile. Reserve Bank of Australia's hawkish stance bolsters AUD/USD. Key events in Asia include Chinese PMIs and inflation data. Fed meeting takes center stage, with first rate cut expected in September. Yen crumbles below key level, Tokyo resists intervention. MSCI's Asia-Pacific shares index gains, Hang Seng and China's blue-chip index advance. Euro and sterling gain against dollar. Oil and gold prices dip. Asian stocks rise ahead of Fed meeting, yen weakens, oil prices fall, and Elon Musk's trip to China sparks rally. #AsianStocks #FedMeeting #YenWeakens #USD #OilPrices #GoldPrices #TechRally #CorporateEarnings #Inflation #ConsumerSpending #AUDUSD #ChinaPMI...
#newstr #AsianMarkets #Yen #OilPrices #ElonMusk #FederalReserve
https://here.news/story/080c8e6b?ver=2.12