
Yen Traders Brace for Silver Week Intervention as BOJ Decision Looms
Japan spent a record $96.4 billion over the past month defending the yen ahead of the Bank of Japan’s policy decision on September 18.
Tag
6 stories in this topic

Japan spent a record $96.4 billion over the past month defending the yen ahead of the Bank of Japan’s policy decision on September 18.

Traders price in a two-in-three chance of a Federal Reserve rate increase this month while Japanese government bond yields pull back from historic highs.

Foreign funds bought 9.5 billion yuan of Chinese sovereign debt in July for a third straight month as weak domestic consumer spending and factory output fuel rate-cut expectations.

Saigon Jewelry Company bars slipped 1% to VND148.7 million per tael following a sharp pullback in global bullion markets.

Tech exporters in Tokyo, Seoul and Taipei pause ahead of chipmaker revenue forecasts of 92 billion dollars and fresh trade tensions.

Asian equities saw mixed results as concerns over the US economy overshadowed earlier hopes for stable interest rates. Weak retail sales and consumer sentiment in the US are now shifting investor focus to upcoming earnings from major retailers.
Weekly Briefing
Monday, Wednesday and a Friday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.