Treasury Secretary Scott Bessent says Trump 2.0 focusing on 10Y yields, not Fed
Bessent repeated his view that expanding energy supply will help lower inflation. For working-class Americans, “the energy ...
Dollar slumps to 8-week low vs yen as trade war risk recedes
The U.S. dollar slumped to an eight-week trough to the yen and lingered near a one-month low versus sterling on Thursday, as ...
BOJ must raise rates to 1% by latter half of fiscal 2025, board member Tamura says
The Bank of Japan must raise short-term interest rates to at least 1% by the second half of fiscal 2025 to contain inflation ...
The Yen Is Back in Favor as Currency Traders Shun the Dollar
A wild week in the currency markets has left hedge funds heading for the exits on their dollar trades and turning their ...
Oakmark Japan Strategy Q4 2024 Commentary
The portfolio’s return was -7.75% (net) for the reporting period vs. MSCI Japan Index (Net) that returned -3.60% for the same period. Read more here.
Wall Street drops as Trump's tariffs hit markets worldwide
Wall Street is pointing sharply lower Monday following President Donald Trump’s orders to impose steep tariffs on the biggest U.S. trading partners: Mexico, Canada and China.
BOJ’s Ueda Voices Confidence on Rate Hike Messaging to Market
The Bank of Japan’s message on gradual interest hikes has been clearly received by financial markets, Governor Kazuo Ueda ...
Japan’s Underlying Inflation Still Slightly Below Target, BOJ Governor Says
Underlying inflation in Japan is still slightly below the central bank’s target of 2%, Bank of Japan Gov. Kazuo Ueda said, ...
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Yen set for best January in seven years as rates path diverge
The yen was on track for its best monthly start to the year since 2018 on Friday, helped by the view that the Bank of Japan ...
Core inflation in Japan's capital hits 1-year high, keeps BOJ rate-hike bets alive
Core inflation in Japan's capital hit 2.5%, marking the fastest annual pace in nearly a year, well exceeding the central bank ...