Christopher Wong, foreign exchange strategist at OCBC in Singapore, said the election of Takayama as prime minister was expected after the Restoration Council agreed to form a coalition government. This should reassure markets and the yen due to the fiscal soundness demonstrated by the LDP-Restoration party alliance. The impact of this event on the dollar/yen may not be similar to what happened after the LDP election, as a coalition government will make Takayama's previous pro-stimulus stance ma...
Gold prices hit another new high as investors bet that the Federal Reserve will continue to cut interest rates, ANZ analysts wrote. Rising trade tensions have increased safe-haven demand for gold, which still has room to rise amid geopolitical, economic and fiscal uncertainty. ANZ analysts predict that gold prices will peak at $4,600 an ounce in mid-2026. (Gold Ten)
The resignation of Shigeru Ishiba has triggered political uncertainty in Japan, and the battle for the leadership of the Liberal Democratic Party is about to begin. Political uncertainty has exacerbated market concerns about Japan's fiscal discipline and the trend of the yen and Japanese bonds. Click to view...
Japan's ruling coalition lost more than half its seats in the upper house and the yen rose as much as 0.7 per cent against the dollar, but then fell back. Nikkei futures were little changed and the cash market was closed for the holiday. Shigeru Ishiba, Japan's prime minister, will now try to govern with some support from the opposition. "Uncertainty is usually good for the yen, at least initially," said Rodrigo Catril, currency strategist at National Australia Bank. "Overall, the election resul...
The golden day skyrocketed and resumed its upward trend. Trump's "change in order" has brought huge uncertainty to the market, and the title of the bull "God of Wealth" cannot be removed?
The Federal Reserve's Bostic: We still expect two rate cuts this year, but there is a lot of uncertainty.
The meeting notes did not give the prospect of a rate cut, but investment banks believe that most of the uncertainty will be resolved before the May meeting. The US index rebounded and fell back, maintaining a downward outlook until this level is broken.
U.S. consumers are increasingly concerned about potential price increases and economic uncertainty. Click to view...
As Trump's policy uncertainty spreads, both retail investors and institutions are snapping up options to protect against surging stock market volatility...
Chicago Federal Reserve President Goolsbee said the Federal Reserve must be cautious in cutting interest rates due to economic uncertainty. He noted in a radio interview that despite strong consumer spending and economic growth, there are concerns that inflation could rise again. Goolsbee stressed that fiscal decisions affecting prices and employment need to be carefully evaluated. He also warned that it could be difficult to distinguish inflation from temporary effects such as economic overheat...