Further tentative comments from the Japanese Finance Minister. I posted earlier on what to listen for when intervention talk ramps up, in the links at this post: Alarms, and phones, going off in BoJ bedrooms with USD/JPY above 150 Suzuki is not ramping up the verbal intervention. USD/JPY update: This article was written by Eamonn
Geez, Janet Yellen is short The European Central Bank is eyeing energy prices and fallout from the Israel-Hamas conflict, President Christine Lagarde told euro-area finance ministers, according to people familiar with the matter cited by Bloomberg. WTI crude oil is down 72-cents today to $86.97. It was around this time two years ago that Lagarde
© Reuters. Japan’s new Chief of Cabinet Secretary Matsuno Hirokazu announces new cabinet members at a news conference in Tokyo, Japan October 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – Japan’s Chief Cabinet Secretary Hirokazu Matsuno said on Monday the government would continue to monitor currency moves with “a high sense of urgency”. He also
WSJ Fedwatcher Nick TImiraos is highlighting the improvements in inflation in the US and offered up this chart. Zooming out further, core goods inflation is up just 0.5% y/y while housing rose 7.4% but the latter is a major laggard and will fade rapidly in the coming months (and perhaps further if mortgage rates stay