Yen

Asia stock rally fades as Yen gains for second day

Asia’s stock rally to record highs looked to take a breather on Wednesday as investors consider the impact of a jump in bond yields. The yen strengthened for a second day, with traders fixating on prospects for scaled-back debt purchases from the Bank of Japan.Reduced asset purchases by the world’s top central banks, rising commodity prices and looming U.S. debt sales all support the case for higher bond yields, in a potential test to surging equity valuations. Yields on 10-year U.S.

10 January 2018
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Japanese yen falls as havens retreat

The yen declined as havens retreated after the worst-case scenarios for North Korea and hurricanes in the US didn’t eventuate, while stocks inched higher in Asia following a record-breaking Wall Street session.Futures on the S&P 500 Index advanced with equities in Australia and South Korea. Japan markets are closed for a holiday on Monday.

18 September 2017
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Asian stocks rebound after North Korean scare

Asian stocks advanced after President Donald Trump’s measured response to North Korean missile launches and comments from Kim Jong Un suggested geopolitical tensions will ease off. The yen fell for a second day.Equity indexes in Japan, South Korea and Australia opened higher after U.S. stocks rebounded from losses initially sparked when Kim’s regime fired a missile over Japan.

30 August 2017
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