Yen Faces Triangle Test as Trading Patterns Point to 7-Year Low

The yen is poised to weaken toward a seven-year low versus the dollar, trading patterns suggest, amid prospects that a strengthening U.S. economy will allow the Federal Reserve to raise interest rates this year. The bias is for further yen declines, according to JPMorgan Chase & Co. and IG Markets Securities Ltd., after the dollar-yen exchange rate closed above its 21-day...

Gold Extends Gain as Greek Standoff With Creditors Boosts Demand

Gold rose for a second day on concern that a standoff between the new Greek government and its creditors may worsen, with German Chancellor Angela Merkel signaling little willingness to compromise over bailout conditions. Bullion for immediate delivery advanced as much as 0.5 percent to $1,245.36 an ounce, and was at $1,243.90 at 11:27 a.m. in Singapore, according to Bloomberg generic pricing. Prices, which gained 0.4 percent on Monday,...

Japan Stocks Swing as Investors Weigh Earnings, Greece Concern

Japan™s Topix index swung between gains and losses as investors weighed corporate earnings and the yen held gains amid concern Greece™s rejection of an international bailout may lead to fresh turmoil in the euro zone. Nissan Motor Co. jumped 3.3 percent after raising its annual profit forecast. Oil explorer Inpex Corp. gained 3 percent after crude prices gained Monday. Air-conditioner maker Daikin Industries...

China Stocks Rise as Slowing Inflation Boosts Policy Easing Odds

China™s stocks rose for a second day as official data showing inflation slowing more than forecast spurred speculation the government will further ease monetary policy to boost the world™s second-biggest economy. Financial and material companies led gains, with Poly Real Estate Group Co. and Inner Mongolian Baotou Steel Union Co. climbing more than 2 percent. The consumer-price index rose 0.8 percent in January, compared with the projection...

China’s Stock-Index Futures Fall Before Inflation Data

China™s stock-index futures fell before the release of inflation data. Futures on the CSI 300 Index expiring in February, the most active contract, slipped 0.1 percent to 3,359.80 as of 9:27 a.m. local time. Consumer prices probably rose 1 percent in January from a year earlier, slowing from a 1.5 percent gain a month earlier, according to the median estimate of a Bloomberg survey....