USD/JPY: Bulls fighting for control post Japan’s retail sales

The US dollar remains better bid versus its Japanese counterpart in early moves, with USD/JPY heading towards previous highs, as the yen remains undermined despite the latest Japan’s retail sales figures coming in a touch better than market forecasts. USD/JPY little changed post Japan’s data Currently, the USD/JPY pair trades flat at 123.58, supported above key 123.50 levels. USD/JPY is seen struggling near the mid-point of the 123...

Dollar Rises Versus Yen as Easing China Rout Lifts Risk Demand

The dollar rose for the first time in four days versus the yen as a selloff in Chinese stocks and commodities slowed, lifting demand for riskier assets. The greenback gained against the euro as U.S. stocks and yields on government bonds climbed as the Federal Reserve holds a two-day meeting to consider raising interest rates. The dollar rose 0.3 percent to 123.56 yen as of 5 p.m. in New York, and gained 0.3 percent to $1.1060 per euro....

Japanese Stocks Rise Amid Signs China Stabilizing Ahead of Fed

Japanese stocks rose for the first time in four days after signs of stability in Chinese markets triggered a rebound in global equities as investors await a Federal Reserve update on U.S. monetary policy. The Topix index climbed 0.5 percent to 1,637.23 as of 9:01 a.m. in Tokyo, with all but four of its 33 industry groups rising. The Nikkei 225 Stock Average added 0.4 percent to 20,408.54. The MSCI All Country World Index snapped a five-day...

Saham Asia Naik Untuk Pertama Kalinya di Enam Hari Terakhir

Saham Asia naik untuk pertama kalinya dalam enam hari terakhir, setelah naiknya saham AS dan Eropa, karena investor menunggu data terbaru terkait kebijakan moneter dari Federal Reserve. Indeks MSCI Asia Pacific Index naik 0,4% menjadi 140,85 pada 09:02 pagi di Tokyo. Laba yang lebih baik dari estimasi pada Pfizer Co Ford Motor Co serta akksi merger antara perusahaan-perusahaan Eropa memicu reli di luar Asia pada Selasa, dengan indeks...

U.S. Stocks Halt Worst Slide Since January on Earnings, China

U.S. stocks rose, ending their longest losing streak since January, amid better-than-forecast earnings and as Chinese equities pulled back from a selloff. The Standard & Poor’s 500 Index increased 1.2 percent to 2,093.26 at 4 p.m. in New York, as the gauge climbed to its average price during the past 100 days. Chinese equities lost 1.7 percent today, after sinking as much as 5.1 percent. Shares tumbled 8.5 percent Monday amid...