Japan’s 10-year government bond yield climbed toward 3.1% on Monday, remaining at its highest level since 1996 as persistent concerns over energy-driven inflation raised expectations that the Bank of Japan could accelerate its rate-hiking cycle. Oil prices rose after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, while Tehran said […]
It was appropriate for the Bank of Japan to continue raising policy interest rates and gradually adjust monetary accommodation, July minutes showed, as underlying CPI inflation neared 2% and financial conditions stayed accommodative. Members stressed preemptive action against upside risks to avoid rapid hikes later, noting the rate remains below the neutral range. One member […]
The yield on the 10-year US Treasury note rose to around 5.2% on Monday, staying at its highest level since July 2007 as expectations strengthened that the Federal Reserve will tighten monetary policy further to contain inflation. Data released Friday showed new orders for key US manufactured capital goods rose more than anticipated in August, […]
China’s Commerce Ministry said on Monday that the United States (US) and Chinese officials confirmed that the bilateral trade truce has been extended by two months, moving the expiration date from November 10 January 10, 2027. Key quotes Importing US coal complements domestic market, offers stable economic returns and jobs for US industry. We look […]
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7399 compared to last Thursday’s fix of 6.7489 and 6.7085 Reuters estimate.
US President Donald Trump said on Sunday that he believes the war with Iran will be won “very soon,” adding that additional military strikes before the midterm elections are possible, Fox News reported. “I think what’s going to happen is we’re going to win this war very soon, and as soon as we win it, […]
The consumer confidence indicator in the Philippines rose to -29.8 in the third quarter of 2026 from -42 in the previous quarter, which marked the weakest reading since Q4 2020 during the COVID pandemic. The improvement was driven by expectations of higher earnings, additional sources of income, and more stable employment. All three major component […]
Japan’s benchmark stock market index is trading around 66,845 points, its highest level since August 2026, as the broader equity market maintains its upward momentum. The index has gained approximately 0.52% over the past four weeks and is up 48.19% over the past 12 months, highlighting the strength of the longer-term advance. The market is […]
European Central Bank (ECB) Vice President Boris Vujcic said on Friday that the ECB started a tightening cycle and sees a “risk of higher for longer energy prices.” He added that diesel prices will stay high for a long time, feeding into inflation. Key highlights: We have started a tightening cycle See risk of higher […]
The Cleveland Federal Reserve (Fed) President Beth Hammack said on Friday that “the biggest risk with inflation is the formation of an inflationary mindset”, in a panel discussion hosted by the Cleveland Fed, with Vujcic, the Vice President of the European Central Bank (ECB), and Bank of Mexico’s (Banxico) Deputy Governor Jonathan Heath. Hammack reiterated […]