DOLLAR DIP ASIA
Rupee ends little changed, forward premiums nudge higher
The Indian rupee closed almost unchanged against the U.S. dollar, with state-run bank bids and offers keeping the currency in a narrow range.
Asia shares firm, euro dogged by French election deadlock
Asian stocks increased on U.S. rate cut anticipation and French elections blocking Marine Le Pen's far-right. S&P 500 futures fell 0.1%, dollar weakened by U.S. jobs report. Earnings season approaches with Citigroup, JP Morgan, Well Fargo reporting. Investors expect September rate cuts, Treasury yields down, gold prices high. Fed Chair's testimony, German inflation, U.S. consumer price report, oil prices awaited.
Euro rises after France's first-round vote, yen struggles
Recent events in France and Japan, along with global economic indicators, influence currency movements and central bank policies worldwide, reflecting uncertainties in the financial landscape.
Asian shares head for five-month winning streak; yen slides
Asian stocks rise on Fed rate cut hopes and U.S. inflation worries. AI boom drives Wall Street to record highs. Yen hits 38-year low, impacting Japanese markets. Gold market pressured by strong dollar.
Dollar barges past 161 yen and eyes quarterly rise
Amid currency fluctuations and economic indicators, market dynamics are influenced by the U.S. personal consumption expenditures price index and the Federal Reserve's preferred inflation measure, shaping expectations and trading behaviors.
Asia stocks down, yen slump keeps markets on intervention alert
Asian shares fell on inflation worries, pushing bond yields higher. The yen's decline raised intervention fears. The dollar surged against major currencies. Markets reacted to unexpected inflation hikes. Uncertainties in commodity markets added to the jittery mood.
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Asia stocks down, yen slump keeps markets on intervention alert
Inflation concerns impact markets worldwide, driving bond yields up and Asian shares down. Currency markets watch as the yen weakens, prompting fears of intervention. Unexpected jumps in inflation in Australia and Canada add to market nerves before the Federal Reserve's upcoming data release.
Steady dollar sends yen to the brink of 160
Market dynamics shift as USD/JPY nears significant levels, affecting currency movements and trade volumes. Analysts closely monitor key economic indicators for potential policy shifts amid global uncertainties.
Asian shares subdued, yen hits record low versus euro
Asian shares subdued, yen at record low. Nasdaq tumbled, Dow Jones rallied. Chinese stocks slightly higher. U.S. PCE price index awaited. Investors cautious ahead of U.S. price data, U.S. presidential debate, French election.
Asia shares subdued as inflation, politics loom large
Asia shares subdued awaiting U.S. price data for inflation cues. Markets cautious of Japanese intervention as dollar tests 160 yen level. Geopolitical events like U.S. debate and French election add uncertainty.
Asian shares end the week with a whimper, yen back to intervention watch
Asian shares ended the week lower as profit-taking followed a rally to 26-month highs. The U.S. dollar's strength pushed the Japanese yen towards intervention levels.
Asian shares end the week with a whimper, yen struggles
Asian shares end week with profit-taking as U.S. dollar strength pressures yen towards intervention zone.
Rupee squeezed by weak Asia, to be likely boosted by positional flows
Rupee squeezed by weak Asia, to be likely boosted by positional flows
Asia shares muted on mixed China data, euro pressure
Asian share markets softer on mixed Chinese economic data. European political uncertainty persists. Swiss National Bank may ease. Markets await U.S. retail sales and Fed speeches. French political risks weigh on euro. Gold and oil prices stable.
Thematic focus on infra, renewables and real estate likely to continue: Harsh Gupta Madhusudan
Chinese valuations are roughly half of India's, but Chinese earnings growth is also significantly lower. The China trade is more tactical and opportunistic.
Asia shares rally on hopes for more rate cuts this week
Asian share markets rose on Monday as investors anticipated rate cuts by the European Central Bank and possibly the Bank of Canada. Sticky inflation may prolong the easing process.
Dollar regroups before inflation test; yen brushes off Tokyo CPI
Market expectations of rate cuts increased to 55% for September. Traders awaited the release of the PCE price index for insights on interest rate cuts. Dollar weakened due to softer inflation data.
Asian stocks, bonds slump over global rates angst
Asian stocks fell as investors awaited key inflation readings for clues on global interest rates and monetary policy. The dollar rose on higher Treasury yields as gold remained under pressure. Equities slid, bonds swooned, and the USD showed strength. Markets reacted to data on inflation, economic activity, and German inflation.
Asia shares inch higher before inflation tests
Asian shares edged higher on Monday as investors awaited a key U.S. inflation report that could impact interest rates. Thin trading was seen ahead of core personal consumption expenditures data, with risks on the downside.
Asia stocks weaken on the patient approach to rate cuts
MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.57%. Australia's S&P/ASX 200 index was one of the biggest decliners, slumping 0.8%, also hurt by a pullback in some commodity prices.
Gold Price Today: Yellow metal drops over Rs 600 per 10 grams; silver dips Rs 1800/kg
Gold Price Today: Gold and silver prices fluctuated with MCX June futures down 0.85% and July silver contracts down 1.9%. Gold rose 18% this year due to central-bank purchases and strong demand from Asia despite higher Treasury yields and hawkish comments from Federal Reserve officials. The US Dollar Index was near 104.67.
Asia shares touch two-year top as China plans property boost
Brent crude futures touched a one-week high of $84.14 a barrel in early trade, with the crash, in heavy fog, of a helicopter carrying Iran's president drawing traders' attention to the Middle East. Gold hovered close to a record high at $2,423 an ounce.
Rupee ends flat; oil cos, foreign banks' dollar demand offsets rise in Asia FX
The Indian rupee closed flat on Thursday as dollar demand from local oil companies and likely equity-related outflows weighed on the local unit even as most other Asian currencies rallied.
Rupee inches up on foreign banks' dollar sales, uptick in Asia FX
The dollar index was down 0.1% at 104.9, while most Asian currencies rose. The offshore Chinese yuan was up nearly 0.2%, while the Philippine peso was up 0.4%, leading gains.
Rupee dips on weak Asia, more equity losses
The rupee was at 83.52 to the U.S. dollar at 11:06 a.m. IST, down from 83.50 in the previous session. India's Nifty 50 Index, adding to last week's decline, dropped nearly 1% to the lowest in three weeks.
Asia stocks drift, dollar firm as Fed rate path pondered
MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.19%, weighed down partly by declines from mainland Chinese blue chips. However, Hong Kong's Hang Seng rose 0.52%.
Why the US dollar is causing chaos across Asia
US Dollar's surge causes chaos in Asia, impacting Taiwan, India, Malaysia. Emerging-market currencies plummet as US economic performance weakens Fed rate cut expectations. Asian central banks take cautious measures to support currencies amid US interest rate concerns.
Rupee weakens to over three-month low on weak Asia FX; forward premiums dip
The rupee was trading at 83.3450 per U.S. dollar at 09:30 a.m. IST, its weakest level since Jan. 3. The pair had closed at 83.1475 on Thursday.
Rupee closes flat as state-run banks' dollar buys offset uptick in Asia FX
The Indian rupee closed little changed on Monday as dollar demand from state-run banks offset positive cues from an uptick in most Asian currencies.
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