Posts Tagged ‘nikkei’

Yen Futures Higher as Asian Trade Slumps

by Christopher Lemieuxon February 24, 2014 5:05 am BST
The Japanese yen spikes .32 percent higher as Asian equities slump leaving the market uneasy. The Nikkei fell over 100 points with traders seeing the yen as a safe haven, leaving the US dollar modestly lower. Chinese equities reached a two-week low due to reports that banks are ceasing loans to property-related companies, likely due […]

BoJ Stays on Course as GDP Falls, Intraday USDJPY Technicals

by Christopher Lemieuxon February 18, 2014 4:11 pm BST
The Bank of Japan (BoJ) continued on the course of huge quantitative easing and extended specialized loan programs in hopes to spur economic growth and reach the BoJ’s two percent inflation target. The problem is that Japan’s growth is waning. Gross domestic product came in at .3 percent, less than the .7 percent expected by […]

Yen Pulls Back From High, Still in Uptrend

by Christopher Lemieuxon February 5, 2014 8:08 am BST
The yen pulls back after hitting resistance during yesterday’s rally after the current bout of risk aversion. “You’ve had a pattern of increased risk aversion, but that came off today and hurt the yen,” said Normura FX strategist Charles St-Arnaud. St-Arnaud said that “at some point” investors will look for more emerging market exposure, but […]

Financial Markets Shaken by Volatility as Emerging Markets Worry Investors

by Christopher Lemieuxon February 5, 2014 5:04 am BST
Emerging markets – from Turkey to South America to Argentina – is bringing a lot of volatility to financial markets as investors worry about a global shake up. Investors have seen this before, and a capitulation in the emerging economies looks like history may repeat itself as the Federal Reserve brings in quantitative easing and […]