Bloomberg
SNB's Schlegel on Interest-Rate Decision, Negative Rates
Swiss National Bank President Martin Schlegel speaks to Bloomberg Television in Bern shortly after the central bank delivered a bigger-than-expected half-point cut in borrowing costs. Schlegel said the SNB does not like negative interest...
Bloomberg
BOJ's Ueda Drops 'Shock and Awe' on Path Toward Policy Normalization
The Bank of Japan's policy decision is seen as the wild card in this week's central banks' bonanza due to its history of surprising markets. And BOJ watchers say Governor Kazuo Ueda maybe is laying the groundwork for the eventual...
Bloomberg
King Dollar Is Back, HSBC's Chew Says
Joey Chew, head of Asia foreign exchange research at HSBC, discusses the outlook for the dollar, European and Asian currencies, and central banks' policies. She speaks with David Ingles, Yvonne Man and Rishaad Salamat on "Bloomberg...
Bloomberg
Bullet Train Rail Pass Prices Soar 70% for Tourists in Japan
Japan's JR train network has raised prices of rail passes for tourists for the first time in four decades, by an average of 70%. Still, demand is likely to stay strong thanks to a cheaper yen and flow of inbound visitors. Supriya Singh...
Bloomberg
Yen Rises as Japan Ramps Up Intervention Warning
The yen is trading higher against all Group-of-10 peers after Japan's Ministry of Finance stepped up its verbal intervention to prop up the currency. The yen posted its biggest one-day drop since April on Tuesday after the Bank of...
Bloomberg
Northern Trust AM Sticking to 'Cautious Positioning'
Wouter Sturkenboom, chief investment strategist for Europe, Middle East, Africa and Asia Pacific at Northern Trust Asset Management, explains why he's maintain an overweight to cash. and discusses the outlook for markets and central...
Bloomberg
Bank of Japan Is Between a Rock and a Hard Place, HSBC Says
Frederic Neumann, chief Asia economist and co-head of global research Asia at HSBC, discusses Bank of Japan policy and the implications for the local currency. He speaks with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia."
Bloomberg
BOJ Decision to Raise YCC Ceiling Reference Rate Is Good: Fmr. Board Member
Sayuri Shirai, a former Bank of Japan policy board member, discusses the central bank's latest decision. The BOJ adjusted its stimulus to allow long-term yields to edge higher while raising its inflation projections. Shirai speaks with...
Bloomberg
Yen's Trajectory Is Stronger Over Next 12 Months: UBS
Wayne Gordon, managing director of commodities and foreign exchange at UBS Global Wealth Management, discusses Bank of Japan's policy and the implications for the yen, and the outlook for US Treasuries. He also looks at China's demand...
Bloomberg
Bank of Japan Set to Announce Policy Amid Tweak Speculation
Bank of Japan Governor Kazuo Ueda and his fellow board members are set to decide whether they need to adjust the central bank's yield curve control program as they conclude a two-day policy meeting Tuesday. A statement on the outcome is...
Bloomberg
Yen May Have Some Upside Into 2024, UBS WM Says
Hartmut Issel, head of Asia Pacific equities and credit at UBS Wealth Management, discusses the outlook for financial markets amid geopolitical risks, the opportunities he sees, Bank of Japan's policy and the yen. He speaks with Vonnie...
Bloomberg
Japanese Yen Is 'Too Cheap,' Lombard Odier Says
"The currency is too cheap and inconsistent with Japan's fundamentals. And the yield gap is primarily a result of the policy difference." Homin Lee. senior macro strategist at Lombard Odier, shares his views on Japan's currency, central...
Bloomberg
Argentina Heads to Runoff as Massa Gains Edge Over Milei
Argentina's Economy Minister Sergio Massa surprised pundits Sunday night by taking 37% of the presidential vote, forcing a second-round ballot next month with runner-up Javier Milei, the firebrand libertarian outsider who got 30% support...
Bloomberg
Federal Reserve Likely at Interest-Rate Peak Already, Saxo Says
John Hardy, head of foreign exchange strategy at Saxo, discusses Federal Reserve policy and the implications for the dollar. Cleveland Fed President Loretta Mester said the central bank is close to wrapping up its aggressive tightening...
Bloomberg
Yen Breaches 150 Per Dollar Again, Raising Intervention Risk
The Japanese yen briefly weakened beyond 150 against the dollar again in early Asian trading, keeping traders on guard against possible intervention from authorities Japan. Paul Dobson has more on Bloomberg Television.
Bloomberg
Dollar-Yen Can Break Higher, Japan May Intervene, CBA Says
Carol Kong, international economics and currency strategy associate director at Commonwealth Bank of Australia, discusses the outlook for the dollar and the yen. She speaks with Shery Ahn on "Bloomberg Daybreak: Asia."
Bloomberg
Japan Inflation Slows in Line With BOJ Price View
Japan's consumer prices excluding fresh food rose 2.8% from a year ago, with the pace sliding below 3% for the first time in more than a year. Yuko Takeo reports on Bloomberg Television.
Bloomberg
China Economy Has Bottomed Out, Standard Chartered Says
Becky Liu, head of China macro strategy at Standard Chartered Bank, discusses the prospects for the world's second-largest economy, policies and the yuan. She speaks with Yvonne Man on "Bloomberg Markets: China Open."
Bloomberg
Bank of Korea Governor: Property Market Achieved Soft-Landing
Bank of Korea Governor Rhee Chang-yong talks about the Israel-Hamas war, the potential implications for the global economy and financial markets. He also discusses the state of South Korea's economy, the real estate market, and K-pop. He...
Bloomberg
Manulife IM Sees Tactical Upside Opportunity for China Risk Assets
Sue Trinh, co-head of global macro strategy at Manulife Investment Management, discusses US Treasury yields, the dollar, China's economy and the opportunities she sees in Chinese assets. She speaks with Paul Allen on "Bloomberg Daybreak:...
Bloomberg
China's Consumer Spending to Continue to Trend Up, GROW's Hong Says
Hao Hong, partner and chief economist at GROW Investment Group, discusses the outlook for China's economy, stock market and the local currency. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
Bloomberg
Standard Chartered on Euro: Hard to Find Structural Positive
Steven Englander, global head of Group of 10 foreign exchange research at Standard Chartered Bank, discusses the outlook for the dollar, the euro, the Chinese yuan and the Japanese yen. He speaks with Shery Ahn and Haidi Stroud-Watts on...
Bloomberg
Bank of Japan to Buy Additional Bonds to Curb Rise in Sovereign Yields
The Bank of Japan on Monday announced an extra bond-buying plan for this week as it strives to slow rising yields that are at the highest level in a decade. Bloomberg Economics' Taro Kimura shares his views on the central bank's move on...
Bloomberg
Yen at 155 Against Dollar Is Where Japan Starts to Worry, Sakakibara Says
Japan's government may step into foreign exchange markets again if the yen goes beyond 150 against the dollar with officials likely to get concerned if it reaches 155, according to former top forex official Eisuke Sakakibara. He speaks...