SINGAPORE - Asian stocks inched higher on Tuesday as investors awaited a slew of economic data, corporate earnings and the U.S. Federal Reserve's policy meeting, while the yen was slightly weaker a day after suspected intervention rescued it from 34-year lows.
Markets had been anticipating that Japan might intervene to prop up the yen after the currency fell more than 10% against the dollar this year.Japan's top currency diplomat Masato Kanda said on Tuesday that authorities were ready to deal with foreign exchange matters "24 hours", while declining again to comment on whether the finance ministry had intervened to prop up the yen a day earlier.
The yen has been under pressure as U.S. interest rates have climbed and Japan's have stayed near zero, driving cash out of yen and into higher-yielding assets."Markets will be waiting with bated breath to see if the Fed turns more hawkish, which will support the U.S. dollar and undermine the appeal of the yen. If the Fed does not sound as hawkish as markets fear, this could help the yen to strengthen.
ایران آخرین اخبار, ایران سرفصلها
Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
Japanese yen strengthens after touching 160 to the dollar; Asia stocks rise as Fed meeting loomsThe Japanese yen touched 160 against the U.S. dollar, while investors awaited Japan’s industrial production and retail sales data from March later in the…
منبع: NBCNewYork - 🏆 270. / 63 ادامه مطلب »
Japanese yen touches 160 to the dollar; Asia stocks rise as Fed meeting loomsThe Japanese yen touched 160 against the U.S. dollar, while investors awaited Japan’s industrial production and retail sales data from March later in the…
منبع: NBCDFW - 🏆 288. / 63 ادامه مطلب »
Asia stocks, yen tentative with eyes on BOJ decisionAsia stocks, yen tentative with eyes on BOJ decision
منبع: Investingcom - 🏆 450. / 53 ادامه مطلب »
Asia stocks rebound, oil and gold retreat on tempered Mideast fearsAsia stocks rebound, oil and gold retreat on tempered Mideast fears
منبع: Investingcom - 🏆 450. / 53 ادامه مطلب »
Asia stocks bounce as soaring dollar pausesAsia stocks bounce as soaring dollar pauses
منبع: Investingcom - 🏆 450. / 53 ادامه مطلب »
Asia Stocks Pull Back Amid Middle East TensionsAsia stocks pulled back on Monday as worries about potentially escalating tensions in the Middle East rattled financial markets, pushing investors to look for safer places for their money.
منبع: wjxt4 - 🏆 246. / 63 ادامه مطلب »