A man walks past a monitor displaying the Topix share average, Nikkei share average and the Japanese yen exchange rate against the U.S. dollar, outside a brokerage in TokyoSINGAPORE - Oil traded near seven-week lows on Tuesday as a softening demand outlook weighed on commodities, while bond, currency and stock markets traded cautiously ahead of central bank meetings in the U.S. and Japan and a slew of major corporate earnings reports.
Markets are pricing almost no chance of a U.S. rate cut this week but have fully priced a 25 basis-point reduction in the Fed Funds rate for September and so expect policymakers to sound dovish. The dollar and yen were kept in fairly compact ranges and took a breather after recent breakout moves. "It is too early to tell if the factors driving yen weakness have changed permanently. For now, this seems more like a short-term correction to the USD/JPY higher trend, but we feel there is downside risk that needs to be priced into a trade."
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: globeandmail - 🏆 5. / 92 더 많은 것을 읽으십시오 »
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »