The yen fell on Wednesday on expectations of the BOJ monetary stimulus and a media report the government will soon unveil its stimulus package.
TOKYO, July 27- The yen fell in early Asian trade on Wednesday on expectations of significant monetary stimulus by the Bank of Japan later in the week, a day after it had posted its biggest gains in a month on disappointment at the scale of the government's fiscal stimulus plan. The market is still wary of any surprises from Kuroda, "said Kyosuke Suzuki, director of...
*Yen bullish as hopes placed on Japan stimulus fade. The safe-haven yen sat atop large gains as hopes for a large fiscal stimulus package out of Japan faded. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent.
*Decision expected July 29 0330-0530 GMT. *Gov Kuroda to brief media from 0630 GMT. TOKYO, July 27- Yen moves and political considerations could be decisive factors for Bank of Japan policymakers agonizing over whether to expand stimulus yet again on Friday or to save their dwindling policy resources in case the economy takes a turn for the worse.
Stocks shrugged off downbeat macro commentary and early sell orders to hold onto gains going into the end of trading.
CNBC's Courtney Reagan discusses the day's activity in the commodities markets.
NEW YORK, July 26- A buoyant yen and U.S. oil prices at three-month lows kept stock markets on the defensive on Tuesday as investors awaited central bank meetings this week that will unveil new stimulus in Japan and may provide clues on U.S. interest rates. The yen hit two-week highs against the euro and more than one-week highs against the dollar as traders dialed...
The Gartman Letter's Dennis Gartman has his eye on oil's next move, while Peter Schiff of Euro Pacific Captial is watching for the bubble to burst in the market. And the "Futures Now" traders have a play on crude, the U.S. dollar and key levels in the tech space.
Euro Pacific Capital's Peter Schiff calls out the Fed ahead of the FOMC minutes and weighs in on the election, wages and earnings. And the "Futures Now" traders have a money-making play on the U.S. dollar.
Crude prices dipping back down to three-month lows could be a huge drag on energy earnings for the rest of the year.