{
}
The yen has outperformed its G-10 peers this week, rising 1.9% as traders anticipate a narrowing yield gap between the US and Japan. On Wednesday, the currency climbed as much as 0.8% to 151.84 against the dollar, leading the performance among major currencies.
Asian markets exhibit mixed performances amid cautious risk sentiment, influenced by Donald Trump's tariff threats. The Nikkei 225 is down 0.40%, while the ASX 200 rises 0.56%. In Australia, inflation data shows a CPI drop to 2.1%, complicating rate expectations for the central bank. The AUD/USD pair responds positively, defending an upward trendline support.
Gold prices are under scrutiny as the Fed minutes are set to be released, with tariffs proposed by Donald Trump on imports from Mexico, Canada, and China stirring concerns of a trade war. Investors are keenly awaiting US price data, which may signal future inflation trends and influence monetary policy decisions. The upcoming Fed meeting on December 18 could lead to a potential interest rate cut, while the trading range for gold is expected to remain between USD 2,540 and USD 2,800 amidst ongoing profit-taking.
Fed
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
yen leads g10 currencies as traders anticipate narrowing yield gap
08:49 27.11.2024
Asian markets show mixed performance amid tariff uncertainty and inflation data
Australian Dollar
Japanese Yen
United States Dollar
Nikkei 225
Wall Street Capital, Inc.
Fed
KOSPI
ASX 200
USA
AUS
JPN
Show more
03:36 27.11.2024
gold prices fluctuate as fed minutes and tariff concerns dominate market focus
12:58 26.11.2024
Trending
Subcategory
Corporate News
Industry Trends
Startups & Entrepreneurship
Retail and Consumer Goods
Supply Chain Management
Global Trade Developments
Stock Market Updates
Government Economic Policies
Industry Mergers & Acquisitions
Energy Sector Developments
Workplace Trends
Funding Rounds & Investments
CEO Changes
AI Applications
Private Equity Deals
Emerging Startups
Fintech Startups
AI Innovations
Global Financial Events
Central Bank Actions
Countries:
Companies:
Apple Inc.
Google Inc.
Tesla, Inc.
Amazon.com, Inc.
Microsoft Corporation
Tesmec S.p.A.
Alphabet Inc.
OpenAI ERC USD
Walmart Inc.
SWIGGY LIMITED
TENCENT
NVIDIA Corporation
Foxconn Technology Co., Ltd.
Hollywood Bowl Group PLC
NASDAQ Composite
Wise plc
Mastercard Inc
Bose Corporation
Mistral 1
Fast Retailing Co., Ltd.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
British Pound Sterling
United Arab Emirates Dirham
Vietnamese Đồng
South Korean Won
New Zealand Dollar
Saudi Riyal
Thai Baht
Australian Dollar
Indonesian Rupiah
Singapore Dollar
Omani Rial
Bahraini Dinar
Qatari Riyal
Algerian Dinar
Egyptian Pound
People: