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Forex markets

Japan’s finance minister says ‘speculative’ moves in currency market impacting yen

by Walter Watson
Japan’s finance minister says ‘speculative’ moves in currency market impacting yen

The yen has been on a downtrend despite the BOJ’s decision on March 19 to end eight years of negative interest rates. Natanael Ginting | Istock | Getty Images Japanese …

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Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis

by Walter Watson
Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis

A pedestrian in the Lagos Island district of Lagos, Nigeria, on Monday, Nov. 14, 2022. Bloomberg | Bloomberg | Getty Images The Central Bank of Nigeria on Tuesday hiked its …

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Indian bonds are to be included in global indexes. Is this a gamechanger?

by Ron Morgan
Indian bonds are to be included in global indexes. Is this a gamechanger?

A woman walks past a statue of a bull near Bombay Stock Exchange (BSE) in Mumbai.  Sopa Images | Lightrocket | Getty Images The decision to include Indian government bonds …

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Canon Electronics leads plunge among Space One consortium after failed launch

by Walter Watson
Canon Electronics leads plunge among Space One consortium after failed launch

Japan’s Canon Electronics shares fell as much as 12.7% on Wednesday after Tokyo-based Space One’s small rocket exploded just moments after its maiden launch. Reuters reported the solid-fueled Kairos rocket …

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Turkish annual inflation soars to 67% in February

by Walter Watson
Turkish annual inflation soars to 67% in February

The Maslak financial and business center in the Sariyer district of Istanbul. Ayhan Altun | Moment | Getty Images Turkish annual consumer price inflation soared to 67.07% in February, the …

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Turkey ends hiking cycle after 8 months, holding key rate at 45%

by Walter Watson
Turkey ends hiking cycle after 8 months, holding key rate at 45%

Turkish flag over a DenizBank building. Turkey is expected to head to the polls on Sunday. Ismail Ferdous | Bloomberg | Getty Images Turkey’s central bank held its key interest …

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Africa’s largest economy is battling a currency crisis and soaring inflation

by Walter Watson
Africa’s largest economy is battling a currency crisis and soaring inflation

IBADAN, Nigeria – Feb. 19, 2024: Demonstrators are seen at a protest against the hike in price and hard living conditions in Ibadan on February 19, 2024. Samuel Alabi | …

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Airbus says competition from China’s Comac C919 won’t ‘rock the boat’

by Walter Watson
Airbus says competition from China’s Comac C919 won’t ‘rock the boat’

A commercial Aircraft Corp of China (Comac) C919 aircraft operated by China Eastern Airlines during the Singapore Airshow in Singapore, on Tuesday, Feb. 20, 2024. Bloomberg | Bloomberg | Getty …

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China Lunar New Year holiday travel spending surpasses pre-Covid levels

by Walter Watson
China Lunar New Year holiday travel spending surpasses pre-Covid levels

Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Images China’s travel activity and spending jumped above pre-pandemic levels during the …

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Asian currencies that will benefit the most from the Fed’s rate cuts

by Walter Watson
Asian currencies that will benefit the most from the Fed’s rate cuts

The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand, on Wednesday, Sept. 12, 2018. Brent Lewin | Bloomberg | Getty Images …

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