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Monday, August 19, 2024

Asia Market Movers | Japan's LDP will hold its leadership election on September 27

Japan's LDP will hold its leadership election on September 27

A diary note for politics in Japan. It'll be interesting to get the new PM's take on Bank of Japan policy. Still a ways off. - Fuji News Network (FNN) with the info. Japan's parliame... 

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Japan seeking a 700 billion yen valuation for Tokyo Metro, listing as early as end-October

Japan's national and Tokyo governments are seeking a 700 billion yen ($4.7 billion) valuation for Tokyo Metro Preparing to list the subway operator as early as October-end Info via Reuters citing thre... 

Federal Reserve Chair Powell to retain optionality, more data to come before Sept meeting

Via Reuters a snippet from the Commonwealth Bank of Australia on Powell speaking at Jackson Hole: "Markets will be laser focused to what Powell has to say at the end of this week, and on that, I think... 

JP Morgan says recent sharp equity market sell-off a 'dress rehearsal' for what's to come

A note from JPM analysts says a shock market meltdown could be a scenario that happens again. "Many market participants are dismissing the recent blowup of various crowded trades as a fluke or flash c... 

PBOC sets USD/ CNY reference rate for today at 7.1415 (vs. estimate at 7.1548)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.... 

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Latest Forex Orders

FX option expiries for 16 August 10am New York cut

There are a couple to take note of on the board, as highlighted in bold . And they are both for EUR/USD at the 1.0960 and 1.1000 levels. The latter is the bigger one and arguably of more interest, giv... 

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