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Wednesday, September 11, 2024

Asia Market Movers: US Vice President Harris' campaign is pushing for a second debate with Trump

US Vice President Harris' campaign is pushing for a second debate with Trump

Based on betting markets Harris has won the debate. Screenshot via Bloomberg: Harris wants to do it all again, unsurprisingly. In October.... 

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Bank of Japan Nakagawa says ready to raise rates if inflation on track - recap

Nakagawa is a member of the Bank of Japan monetary policy board. Nakagawa spoke earlier, clearly indicating the rate hikes are not done: BOJ's Nakagawa speaks on one-sided yen falls USD/JPY has droppe... 

Half way through the debate and US Treasuries are rallying. EUR higher also

Harris' performance is being judged favourably my markets: US yields dripping lower EUR higher Two caveats: we are only half way though others may have a different take... 

USD/JPY has dropped under 142.00 on BOJ Nakagawa comments

Bank of Japan monetary policy board member Nakagawa spoke earlier here: BOJ's Nakagawa speaks on one-sided yen falls He has sent the yen higher. USD/JPY dropped down towards 141.50 and has since bounc... 

BOJ's Nakagawa speaks on one-sided yen falls

Bank of Japan monetary policy board member Nakagawa: One-sided yen falls subsided somewhat but rising import prices could affect consumer inflation with a lag Prolonged inflation overseas could put up... 

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Latest Forex Orders

FX option expiries for 10 September 10am New York cut

There are just a couple to take note of on the day, as highlighted in bold . The first one is for EUR/USD at the 1.1000 level. If anything else, it will just act as a slight magnet or at most a floor... 

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