Japan’s DPP called for decisive steps to calm bond and FX markets, warning ultra-long yield volatility risks destabilising broader financial conditions. Summary: DPP says market …
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A violent JGB sell-off driven by election-linked fiscal fears jolted global rates before a tentative Wednesday rebound eased worst-case worries. Summary: Japan’s long-end yields surged …
China is lining up a five-year consumption drive, pairing near-term loan subsidies and credit guarantees with a strategic shift toward services-led demand growth. Summary: China …
South Korea signalled tolerance for FX volatility, saying the won should strengthen toward 1,400 as authorities work to stabilise markets. Summary: South Korea says it …
The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a +/- 2% range, around a …
Barclays sees Greenland-related geopolitical risks as a bigger long-term threat to the euro than the dollar despite near-term USD weakness. Summary: The dollar weakened as …
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that …