Asian stocks edged up on Friday, drawing support from unexpectedly strong growth in China's economy at the end of last year, although gains were limited by caution ahead of Donald Trump's inauguration as U.
BoJ and RBA decisions dominate 2025’s early trends. Wage growth, inflation, and China’s stimulus measures drive Forex markets. Read key insights here.
Bank of Japan Gov. Kazuo Ueda echoed recent comments that have revived market expectations for imminent policy action.
SINGAPORE--The yen was poised on Friday for its strongest weekly performance in over a month as expectations grow that the Bank of Japan will raise rates next week, putting the dollar on the back foot ahead of Donald Trump’s return to the White House.
The announcement by the People's Bank of China that it has suspended treasury bond purchases due to the asset's scarcity highlights the limitations of its resources as it confronts an increasingly challenging economic environment.
The Kobeissi Letter indicated that China recorded lower interest rates for the first time in 30 years than Japan. The report also highlighted that China’s economy is currently described as a “deflationary spiral,
Japan's headline inflation is at 2.9% year-over-year, at a 3-month high. A hot inflation print could set bitcoin back.
Bank of Japan Deputy Governor Ryozo Himino has signaled that an interest rate hike may be on the cards at the monetary policy meeting on January 23-24, as many of the shocks to the Japanese economy and deflationary factors have been resolved.
Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
The tone in global stocks turned weaker on Friday as Asian shares tracked overnight losses on Wall Street, even as bond yields slid amid a revival in bets that the Federal Reserve will cut interest rates in June.
Alibaba's recent strong quarter, focusing on efficiency and shareholder returns, makes it a buy despite macroeconomic challenges in China. Read more on BABA here.
U.S. Focus will fall on Trump’s inauguration. Monday is a public holiday in the U.S. but policy announcements are widely expected to result in volatility across financial market