The dominance of the dollar in the foreign exchange market is becoming clear. Speculators are actively moving in anticipation of US President Trump’s policies, and some say that the exchange rate against the yen is again within the 160 yen range. Image taken on November 7 (2024 Reuters/Dado Ruvic/Illustration) TOKYO (Reuters) – The dollar is … Read more
Trump’s tariffs impact on Japan, hidden dangers still present – Hideo Kumano”/> There has already been a lot of coverage about President Trump, but I feel like there are still issues that haven’t been explored in depth. In this article, I would like to talk about trade, including Trump’s tariffs, and related exchange rates. Hideo … Read more
On November 11, the financial results of major Indian companies for the period July-September 2024 fell to the lowest quarterly level in the last four and a half years, and there is a growing perception that the economic slowdown starting to affect corporate profits. Photo taken at the National Stock Exchange on October 22, 2024 … Read more
slow pace, and inflation targets need “some caution” – BOJ member Adachi”/> On October 16, Bank of Japan Adviser Seiji Adachi said that until the rate of core price inflation reaches the 2% target in a steady and stable manner, the environment will remain largely accommodative, but the rate of inflation will be very slow … Read more
China’s tourism industry has seen a remarkable rebound during the May Day holiday, reaching pre-COVID levels with a 70.8% rise in domestic trips from the previous year, according to official government data reported by Reuters. This year’s figures, from the first travel season without restrictions since the pandemic, are being used as a gauge of … Read more
Oil prices experienced their biggest one-day percentage decline since early January, with Brent futures and West Texas Intermediate crude falling around 5% to a five-week low. The fall was fueled by increased concerns about the economy as US politicians discuss ways to avoid a debt default and investors prepare for more rate hikes this week. … Read more
According to data released by the United Nations, India is set to surpass China as the world’s most populous country, with an estimated population of 1.4286 billion by mid-year, compared to China’s estimated population of 1.4257 billion, or 2.9 million fewer. Although both countries will account for more than a third of the global population, growth rates … Read more
Canada’s largest diversified mining company, Teck Resources, recently helped the Toronto stock market extend its winning streak with impressive second-quarter earnings. The company’s strong financial performance provided a welcome boost to the Canadian economy amid the ongoing global uncertainty caused by the pandemic. With increased demand for commodities and a solid track record of responsible … Read more
The United States dollar weakened on Monday, amid anticipation of inflation data that is set to be released later this week. Investors are keeping a close eye on the figures, as rising inflation could lead to the Federal Reserve tightening its monetary policy sooner than planned. The greenback’s dip comes after a strong stretch in … Read more
Oil prices have been on the rise recently as hopes for a Chinese economic stimulus and a weaker dollar have buoyed the market. With China’s economy showing signs of slowing down, investors have been waiting for the government to announce a new round of stimulus measures, which could potentially increase demand for oil. Additionally, a … Read more