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Dollar wobbles as comments of Fed's Powell put focus on Sept rate cut

FOREX-Dollar wobbles as comments of Fed's Powell put focus on Sept rate cut Updates at 0510 GMT By Ankur Banerjee SINGAPORE, July 16 (Reuters) - The dollar crept off five-week lows on Tuesday, as investors weighed the case for a September rate cut after comments by Fed Chair Jerome Powell and rising odds for the re-election of former President Donald Trump .
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Asian currencies tepid after dollar steadies, stocks mixed

EMERGING MARKETS-Asian currencies tepid after dollar steadies, stocks mixed Indonesia's rupiah, shares slip Indonesia c.bank to keep interest rate unchanged on Wednesday - poll Malaysian stocks touch over 3-year high U.S. dollar recovers from around 5-week low By Shivangi Lahiri July 16 (Reuters) - Asian emerging market currencies were subdued on Tuesday and equities were mixed as the dollar steadied, while the Indonesian rupiah and shares slipped ahead of a monetary policy meeting.
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Asian currencies tepid after dollar steadies, stocks mixed

EMERGING MARKETS-Asian currencies tepid after dollar steadies, stocks mixed Indonesia's rupiah, shares slip Indonesia c.bank to keep interest rate unchanged on Wednesday - poll Malaysian stocks touch over 3-year high U.S. dollar recovers from around 5-week low By Shivangi Lahiri July 16 (Reuters) - Asian emerging market currencies were subdued on Tuesday and equities were mixed as the dollar steadied, while the Indonesian rupiah and shares slipped ahead of a monetary policy meeting.
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Japan's Nikkei rises as market gauges US election outlook, yen strength

Japan's Nikkei rises as market gauges US election outlook, yen strength By Brigid Riley TOKYO, July 16 (Reuters) - Japan's Nikkei share average rose on Tuesday, tracking gains in Wall Street, as investors assessed whether an assassination attempt on U.S. presidential candidate Donald Trump increased his chances of winning the November elections. The Nikkei .N225 was up 0.51% at 41,399.72 by the midday break and the broader Topix .TOPX climbed 0.8% to 2917.04. Japan's markets were closed on Monda
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Japan keeps up warnings against sharp yen falls

UPDATE 1-Japan keeps up warnings against sharp yen falls Adds Hayashi's quotes in paragraphs 2-3, yen moves and context in paragraphs 5-8 By Leika Kihara TOKYO, July 16 (Reuters) - Japanese authorities stand ready to take all possible measures in the currency market as excessively volatile moves are undesirable, Chief Cabinet Secretary Yoshimasa Hayashi said on Tuesday.
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Asian shares fall as China drags, dollar in demand

GLOBAL MARKETS-Asian shares fall as China drags, dollar in demand By Stella Qiu SYDNEY, July 16 (Reuters) - Asian shares fell on Tuesday as investors pondered the prospect of a Trump victory and what that would mean for China, while the dollar climbed for a second day even though dovish Fed comments fuelled bets of more U.S. rate cuts this year. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.5%, having eased 0.3% on Monday.
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Japan futures extend losses on soft Chinese economic data

RUBBER-Japan futures extend losses on soft Chinese economic data SINGAPORE, July 16 (Reuters) - Japanese rubber futures fell for the third straight session on Tuesday, pressured by soft economic data from top consumer China, and weaker oil prices. The Osaka Exchange (OSE) rubber contract for December delivery JRUc6 , 0#2JRU: was down 6.7 yen, or 2.06%, at 318.2 yen ($2.01) per kg as of 0155 GMT.
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Dollar drifts as Powell comments bring September rate cut in focus

FOREX-Dollar drifts as Powell comments bring September rate cut in focus By Ankur Banerjee SINGAPORE, July 16 (Reuters) - The dollar hung around five-week lows on Tuesday as comments from Federal Reserve Chair Jerome Powell bolstered the case for a rate cut in September, while cryptocurrenices gained on rising odds of former President Donald Trump getting reelected.
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Japan finds a 'stealth' cure for zombie businesses: Let them fail

INSIGHT-Japan finds a 'stealth' cure for zombie businesses: Let them fail By Makiko Yamazaki, Ritsuko Shimizu, Anton Bridge KAKAMIGAHARA, Japan, July 16 (Reuters) - For much of its 72 years, Hitoshi Fujita's company was just another mom-and-pop business grinding out metal parts. Then it did something unusual for a small Japanese manufacturer: it expanded, buying two neighboring firms in the last decade.
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USD/JPY on hold around 158.00 after latest intervention

BUZZ-USD/JPY on hold around 158.00 after latest intervention USD/JPY 158.03-31 EBS so far in Asia after the latest Japanese intervention Relatively large MOF JPY action seen from Thursday of last week Low of 157.30 Friday, 157.17 yesterday as Tokyo holiday-ed Technically, some support around 55-DMA at 157.57, daily kijun 158.84 above Hourly Ichi cloud 158.17-159.53, on the wide, to help cap upside?
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Stocks, Treasury yields gain as odds of Trump win increase

GLOBAL MARKETS-Stocks, Treasury yields gain as odds of Trump win increase Dow registers record high close PredictIt shows increased chance of Republican win Crypto stocks higher Updates to 5:00 p.m. (2100 GMT By Caroline Valetkevitch NEW YORK, July 15 (Reuters) - World stock indexes and Treasury yields rose on Monday as investors weighed the prospect of Republican Donald Trump winning the U.S.
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China misery deepens, US curve steepens

MORNING BID ASIA-China misery deepens, US curve steepens By Jamie McGeever July 16 (Reuters) - A look at the day ahead in Asian markets. Asia's economic calendar is remarkably light on Tuesday, allowing markets to take their cue from broader drivers such as China's deepening economic malaise , the shifting outlook for U.S. monetary policy , and the Q2 earnings season on Wall Street.
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Dollar lower after Powell, crypto climbs as investors eye Trump win

FOREX-Dollar lower after Powell, crypto climbs as investors eye Trump win Updated at 3:13 p.m. ET/ 1913 GMT By Chuck Mikolajczak NEW YORK, July 15 (Reuters) - The dollar fell slightly on Monday a fter comments from Federal Reserve Chair Jerome Powell, while cryptocurrencies rose on bets that an assassination attempt on former President Donald Trump lifted his reelection chances .
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Stocks, Treasury yields gain as investors assess prospect of Trump win

GLOBAL MARKETS-Stocks, Treasury yields gain as investors assess prospect of Trump win Dollar dips, bond yields up after Trump attack PredictIT shows increased chance of Republican win Crypto stocks higher Updates to 3 p.m. ET/1900 GMT By Caroline Valetkevitch NEW YORK, July 15 (Reuters) - World stock indexes and Treasury yields rose on Monday while the dollar dipped as investors weighed the prospect of Republican Donald Trump winning the U.S.
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US recap: EUR/USD fizzles as politics, policy grow choppy for dollar

BUZZ-COMMENT-US recap: EUR/USD fizzles as politics, policy grow choppy for dollar Dollar jitters vs yen persist with brief break below 55DMA AUD/USD -Consolidation persists ahead of US sales data risk July 15 (Reuters) - The dollar rose modestly against the other majors on Monday, rebounding off multi-month lows in some cases as investors sought to navigate though a choppy confluence of political and monetary policy factors following a weekend assassination attempt against Donald Trump.
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Stocks rise, yields up as investors assess prospect of Trump win

GLOBAL MARKETS-Stocks rise, yields up as investors assess prospect of Trump win Dollar dips, bond yields up after Trump attack PredictIT shows increased chance of Republican win Crypto stocks higher Updates to 11:30 a.m. ET (1530 GMT By Caroline Valetkevitch and Isla Binnie NEW YORK, July 15 (Reuters) - World stock indexes and Treasury yields rose on Monday while the dollar dipped as investors weighed the prospect of Republican Donald Trump winning the U.S.
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Stocks rise, yields up as investors assess prospect of Trump win

GLOBAL MARKETS-Stocks rise, yields up as investors assess prospect of Trump win Dollar dips, bond yields up after Trump attack PredictIT shows increased chance of Republican win Crypto stocks higher Updates to 11:30 a.m. ET (1530 GMT By Caroline Valetkevitch and Isla Binnie NEW YORK, July 15 (Reuters) - World stock indexes and Treasury yields rose on Monday while the dollar dipped as investors weighed the prospect of Republican Donald Trump winning the U.S.
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USD/JPY recovery falters at first hurdle

BUZZ-COMMENT-USD/JPY recovery falters at first hurdle July 15 (Reuters) - A rather tepid start to the week for USD/JPY with the pair anchored to the 158 handle. While there have been modest attempts at a recovery, price action has in large parts been skittish as traders continue to show concerns over the possibility of currency intervention . Thus far, dip buyers have been left disappointed with USD/JPY failing at its first hurdle at 158.40, which marks the 23.6% fib of the drop fueled by CPI an
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Charts to Watch-GBP/USD red flag, Yen intervention, Canadian CPI

BUZZ-Charts to Watch-GBP/USD red flag, Yen intervention, Canadian CPI July 15 (Reuters) - Chart 1: Red flags for GBP/USD bulls A surprisingly hawkish speech from Bank of England’s Chief Economist, Huw Pill, which in turn has cast a doubt over an August rate cut – now priced as a 50/50 chance – has paved the way for cable to reach 1.30. Sterling has also capitalized on a softer dollar following last week's soft U.S.
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Dollar dips ahead of Powell, bitcoin climbs as investors weigh Trump win

FOREX-Dollar dips ahead of Powell, bitcoin climbs as investors weigh Trump win Updated at 10:30 a.m. ET/ 1430 GMT By Chuck Mikolajczak NEW YORK, July 15 (Reuters) - The dollar retreated from earlier highs on Monday ahead of comments from Federal Reserve Chair Jerome Powell, while cryptocurrencies rose on bets an assassination attempt on former President Donald Trump has boosted his re-election chances .
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