LONDON, Dec 13- Global equities headed for their biggest two-week drop since June and the dollar hit 5- year highs against the yen on Friday amid concern the U.S.» Read More
TOKYO, Dec 13- The Nikkei stock average ended a three-day run of losses on Friday as the yen slumped to a five-year low against the dollar following strong U.S. retail sales data, lifting the appeal of Japanese equities.
*Upbeat U.S. retail sales data helps lift greenback. By Lisa Twaronite and Ian Chua. TOKYO/ SYDNEY, Dec 13- The U.S. dollar clambered to a 5- year peak against the yen in Asia on Friday, after upbeat U.S. retail sales data stoked expectations the U.S.
*Data due Wednesday Dec 18 8:50 am JST/ Tuesday Dec 17 2350 GMT. TOKYO, Dec 13- Japan's ongoing trade deficit is expected to head toward a record high in November, a Reuters poll found, a stark reminder of how severely the weak yen drives up the cost of imported fossil fuels.
Adam Hewison, President & Chief Strategist at INO.com tells CNBC's Cash Flow why he thinks Japan has a good blueprint in place for recovery.
TOKYO, Dec 13- The Nikkei stock average seesawed on Friday after a three-day run of losses, though traders said renewed weakness in the yen against the dollar following strong U.S. retail sales data should offer support to the market.
Other share markets in Asia took their lead from a soft finish on Wall Street. MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.2 percent in early trade, while Korea's KOSPI dipped 0.5 percent.
*Gold slumps to lowest since late June. SYDNEY, Dec 13- Asian markets are likely to stay under pressure on Friday as investors fret over the outlook for U.S. policy stimulus, though Japanese stocks could draw comfort from a reversal in the yen against the dollar.
TOKYO, Dec 13- The Bank of Japan's commitment to ultra-easy monetary policy has revived the appeal of the yen to fund investments in higher-yielding assets, though analysts and market participants say the so-called yen carry trade has yet to catch fire.
LONDON, Dec 12- The euro hovered near a two-year high against the dollar and a five-year peak versus the yen on Thursday, helped by higher short term market rates and year-end repatriation by European banks shoring up balance sheets.
*Hopes for U.S. economic recovery, softer yen seen lifting index. *Market expects rising corporate profits. TOKYO, Dec 12- A weaker yen is forecast to help boost corporate earnings and drive Japan's Nikkei to double-digit gains next year, a Reuters poll found on Thursday.
TOKYO/ SYDNEY, Dec 12- The yen retreated toward recent lows against the dollar and the euro in Asia on Thursday, failing to capitalise on a small bounce as markets positioned for a possible scaling back of the Federal Reserve's stimulus as early as next week.
*Yen broadly firmer as Wall Street comes under pressure. SYDNEY, Dec 12- The yen held firm in Asia on Thursday, having risen broadly on the back of a slump on Wall Street as expectations grew the Federal Reserve could scale back stimulus as early as next week.
LONDON, Dec 11- The euro inched higher against the dollar on Wednesday, driven by dwindling excess cash in the euro zone banking system, but fell against the yen as investors locked in profits from this year's rally. The euro was up 0.1 percent against the dollar at $1.3767, not far from the six-week high of $1.3795 it hit on Tuesday.
LONDON, Dec 11- The yen rose for a second day on Wednesday as global stock markets fell and as investors locked in profits from the dollar and euro's strong rallies this year against the Japanese currency. The dollar was 0.3 percent lower against the yen at 102.54 yen, while the euro was 0.4 percent down at 140.98 yen.
LONDON, Dec 10- The euro rose to a six-week peak against the dollar on Tuesday and hovered just below a five-year peak versus the yen, helped by higher short-term market rates and the European Central Bank's reluctance to ease policy again. Against the dollar, the euro was slightly higher at $1.3745, not far from a two-year high of $1.3833 set in late October.
LONDON, Dec 10- The euro hit a fresh five-year high on the yen and a six-week peak against the dollar on Tuesday as expectations for further near-term stimulus from the European Central Bank faded. Against the dollar, the euro was at $1.3755, up 0.1 percent and getting closer to a two-year high of $1.3833 set in late October.
Glen Wood, Head of Sales, Global at Mitsubishi UFJ Morgan Stanley Securities, outlines the raft of investment opportunities in Japan right now.
Commodities trader Dennis Gartman shares his top trades to close out the year.
SYDNEY, Dec 10- The euro stayed bid in Asia on Tuesday, having scaled a fresh five-year high on the yen and six-week peak against the dollar as expectations for further stimulus from the European Central Bank continued to fade.
NEW YORK, Dec 9- The euro rose to a six-week high against the dollar and a five-year peak versus the yen on Monday, helped by tighter money market conditions in the euro zone and China's strong trade numbers which have boosted investor tolerance for riskier currencies.