*Europe stocks drop as global sell-off continues. LONDON, Oct 2- World stocks and oil were knocked hard on Thursday after global manufacturing data and an Ebola health scare in the United States spooked markets, sending investors scurrying to the safety of U.S. bonds, the yen and gold. Confirmation of a case of Ebola in the United States joined a growing list of...» Read More
TOKYO, Oct 2- Asian stocks fell on Thursday as weak global manufacturing activity and an Ebola health scare in the United States spooked world markets, sending investors scurrying to the safety of U.S. bonds, the Japanese yen and gold. Investors warmed to the yen after a slew of surveys showed German factory activity shrank for the first time in 15 months, China's...
SYDNEY, Oct 2- The safe-haven yen held onto solid gains early on Thursday after disappointing manufacturing surveys from around the globe triggered a run on risk, while the euro stayed defensive as a policy review by the European Central Bank loomed. Investors warmed to the Japanese currency after a slew of surveys showed German factory activity shrank for the...
NEW YORK, Oct 1- The dollar pulled back from six-year highs against the yen to trade little changed on Wednesday, weighed down by a drop in U.S. Investors also booked profits on long U.S. dollar positions ahead of key event risks- the European Central Bank's monetary policy meeting on Thursday and Friday's U.S. non-farm payrolls report.
LONDON, Oct 1- The dollar rose above 110 yen for the first time in six years and held near a two-year peak against the euro on Wednesday as investors added to bets that U.S. economic data will lead the Federal Reserve to tighten monetary policy. The dollar was up 0.25 percent at 109.90, having risen past 110 yen during Asian trade.
LONDON, Oct 1- The dollar rose above 110 yen for the first time in six years and held near a two-year peak against the euro on Wednesday, as investors added to bets that U.S. data will drive the Federal Reserve to tighten policy. The dollar was up 0.2 percent at 109.90, having risen past 110 yen during Asian trade.
Shusuke Yamada, FX strategist at Bank of America Merrill Lynch, discusses Wednesday's Bank of Japan Tankan survey and explains his year-end target of 108 for the dollar-yen.
TOKYO/ SYDNEY, Oct 1- The dollar struck a six-year high against the yen and was poised near a two-year peak against the euro, while gathering more bullish impetus on Wednesday as weaker than expected Australian retail sales data sparked selling on Australian dollar.
Eisuke Sakakibara, Former Vice Finance Minister of Japan from 1997-1999, explains why he think the yen will trade below 112 per dollar.
*Ibiden tumbles after cutting profit outlook. TOKYO, Oct 1- Japan's Nikkei share average was little changed in choppy trade on Wednesday, with a weak yen supporting sentiment despite mixed data from the Bank Of Japan's tankan survey. "The tankan survey gave the market a mixed message," said Hikaru Sato, a senior technical analyst at Daiwa Securities.
Izumi Devalier, Japan Economist at HSBC, says recent weakness in the Japanese currency helped business sentiment in the July-September period.
Expectations of Fed tightening may spur fears of a rerun of emerging market turmoil, but Societe Generale tips a strong dollar as a bigger risk.
*Hong Kong dollar falters after pro-democracy demonstrations. LONDON, Sept 29- The dollar rose to new multi-year highs against the yen, euro and a basket of currencies on Monday, a three-month-old rally showing no signs of dissipating before a week of important economic set pieces.
Hong Kong dollar falters in face of pro-democracy demonstrations. The greenback also rallied to a 13- month high against the New Zealand dollar after Reserve Bank of New Zealand data showed that the central bank intervened last month to speed its currency's descent.
*Hong Kong dollar falters in face of pro-democracy demonstrations. Asian market attention turned to Hong Kong, where democracy protesters defied volleys of tear gas and police baton-charges in the centre of the financial hub.
LONDON, Sept 26- The dollar was back on the front foot against the yen and several other major currencies on Friday, on track for an 11th straight weekly gain that extends its longest winning streak since its 1971 free float.
TOKYO, Sept 26- The dollar pared earlier losses and gained against the yen on Friday after Japan's welfare minister said reforms for the country's giant pension fund would continue as planned. The dollar had stumbled overnight as a sell off on Wall Street favoured the safe-haven yen.
*Japan retail investors shift toward chasing dollar higher. *Japan govt, companies no longer cheering yen's fall. TOKYO, Sept 26- Japan's legions of retail foreign-exchange traders, popularly known as Mrs Watanabe, are turning into sellers of yen.
NEW YORK, Sept 24- The dollar rose again on Wednesday, wiping out early gains in the yen against the greenback coming after Japanese Prime Minister Shinzo Abe voiced concern about the economic impact of the Japanese currency's fall to a six-year low.
Kyle Bass, Hayman Capital Management, says Japan is facing an economic crisis that could lead to two outcomes.
Larry Kantor, Barclays head of research, and Kyle Bass, Hayman Capital Management, discuss where they see the best opportunities in global markets.