Japan has been conditioning the US and Europe for Tokyo’s potential intervention against the rising yen, according to Naoto Kan, prime minister.
The expression “new 15-year high” is getting to be old hat for the yen’s strength against the dollar, but the strong Japanese currency trade could still have some legs.
A stronger yen is good news for German machinery and auto companies whose main competitors often are based in Japan. The New York Times reports.
Stocks could finish August on a cranky note before entering September - historically the worst performing month for stocks.
Analysts at JPMorgan Chase lowered their price forecast and urged clients to sell oil. But how are the traders playing this call?
The final days of summer could bring more disappointing employment and manufacturing data, setting the stage for a choppy September.
Investors need to be very careful about investing in risky assets as markets remain in a state of "heightened alert", said Simon Warner, head of macro markets at AMP Capital on CNBC's Protect Your Wealth.
Dismal news on housing overwhelmed stocks Tuesday, and the markets now look to Wednesday's housing and durable goods reports with newly lowered expectations.
Japanese economic officials have long been accused of moving too slowly and timidly in reponse to a decade-long deflation, and they now seem to have few good options, whatever their will for pursuing them. The NYT reports.
Investors betting on the tech replacement cycle should "prepare to be fried", warned chartist Daryl Guppy, CEO of Guppytraders.com.
The dollar continued its slide against the yen on Wednesday, moving within sight of a 15-year low versus the Japanese currency. Just how low will the dollar-yen go?
Only a few weeks ago, the dollar was powering towards its highest levels in four years, the beneficiary of widespread gloom about Europe’s debt crisis and rising optimism about the US recovery. Since then, investors have soured on the world’s largest economy. The FT reports.
The July rise in wheat prices, the fastest in 51 years, indicates that shortages in agriculture are coming, Jim Rogers, chairman of Rogers Holdings, told CNBC.com Tuesday.
The euro has taken a beating in the past few weeks as concerns over the fiscal stability of the euro zone cause investors to sell the currency. But Royce Tostrams, technical analyst at Tostrams Groep, told CNBC on Friday that the euro is an 'ugly duckling' story and has both short- and long-term potential.
Treasury Secretary Tim Geithner said on Tuesday he planned to emphasize the need for a stronger Chinese yuan when he visits Beijing next week, amid some recent speculation that the country could relax its exchange-rate regime.
Gold will sell at $2,000 an ounce by the end of the year and could hit $5,000 an ounce by 2012-2014, Robert McEwen, chairman of U.S. Gold , a gold exploration company told CNBC on Monday.
If you’re looking for a market ‘tell’ keep your eye on this, says Todd Gordon of Forex.com. It's often a leading indicator for equities.