OctaFX | OctaFX Forex Broker
Anmelden
Konto eröffnen
Back

Japan: Exports increase, imports contract, yen likely to weaken – BBH

FXStreet (Delhi) – Research Team at BBH, note that Japan today reported August trade and the adjusted balance came in at –JPY359 bln vs. –JPY377 bln expected.

Key Quotes

“Exports rose 3.1% y/y vs. 4.3% expected, while imports contracted -3.1% y/y vs. -2.5% expected.”

“The yen may resume its weakening trend as we move into Q4, when many expect further BOJ easing measures in light of the weakening Japanese economy. Near-term, the yen will be driven by the Fed.”

Fed hike signals US economy back on track, may hurt EMs – Moody’s

While the US Federal Reserve rate increase by 0.25% will not have a significant impact on interest rates or currencies in developed countries, some emerging markets (EM) will have troubles to handle a rise in borrowing costs, Moody's said in a fresh report released on Thursday.
Mehr darüber lesen Previous

FOMC day: Embrace for some serious volatility in today’s session – Investec

Research Team at Investec, note that at present there is only a slim chance of an interest rate increase priced in. However what that does mean is that whatever the outcome there is likely to be some volatility, although the Fed’s accompanying statement is likely to be designed to temper any volatility bought about by their decision.
Mehr darüber lesen Next
Livechat starten