The Latest Breaking News from BOJ

The yen extended its rally against the dollar Wednesday ahead of a much-anticipated Bank of Japan announcement, with debate centred on whether it will hike interest rates, while equities mostly rose on growing hopes for a cut in US borrowing costs.

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.50%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.50%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.38%. US stocks settled mixed on Tuesday, with the Dow Jones Industrials posting a 1-1/2...

The dollar index (DXY00 ) Tuesday fell by -0.01%. The dollar on Tuesday fell back from a 2-1/2 week high and finished little changed. Better-than-expected US economic news Tuesday on May S&P CoreLogic composite-20 home prices, Jun JOLTS job openings, and Jul consumer confidence supported the dollar. Also, the start...

The dollar index (DXY00 ) today is up +0.17% and posted a 2-1/2 week high. Better-than-expected US economic news today on May S&P CoreLogic composite-20 home prices, Jun JOLTS job openings, and Jul consumer confidence support the dollar. Also, the start of the 2-day FOMC meeting has sparked short-covering in...

September S&P 500 E-Mini futures (ESU24) are trending up +0.17% this morning as market participants braced for the start of the Federal Reserve’s two-day policy meeting while also awaiting the latest reading on U.S. job openings as well as an earnings report from tech giant Microsoft.

Investors are steeling themselves for more reports this week from other titans, including Microsoft, Facebook-parent Meta, Apple and Amazon.

Asian markets edged down Tuesday as investors jockey ahead of a slew of central bank decisions, key economic data and earnings from tech titans this week.

The dollar index (DXY00 ) Monday rose by +0.22% and posted a 2-week high. The dollar garnered support Monday from weakness in the Canadian dollar, which fell to an 8-1/2 month low against the dollar, and weakness in the British pound, which fell to a 3-1/2 week low against the...

The dollar index (DXY00 ) today is up by +0.33% at a 2-week high. The dollar is garnering support today from weakness in the Canadian dollar, which fell to an 8-1/2 month low against the dollar, and weakness in the British pound, which fell to a 3-1/2 week low against...

The dollar index (DXY00 ) today is trading slightly lower by -0.06%. The dollar is being undercut by today's -4.7 bp decline in the 10-year T-note yield to 4.194%, which followed the dovish US PCE deflator report, the Fed's preferred inflation measure. Today's PCE deflator report was close to expectations...

September S&P 500 E-Mini futures (ESU24) are trending up +0.82% this morning, signaling a rebound from yesterday’s slump, while investors looked ahead to the release of the Fed’s preferred inflation gauge.