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Analysis-Investors reload yen shorts in intervention test

Analysis-Investors reload yen shorts in intervention test

By Gregor Stuart Hunter and Rocky Swift SINGAPORE, April 29 (Reuters) - Investors have built the biggest short yen position in nearly two years, selling the currency against the euro, Swiss franc, British pound and Australian dollar in a bet that neither rate hikes nor risk of intervention will come

Dollar holds firm after Fed raises inflation alarm, yen slips past 160

Dollar holds firm after Fed raises inflation alarm, yen slips past 160

By Jiaxing Li HONG KONG, April 30 (Reuters) - The dollar hovered near its highest in more than two weeks on Friday after some Federal Reserve policymakers turned hawkish, sending yields to a one-month top, while the Japanese yen's break above 160 sharpened focus on intervention risks.

Stagflation risks stacking up as Iran war enters third month

Stagflation risks stacking up as Iran war enters third month

By Alun John, Yoruk Bahceli and Dhara Ranasinghe LONDON, April 30 (Reuters) - Financial markets are finding it harder to look past the rising economic costs of the Iran war as the continued closure of the Strait of Hormuz prolongs the world's biggest-ever disruption to energy supplies.

Dollar steady as investors brace for Fed decision in face of war

Dollar steady as investors brace for Fed decision in face of war

By Rae Wee SINGAPORE, April 29 (Reuters) - The dollar firmed on Wednesday as investors awaited a closely watched Federal Reserve rate decision in what was likely to be Chair Jerome Powell's swan song, with war in the Middle East raging and hopes for an imminent resolution dimming.

Japan's factory output in surprise fall as Iran war takes toll on petroleum-based products

Japan's factory output in surprise fall as Iran war takes toll on petroleum-based products

By Kantaro Komiya and Leika Kihara TOKYO, April 30 (Reuters) - Japan's factory output unexpectedly fell in March as production tumbled for a range of chemical and petroleum-based goods, data showed on Thursday, suggesting the Middle East conflict is beginning to harm the country's fragile economy.

Spot crude premiums ease from record highs despite Hormuz closure

Spot crude premiums ease from record highs despite Hormuz closure

By Siyi Liu, Florence Tan and Seher Dareen SINGAPORE/LONDON, April 29 (Reuters) - Spot premiums for physical crude have slipped from record highs reached earlier during the Iran war as refiners are drawing on inventories and cutting back processing to cope with lost Middle East supply, traders and

Trading Day: Chips off the table

Trading Day: Chips off the table

By Jamie McGeever ORLANDO, Florida, April 28 (Reuters) - U.S. tech stocks dived on Tuesday, slammed by worries over the sector's lofty growth expectations ahead of key earnings reports, while another rise in oil prices stoked concerns over central banks' ability to navigate the darkening outlook for

BOJ warns inflation could rise well above target in risk scenario

BOJ warns inflation could rise well above target in risk scenario

By Leika Kihara TOKYO, April 30 (Reuters) - The Bank of Japan is projecting core inflation hovering around 3%, well above its 2% target, for two years in a row under a risk scenario of elevated oil prices and a weakening yen, highlighting the economy's vulnerability to an energy shock.

Yen steady as BOJ kicks off big week for central banks

Yen steady as BOJ kicks off big week for central banks

By Gregor Stuart Hunter SINGAPORE, April 28 (Reuters) - The Japanese yen steadied in the Asian morning on Tuesday ahead of the Bank of Japan's latest policy decision, the first in a busy week for major central banks including the Federal Reserve as the Iran war loomed large over policymakers and

Investors react to BOJ's decision to hold rates

Investors react to BOJ's decision to hold rates

April 28 (Reuters) - The Bank of Japan kept interest rates steady on Tuesday, but three of the nine-member board proposed hiking borrowing costs, signalling policymakers' concerns over inflationary pressures from the Middle East conflict.

Asian stocks meander ahead of tech earnings, BOJ awaits

Asian stocks meander ahead of tech earnings, BOJ awaits

By Ankur Banerjee SINGAPORE, April 28 (Reuters) - Asian stocks held near record highs and the dollar was muted on Tuesday as investors weighed the geopolitical maelstrom in the Middle East and braced for megacap earnings and a slate of central bank meetings, with the Bank of Japan due later in the

Bank of Japan set to keep rates steady as Iran war clouds outlook

Bank of Japan set to keep rates steady as Iran war clouds outlook

By Leika Kihara TOKYO, April 28 (Reuters) - The Bank of Japan is widely expected to hold off raising interest rates on Tuesday, but drop hawkish signals to leave itself scope to push up borrowing costs in coming months to counter inflationary pressure from the Middle East conflict.