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Bessent's support for BOJ may clear political hurdles for June hike

Bessent's support for BOJ may clear political hurdles for June hike

By Leika Kihara TOKYO, May 20 (Reuters) - U.S. Treasury Secretary Scott Bessent's jab at Japan's dovish premier may help clear political hurdles for the Bank of Japan to raise interest rates in June, analysts say, though there is uncertainty on whether it can support the yen.

Trading Day: Lift off for stocks and bonds

Trading Day: Lift off for stocks and bonds

By Jamie McGeever ORLANDO, Florida, May 20 (Reuters) - Stocks rallied while oil and bond yields tumbled on Wednesday, on growing hopes that a U.S.-Iran peace deal could be imminent, and shares in chipmaker Nvidia fell in after-hours trade after the world's most valuable company released its latest

BOJ policymaker calls for rate hike, warns of war-led inflation overshoot

BOJ policymaker calls for rate hike, warns of war-led inflation overshoot

By Leika Kihara FUKUOKA, Japan, May 21 (Reuters) - The Bank of Japan should raise interest rates at an "appropriate pace" as price pressures from the Middle East war may push underlying inflation above its 2% target, board member Junko Koeda said, bolstering the case for a rate hike as soon as June.

Trading Day: Inflation palpitations

Trading Day: Inflation palpitations

By Jamie McGeever ORLANDO, Florida, May 19 (Reuters) - Wall Street fell on Tuesday, slammed again by inflation worries that pushed long-dated bond yields to the highest since 2007, as investors dismissed conflicting signals on U.S.-Iran talks and looked ahead to Nvidia's earnings on Wednesday.

Exclusive-US not in a hurry to extend China trade truce, Bessent says

Exclusive-US not in a hurry to extend China trade truce, Bessent says

By David Lawder PARIS, May 19 (Reuters) - The Trump administration is "not in a rush" to extend a tariff and critical minerals trade truce with China that ends in November, as there is time to renew it in meetings later this year, U.S. Treasury Secretary Scott Bessent said on Tuesday.

Bessent says high bond yields, energy prices are 'transient,' will ease as Iran war ends

Bessent says high bond yields, energy prices are 'transient,' will ease as Iran war ends

By David Lawder PARIS, May 20 (Reuters) - The Iran war energy shock, growing inflation concerns and fading interest rate-cut hopes may have bond investors and central bankers on edge but U.S.

Analysis-BOJ could temper its taper as bond wobbles rattle markets

Analysis-BOJ could temper its taper as bond wobbles rattle markets

By Leika Kihara TOKYO, May 19 (Reuters) - Financial market turbulence could force the Bank of Japan to go slow on the unwinding of its massive debt holdings, giving anxious bond investors some relief as surging yields lay bare worsening fiscal strains and inflation pressures.

Japan's economy grew more than expected in Q1

Japan's economy grew more than expected in Q1

By Leika Kihara TOKYO, May 19 (Reuters) - Japan's economy grew an annualised 2.1% in the first quarter, data showed on Tuesday, a sign it was on a solid recovery path before the energy shock caused by the Middle East conflict muddled the outlook.

G7 finance ministers explore responses to Iran war fallout

G7 finance ministers explore responses to Iran war fallout

By Makiko Yamazaki, Maria Martinez and David Lawder PARIS, May 19 (Reuters) - France's finance minister urged the International Monetary Fund and the World Bank to do more to help countries most vulnerable to the fallout from the Middle East conflict, as he hosted ministers from the G7 and other

Asian shares mixed, bonds recover as oil eases on Trump's Iran comments

Asian shares mixed, bonds recover as oil eases on Trump's Iran comments

By Rae Wee SINGAPORE, May 19 (Reuters) - Asian shares wobbled on Tuesday while bonds found their footing following a steep selloff after U.S. President Donald Trump's decision to pause a planned attack on Iran and his claim there was a good chance of a nuclear deal sent oil prices lower.

Morning Bid: Markets in uneasy calm as inflation fears take root

Morning Bid: Markets in uneasy calm as inflation fears take root

A look at the day ahead in European and global markets from Rae Wee Market sentiment remained fragile on Tuesday even after U.S.

Under pressure: Tracking the pain in G7 government debt

Under pressure: Tracking the pain in G7 government debt

By Yoruk Bahceli, Ben Welsh, Dhara Ranasinghe and Rocky Swift LONDON, May 18 (Reuters) - The world's major economies have seen their debt levels surge in recent years, while ever-increasing spending demands - from ageing populations to climate change and defence - add to the pressure.