イギリス貿易収支

イギリス建設成果前年同期比

イギリス鉱工業生産前年比

イギリス鉱工業生産前月比

The dollar index fell below 101.5 on Wednesday, paring recent gains as investors reacted to the first and only debate between US presidential hopefuls Kamala Harris and Donald Trump before the November election. Analysts suggested that chances for a Harris presidency rose slightly, putting pressure on the dollar which has been supported by expectations of more tariffs and increased fiscal spending under another Trump presidency. Markets also geared up for the August consumer inflation report that could help determine the scale of an expected interest rate cut from the Federal Reserve next week. Fed officials indicated readiness to start dialing back restrictive policy this month, with Fed Governor Christopher Waller saying he’d be open to a substantial reduction if necessary. Markets are currently assigning a 66% chance of a 25 basis point rate cut, with 34% odds still seen for a larger 50 bps reduction, according to the CME’s FedWatch Tool.

Dollar Slips After US Presidential Debate

The offshore yuan appreciated past 7.11 per dollar, rebounding from three consecutive sessions of decline. This uptick occurred as traders lowered the chances of Donald Trump winning the US presidency, which in turn reduced the likelihood of additional tariffs, including his proposed blanket 10% import tariff and significantly higher levies on Chinese goods. Meanwhile, earlier in the week, China reported robust export growth but sluggish import growth, with consumer inflation falling short of market expectations, suggesting weak domestic demand. Traders now look ahead to upcoming U.S. inflation report due later today, as well as key domestic data, including industrial production, retail sales, and the unemployment rate, set to be released on Saturday.

Offshore Yuan Rebounds as Trump’s Chances Wane

Japan’s 10-year government bond yield fell to around 0.85% even after Bank of Japan board member Junko Nakagawa said that the central bank will continue raising interest rates if inflation moves in line with its outlook. She added that the tight job market and continued increases in import prices present upside risks to inflation. Moreover, she noted that real interest rates remain deeply negative despite the July rate hike. Markets are betting that the BOJ will raise rates again before the year ends in an effort to hike borrowing costs steadily. On the data front, a private survey showed that manufacturing sentiment in Japan declined to a seven-month low in September amid concerns about soft Chinese demand.

Japan 10-Year Yield Falls Despite Hawkish BOJ

The New Zealand dollar traded around $0.614 as investors looked ahead to the release of US consumer inflation data later today, which could offer more clues on how much the Federal Reserve will cut rates at its meeting next week. Domestically, investors continue to assess the magnitude of rate cuts expected from the Reserve Bank of New Zealand in its last two meetings this year. The RBNZ unexpectedly began its easing cycle in August with a 25-basis point rate cut, marking its first reduction since tightening policy in the pandemic's aftermath to control inflation. Markets currently see the 5.25% cash rate to decline to 3.0% by late next year.

話題の銘柄と投資戦略を提供します

タイムリーなニュースや経済イベント＆アイデアで、賢く投資を。

最新ニュース