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Afternoon Briefing 18 Sep: Yen Rises on Upcoming BoJ Meeting
Abstract：Let's look at the market review for 18th September.
Let's look at the market review for 18th September.
Asian Markets
Asian shares were mixed ahead of the central bank's decision to close tight markets this week as well as forecasts for the future.
European Markets
European stocks will open with a weaker trend as the Fed is in the spotlight this week and this weakness is beyond expectations.
US Pre-Open Markets
US stocks tend to experience a slight increase because Wall Street is waiting for the Fed meeting which is predicted to be as expected.
Commodities
Gold prices rose slightly because they were still waiting for a decision from the Fed on interest rates and the USD was predicted to continue to strengthen.
U.S. Treasury Yield
Treasury yields rose as investors digested inflation data and awaited an interest rate decision from the Fed.
Major Currency Pairs
The Japanese Yen tends to strengthen and the yen is in the spotlight ahead of the 'live' BOJ meeting because it is predicted that there will be an increase in the yen in the long term.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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