Dollar-yen climbs to mid-158 level as surging US 10-year Treasury yields to 4.5% drive dollar strength, while Japanese supplementary budget concerns and import demand add yen selling pressure despite intervention risks limiting further weakness
#YonhapInfomax #DollarYen #USTreasuryYields #FederalReserve #JapaneseYen #RetailSales #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=120825
[Tokyo Foreign Exchange Market]Dollar-Yen Rises to Mid-158 Level as US Long-Term Yields Surge

Dollar-yen climbs to mid-158 level as surging US 10-year Treasury yields to 4.5% drive dollar strength, while Japanese supplementary budget concerns and import demand add yen selling pressure despite intervention risks limiting further weakness

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New York's three major stock indices closed higher as strong retail sales data drove buying into cyclical stocks, pushing the Dow Jones Industrial Average above 50,000 despite U.S. import prices hitting a four-year high and raising inflation concerns.
#YonhapInfomax #DowJonesIndustrialAverage #RetailSales #CyclicalStocks #ImportPrices #InflationConcerns #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=120629
[New York Stock Market - First Report]Warmth Spreads to Blue Chips... Dow Reclaims 50,000

New York's three major stock indices closed higher as strong retail sales data drove buying into cyclical stocks, pushing the Dow Jones Industrial Average above 50,000 despite U.S. import prices hitting a four-year high and raising inflation concerns.

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US retail sales rose 0.5% month-over-month in April to $757.09 billion, meeting market expectations but slowing sharply from March's 1.6% gain, as consumers increased fuel spending while cutting back on autos and furniture amid elevated oil prices from the Iran conflict.
#YonhapInfomax #RetailSales #ConsumerSpending #GasolineStations #ECommerce #MonthlyGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=120616
Seoul's bond market eyes rate peak perception as 3-year treasury yields retreat from 3.70%, with traders monitoring Trump-Xi summit and questioning whether four rate hikes remain likely amid prolonged war concerns and potential demand destruction from high oil prices
#YonhapInfomax #TreasuryYields #MonetaryPolicyCommittee #RateHikes #InflationConcerns #RetailSales #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=120447
Global economic calendar for May 7 features BOJ monetary policy minutes, Eurozone retail sales, US weekly jobless claims, and multiple ECB and Fed official speeches throughout the day
#YonhapInfomax #BankOfJapan #EuropeanCentralBank #InitialJoblessClaims #RetailSales #MonetaryPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=119219
3 CIBC: … well above the 0.2% consensus expectation, while the prior month's reading was revised up by a tick to 0.6%. #retailsales #usecon
2 CIBC: However, that didn't stop #consumers from #spending elsewhere, as the control group of sales that feeds more directly into non-auto goods #consumption in #GDP (and excludes gasoline, autos, restaurants, and building materials) posted a 0.7% increase … 🧡 #usecon #retailsales
1 CIBC: #Retailsales surged in the #US in March, driven both by higher #gasoline #prices and resilience in discretionary categories. The 1.7% headline increase was above the consensus expectation of 1.4% and included a 16% jump in gasoline station receipts. 🧡 #usecon
Global markets await key economic data releases including UK unemployment, US retail sales, and pending home sales, while Fed Chair nominee Kevin Warsh faces confirmation hearing amid heightened policy uncertainty
#YonhapInfomax #EconomicIndicators #FederalReserve #RetailSales #KevinWarsh #GlobalMarkets #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=116525
ING Bank reports China's Q1 GDP exceeded expectations at 5.0% year-on-year growth, driven by services and industrial production, but warns high oil prices from Middle East tensions could constrain growth in coming months as retail sales momentum slows to 2.4% for the quarter.
#YonhapInfomax #ChinaGDP #INGBank #OilPrices #ServicesGrowth #RetailSales #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=115938
ING - China's Q1 GDP Positive, But High Oil Prices Bear Watching

ING Bank reports China's Q1 GDP exceeded expectations at 5.0% year-on-year growth, driven by services and industrial production, but warns high oil prices from Middle East tensions could constrain growth in coming months as retail sales momentum slows to 2.4% for the quarter.

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