US January Retail Sales Fall 0.2%, Missing Market Forecast of 0.3% Decline
US retail sales declined 0.2% in January, slightly better than market expectations of a 0.3% drop, signaling modest consumer spending weakness
The dollar-yen exchange rate fell to 152.484 as investors unwound yen short positions following Japan's Lower House election, with U.S. retail sales data and official comments supporting the yen's strength.
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[Tokyo Foreign Exchange Market]Dollar-Yen Falls as Investors Unwind Yen Short Positions
The dollar-yen exchange rate fell to 152.484 as investors unwound yen short positions following Japan's Lower House election, with U.S. retail sales data and official comments supporting the yen's strength.
NDF, 1,457.20/1,457.60 Won—Down 0.10 Won
The one-month dollar-won NDF closed slightly lower at 1,457.40 won in New York, as the US dollar weakened amid mixed US economic data and cautious Fed commentary.
South Korean government bond futures rose in overnight trading as concerns over weakening US consumer demand and softer wage growth data drove yields lower, with the 10-year contract up 10 ticks and trading volumes surging.
#YonhapInfomax #GovernmentBondFutures #USRetailSales #TreasuryYields #TradingVolume #EmploymentCostIndex #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=104872
Government Bond Futures Rise on US Consumption Weakness Concerns—10-Year Up 10 Ticks
South Korean government bond futures rose in overnight trading as concerns over weakening US consumer demand and softer wage growth data drove yields lower, with the 10-year contract up 10 ticks and trading volumes surging.
The dollar-won exchange rate closed at 1,457.20, extending losses after disappointing US retail sales data fueled expectations for a Federal Reserve rate cut, with trading volume reaching $16.8 billion.
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Dollar-Won Closes at 1,457.20, Extending Losses on Weak US Retail Sales
The dollar-won exchange rate closed at 1,457.20, extending losses after disappointing US retail sales data fueled expectations for a Federal Reserve rate cut, with trading volume reaching $16.8 billion.
US October Retail Sales Flat from Previous Month—Lowest in Five Months (Update)
US retail sales were flat in October, missing expectations and marking the lowest level in five months, with e-commerce and food services showing year-on-year gains.
US October Retail Sales Flat Month-on-Month, Missing 0.1% Growth Forecast
US retail sales remained unchanged in October, falling short of market expectations for a 0.1% increase and signaling subdued consumer demand.
[New York Gold Prices] Rise Over 1% on Weak Consumer Data and Sluggish Private Employment
Gold futures surged over 1% in New York as weak U.S. employment and retail sales data boosted expectations for a December Fed rate cut, driving investor demand for the non-yielding asset.
US stocks retreated as investors awaited the FOMC meeting, with the Nasdaq ending a six-day rally; Treasury yields fell, the dollar weakened, and oil surged on geopolitical risks.
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[New York Market Briefing](17th)
US stocks retreated as investors awaited the FOMC meeting, with the Nasdaq ending a six-day rally; Treasury yields fell, the dollar weakened, and oil surged on geopolitical risks.
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