DXY & Forex

Japan's retail sales grew 2.7% year-over-year in August, falling short of the 3.2% forecast and down from 4% in the previous month, according to official data.

Japan's industrial production declined 1.7% month-on-month in August on a preliminary basis, falling short of expectations of 1.4% growth and marking a sharper contraction than July's 0.2% decline.

According to Yonhap Infomax, South Korea's 3-year government bond futures rose 3 basis points to 102.22 in overnight trading on September 30, while 10-year futures gained 9 basis points to 103.95. Meanwhile, U.S. 10-year Treasury yields climbed to 5.294%, marking the highest level since June 2007.

The People's Bank of China cut the secured lending facility (PSL) rate by 25 basis points to 1.5% on Sept. 30, reducing the one-year PSL rate from 1.75%. This marks an adjustment to monetary policy tools aimed at supporting economic

Oil prices declined as Saudi Arabia restarted its East-West pipeline and resumed crude shipments from Yanbu port on the Red Sea. WTI crude fell 3.8% to $89 per barrel while Brent crude dropped 2.5% to $95 per barrel, with oil transport volumes through the Hormuz Strait recovering to pre-war

According to New York Federal Reserve President John Williams on September 29, the Fed does not need to raise rates consecutively in October following the policy action taken in September. Williams stated, "We don't need to hurry as a consequence of the policy moves we took," and noted that

The US dollar strengthened for a second consecutive session on September 29, supported by elevated Treasury yields and euro weakness. The dollar index rose 0.182% to 101.403 as the euro fell 0.248% to 1.13385 against the dollar, while the dollar-yen rate declined 0.060% to 157.331 yen as of 4 p.m.

According to Yonhapinfomax, on Sept 29 at 4 p.m. ET, the U.S. dollar index (DXY) rose to 101.403, up 0.184 points or 0.182% from the previous close. The dollar extended gains against major currencies amid elevated U.S. Treasury yields, with the euro weakening on dovish comments from European

US Treasury bonds showed mixed trading on September 29, with short-term bonds rising and long-term bonds falling, as the 30-year Treasury yield surpassed 5.60% for the first time in approximately 24 years since June 2002. The yield curve steepened despite disappointing US economic indicators and a s

According to Guru Club, Federal Reserve Governor Barr said on September 30 that further rate hikes and policy recalibration may be needed. Barr stated that inflation remains a critical issue, and the Fed has been forced to deviate from its 2% target. The central bank has not seen a clear trend of in

St. Louis Federal Reserve President Alberto Mussalem stated on May 29 (local time) at an event hosted by the London School of Economics that if the Federal Reserve reduces communication with markets, it could lead to increased volatility in interest rates and inflation as markets rely on ambiguous s

On September 29 at a London event, St. Louis Federal Reserve President Alberto Musallem said the Federal Reserve should maintain clear policy communication frameworks rather than reduce dialogue with markets. He argued that excessive silence forces markets to speculate about central bank actions, ra

On Tuesday (September 29), the U.S. 10-year benchmark Treasury yield rose 0.01 basis points to 5.2362%, trading within a 5.2026%-5.2911% range for the day. The rate approached the Q1 2000 peak of 5.3228% and moved closer to the 1994 Q4 all-time high of 6.8280%. Meanwhile, the 2-year Treasury yield

According to Yonhapnews TV, overnight on September 28, the three major U.S. stock indices fell as long-term Treasury yields surged to 5.6%, marking the highest level since June 2002. International oil prices declined over the same period. The yield spike in 30-year U.S. Treasuries weighed on

On Tuesday (Sept 29), offshore Chinese yuan (CNH) traded at 6.7080 against the U.S. dollar, up 47 pips from Monday's close. The currency traded within a range of 6.7129–6.7037 during the session, extending gains for a second consecutive day.

The Bank of Korea removed the international ranking table from its foreign exchange reserves press release after consulting with the Ministry of Economy and Finance. According to parliamentary audit materials submitted on the 30th to National Assembly member Lee Jong-wook of the People Power

According to Yonhapnews, South Korea's central bank disclosed on September 30 that it consulted with the government before removing the international ranking of foreign exchange reserves from its official monthly reports in August. The move followed the country's ranking dropping from 9th place in

According to Yonhap IntoMax, New York Federal Reserve President John Williams stated on September 29 during a speech at University at Buffalo that no consecutive rate increase is needed in October, signaling the Fed will gather more data before making policy decisions. Williams added that if

On Tuesday, Sept 29, the U.S. Brent Crude Oil Fund fell 2.62%, leading declines across major asset-class ETFs. The U.S. Treasury 20+ Year ETF and Russell 2000 Index ETF dropped 0.5% and 0.34% respectively, while the S&P 500 ETF, Nasdaq-100 ETF, and others posted smaller losses. Gold ETF

On Tuesday evening in New York (September 29), the euro fell 0.26% to 1.1341 and subsequently dropped to 1.1312 by 00:58 Beijing time, approaching its May 29, 2025 intraday low of 1.1210. The New Zealand dollar declined 0.46% against the U.S. dollar, marking the largest decline among major