DXY & Forex

The USD-JPY exchange rate traded at 163.824 yen on July 24 at 1:42 PM, up 0.01% from the previous session, as intervention concerns intensified in the upper 163-yen range. The pair briefly touched 163.932 yen amid dollar strength driven by escalating Middle East tensions. Japanese Finance Minister

According to Ko Nakayama from Okasan Securities (reported by Jin10 on July 24), Japan's inflation outlook faces heightened upside risks as recent yen weakness and rising crude oil prices intensify cost pressures. Government data released Friday showed a modest rebound in consumer inflation for

According to Jin10, Japan's 40-year government bond yield rose 10 basis points to 4.010% on July 24, while the 5-year yield hit its highest level since 2000. Investors are betting the Bank of Japan will move slowly to tighten monetary policy as inflation concerns grow, particularly over rising oil p

The UK government stated that the US has acknowledged its measures addressing forced labor issues in relation to the latest tariffs.

According to Jin10, seven foreign exchange options contracts worth over 1 billion each are set to expire on July 24 at 22:00 Beijing time, spanning EUR/USD, USD/CHF, GBP/USD, and AUD/USD pairs. Market participants are advised to manage risk during this

UK retail sales rose 1% month-on-month in June (seasonally adjusted), beating expectations of -0.3% and comparing favorably against the prior month's 1.2% growth.

According to Societe Generale's rate strategists, eurozone sovereign debt yield spreads have not displayed expected seasonal narrowing on July 24 amid renewed geopolitical tensions. The strategists noted that typical seasonal patterns have not materialized as investors remain reluctant to hold yield

According to Morgan Stanley strategists cited by Jin10, the Federal Reserve will likely hold rates steady at its July meeting, keeping the federal funds rate in the 3.5%-3.75% range. The strategists noted that money markets have already priced in expectations for nearly two rate hikes by year-end, b

Japan's 5-year government bond yield rose to 2.045% today, marking the highest level since its first issuance in 2000. The increase reflects broader shifts in global bond markets amid persistent inflationary pressures and evolving monetary policy

Hong Kong stocks fell in morning trading after US markets declined significantly Thursday, with the Hang Seng Index dropping 318 points to 24,891, surrendering the 25,000 level. US stocks faced sharp losses with the Dow falling 506 points or 0.97% to 51,711, the S&P declining 90 points or 1.21% to 7

European Central Bank Governing Council member Kochler said today that if the inflation outlook worsens and inflation expectations also deteriorate, action will be necessary. The statement reflects the ECB's conditional approach to monetary policy adjustments based on medium-term price stability

Korea Investment & Securities announced on the 24th its participation as an underwriter in Hyundai Commercial's 400 million yuan (approximately 87.5 billion won) public kimchi bond issuance. KB Securities served as lead underwriter with Korea Investment & Securities as co-underwriter, each taking

According to Yonhap Infomax, on July 24, Korea Investment & Securities participated as an underwriter in a 400 million CNY (approximately 87.5 billion Korean won) dim sum bond offering for Hyundai Commercial. KB Securities led the issuance while Korea Investment & Securities served as an underwriter

According to Jin10 data, on July 24, European Central Bank Governing Council member and Bundesbank President Nagel stated that the ECB's decision to maintain key rates unchanged is the correct choice. He noted that the June interest rate increase has positioned the ECB favorably to monitor

UBS Asset Management forecasts continued inflation easing and declining bond yields, stating on July 23 (local time) that Middle East energy supply disruptions will ease over time. The asset manager attributes this outlook to declining inflation expectations despite elevated geopolitical tensions, w

According to UBS Asset Management on July 23, core inflation pressure continues to ease, with June consumer price index data showing core inflation declining month-over-month for the first time since 2020. The asset manager noted that the 10-year inflation break-even rate (BEI) fell to 2.25%

According to Jin10, the overnight CNH HIBOR fell 10 basis points to 1.28061% on Friday, hitting its lowest level since June 5. Meanwhile, Hong Kong Monetary Authority's 300 billion yuan intraday repurchase facility utilization exceeded 30%. Other tenors showed mixed movements: one-week HIBOR

According to BIT's On Target weekly report, U.S. federal government debt has approached $39.7 trillion, with Treasury yields rising to around 5%. Japan is potentially reducing U.S. Treasury holdings due to domestic inflation pressures and rapid yen depreciation, while China is diversifying its

Joseph Brusuelas, chief economist at RSM, stated that the Federal Reserve will hold interest rates steady at next week's meeting but will implement a rate hike in September. Brusuelas explained that rising US gasoline prices will amplify concerns about serious purchasing power issues among

According to Guru Club, on July 24, the Korean won reached 1463.1 against the U.S. dollar, marking the highest level since early May.