September 3, 2025September 3, 2025 Japan’s services sector growth slowed slightly in August, with the S&P Global services PMI easing to 53.1 from 53.6 in July, though still above the 50 mark that signals expansion. The slowdown came as firms shed staff for the first time since September 2023,…
We are concluding a fairly muted trading week, with participants usually taking the final trading week of August to reload their batteries before entering the volatile final four months of the year. As a matter of fact, the session close will be essential to watch as month end flows tend to move markets quite largely….
The Japanese Yen strengthens, dragging USD/JPY below the 147.00 psychological level. The US Dollar is pressured by concerns over Fed independence and a dovish monetary policy outlook, overshadowing upbeat US GDP and jobs data. Focus shifts to Friday’s July PCE and Japan’s Tokyo CPI, labor and retail figures for fresh direction. The Japanese Yen (JPY)…
USD/JPY could weaken as BoJ Governor Ueda expressed optimism that conditions for another rate hike are coming into place. The US Dollar may struggle as expectations grow for a Federal Reserve interest rate cut in September. Fed Chair Powell stated that risks to the labor market are increasing, while also noting that inflation remains a…
Advertisement     Bitcoin treasury firm Metaplanet, which rebranded in 2024 from a hotel and technology firm to a dedicated Bitcoin treasury, has amassed an additional 775 BTC worth roughly $93 million, reinforcing its position as the only non-US company among the top 10 corporate Bitcoin holders. The Tokyo-listed firm disclosed the purchase in…
Markets spent the past week navigating a narrow path between relief and reality. Relief came from headline trade developments that bought more time for diplomacy. Reality showed up in the form of fresh price pressures and unresolved global tensions. The contrast defined how investors approached risk, producing a complex mix of resilience and unease. On…
Last week’s FX leaderboard was dominated by growth-linked and higher-yield currencies, with Sterling, Aussie, and Kiwi outpacing the field. At the other end, traditional safe havens found themselves out of favor, with Yen and Swiss Franc bringing up the rear. Sterling’s climb came on the back of a narrow 5–4 BoE rate cut vote and…
Bakkt Holdings Inc. (NYSE: BKKT) announced Wednesday it will acquire roughly 30% of Tokyo-listed MarushoHotta Co., Ltd. (TSE: 8105), becoming the company’s largest shareholder and advancing its multinational bitcoin treasury strategy. Bakkt Expands Into Japan The share purchase agreement with RIZAP Group Inc. positions Bakkt to influence MHT’s direction, with Phillip Lord, president of Bakkt…
Markets entered last week riding a wave of optimism, but exited rattled. Wall Street could have marked the end of its summer rally, with Friday’s sharp selloff capping a week of crosswinds, from upbeat GDP numbers and trade deals to dismal job data and institutional upheaval. Dollar, too, saw its recent momentum falter, closing the…
Markets The three biggest Euro area economies released July inflation numbers today. French prices rose 0.3% m/m to be up a June-matching 0.9% on a yearly basis as energy was still heavily weighing on inflation. Italian inflation meanwhile dropped 1% on a monthly basis with the year-on-year print easing from 1.8% to 1.7%. Both countries…