The yen was last steady at 153.12 per U.S. dollar in early Asian hours, hovering near its weakest level since mid-February. The Japanese currency is on pace for a nearly 4% drop in the week, its biggest decline since early October last year. The yen's drastic drop has been centred on worries that the Takaichi, on course to become Japan's first female prime minister, said on Thursday that the country's central bank is responsible for setting monetary policy but that any decision it makes must align with th ...

"The increase in dollar/yen has been quite relentless, and it seems like nothing can stop it from rallying," said Carol Kong, a currency strategist at Commonwealth Bank of Australia."In the near term, the confirmation of Takaichi as PM and the upcoming October BOJ meeting might be the next catalyst for further weakness in the Japanese yen, especially if Takaichi reinforces her dovish views on fiscal and monetary policy, and the BOJ signals that it may not raise interest rates in the near term," Kong stated ...

Markets this week have grappled with political turmoil in Japan and France alongside an ongoing U.S. government shutdown, all of which have done little to stoke confidence in investors, who have sought safety in assets such as gold. The yen has been whiplashed after conservative The Japanese "The increase in dollar/yen has been quite relentless, and it seems like nothing can stop it from rallying," said Carol Kong, a currency strategist at Live Events "In the near term, the confirmation of Takaichi as PM ...

Commonwealth Bank of Australia share price is on watch this month as ASX investors scramble to put a rough valuation on the company. In this update, you’ll discover how to value a bank share like Commonwealth Bank of Australia, but remember this is just a quick version.Theshare price is on watch this month as ASX investors scramble to put a rough valuation on the company. In this update, you’ll discover how to value a bank share like Commonwealth Bank of Australia, but remember this is just a quick version. ...

price of National Australia Bank Ltd (Right now, you could probably use Google or another data provider to see theof ASX: NAB ) is around $45 per share. But what are NAB shares really worth? How to get to an price target is one of the more popular questions our senior investment analysts get asked by Australian investors, especially those seeking dividend income. It’s not exclusive to National Australia Bank Ltd, of course.Westpac Banking Corp (ASX: WBC) and ANZ Banking Group (ASX: ANZ) are also very popula ...

Core Viewpoint - The Commonwealth Bank of Australia (CBA) share price is currently trading at approximately $170.38, making it one of the most actively traded shares on the ASX, which is significant as ASX bank shares constitute about one-third of the Australian stock market by market capitalization and the All Ordinaries Index [1]. Valuation Methods - The Price-to-Earnings (PE) ratio for CBA is calculated to be 30.3x based on its current share price and earnings per share (EPS) of $5.63, which is notably higher than the banking sector average PE of 20x [4][5]. - A sector-adjusted PE valuation for CBA, using the sector average PE ratio, results in a valuation of $112.03 [5]. - The Dividend Discount Model (DDM) is highlighted as a robust method for valuing bank shares, assuming consistent dividend growth [6][7]. - Using the DDM formula, the valuation of CBA shares is estimated at $98.33 based on last year's dividend of $4.65, with an adjusted dividend payment leading to a valuation of $100.66 [10]. - When considering fully franked dividends, the valuation increases to $143.80 using a forecast gross dividend payment of $6.80 [11]. Growth and Risk Rates - Different growth and risk rates yield varying valuations for CBA shares, with a 2% growth rate and a 6% risk rate resulting in a valuation of $119.00, while a 4% growth rate and a 10% risk rate yield a valuation of $59.50 [12]. - Analysts are encouraged to conduct extensive qualitative research, including assessments of growth strategies, economic indicators, and consumer sentiment, before finalizing their valuation models [13].

CBA share price last traded around $170.38. Are CBA shares a buy today? Over the longer term, shares with a consistent track record of profits, dividends and/or cash flow will often revert to their underlying price target. Let’s take a look at the valuation.Thelast traded around $170.38. Areshares a buy today? Over the longer term, shares with a consistent track record of profits, dividends and/or cash flow will often revert to their underlying price target. Let’s take a look at the valuation.Commonwealth B ...

Group 1 - The U.S. dollar showed resilience against the Vietnamese dong, trading at VND26,446 at Vietcombank and VND26,620 in the informal market, despite a one-week low against major currencies [1] - The dollar index, measuring the currency against six major peers, was recorded at 97.814, having dipped to a low of 97.633, indicating a notable decline since last Wednesday [2] - The euro edged up to $1.1738, following a rise to $1.1762, while the dollar remained flat at 147.92 yen after a 1.2% drop over the previous three days [3] Group 2 - Political developments regarding the U.S. government shutdown could lead to a further decline in the dollar, as weak economic data may exacerbate the situation [4] - Market attention is shifting towards private-sector indicators due to the lack of official economic data, with heightened responsiveness expected as the Federal Reserve's monetary policy decision approaches on October 29 [3]

Core Insights - Sydney's data centre market is experiencing significant growth, with vacancy rates dropping from 9% to 5.2%, indicating its rising status as a regional hub for data centres [1][8] - The decline in vacancy rates is primarily driven by sustained demand for cloud services and AI workloads, with a vibrant development pipeline and new entrants in the market [2][8] - Major investments are reshaping the landscape, including Macquarie Data Centres' acquisition of land for a potential 150MW data centre and Stack Infrastructure's plan for a 450MW campus, marking one of the largest developments in Sydney's history [3][9] Investment and Acquisition Activity - Partners Group has expanded its presence by acquiring Digital Halo in Singapore and GreenSquareDC in Australia for US$759 million, aiming to create a forward-thinking data centre platform [4] - Vocus Group is set to acquire TPG Telecom's fibre infrastructure assets and its Enterprise, Government, and Wholesale business for US$3.42 billion, a significant consolidation in the telecom sector [5] Cloud Adoption Trends - Cloud adoption is accelerating in Australia, exemplified by the Commonwealth Bank's migration to Amazon Web Services (AWS) and the Department of Defence's US$324.71 million contract with Microsoft for cloud services [6][10] - CareSuper is also transitioning its applications and data to Microsoft Azure, reflecting a broader trend of digital transformation across various sectors [6] Conclusion - Sydney's data centre market is not only resilient but also evolving dynamically, driven by strong demand, strategic investments, and ongoing digital transformation across industries [7]

Government funding expires at midnight on Tuesday in Washington (0400 GMT) unless Republicans and Democrats agree to a last-minute interim deal. The dollar index, which gauges the currency against six counterparts including the euro and yen, stood at 97.869 as of 0003 GMT, and fell as low as 97.633 overnight for the first time since last Wednesday. U.S. President Donald Trump warned The U.S. Labor and Commerce departments said their statistics agencies would halt data releases in the event of a partial sh ...