Yen intervention
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Analysis-Yen intervention looms large, but it may not work
Yahoo Finance· 2025-11-21 08:21
By Gregor Stuart Hunter and Rae Wee SINGAPORE (Reuters) -A stubbornly weak yen has Japan on the cusp of intervening in the currency market for the third time in roughly as many years, but analysts say it's likely to be ineffective and authorities must tread carefully to avoid triggering a fresh selloff. Confounding expectations of an upturn this year, the yen is at a 10-month low and has tumbled along with bonds in the seven weeks since Sanae Takaichi took charge of Japan's ruling party, with proposals ...
SoftBank Spooks Traders With Nvidia Exit: 3-Minute MLIV
Youtube· 2025-11-12 09:11
Group 1: Depreciation of Assets - The rapid depreciation of chips used by hyperscalers raises questions about the accuracy of asset valuation [2][4] - There is a concern regarding whether hyperscalers are marking their assets correctly, particularly the accelerators and chips [2][4] - A significant investment, such as 100 billion USD in accelerators, may lose value within 6 to 12 months, prompting scrutiny from councils [3] Group 2: Treasury Market Reactions - The Treasury market is responding to weak US labor market data, leading to expectations of rate cuts from the Federal Reserve [5][6] - The market's reaction is notable as it is the first opportunity to respond to the ADP figures indicating a weakening labor market [6] - There is a split among Federal Reserve speakers regarding inflation and labor market concerns, creating uncertainty about future monetary policy [6][7] Group 3: Japanese Yen and Market Intervention - Japanese officials have specific thresholds for market intervention to stabilize the yen, which are not yet met [10] - The rhetoric from the Japanese administration regarding currency stabilization is increasing as the yen remains under pressure [11] Group 4: SoftBank and Nvidia Stake - There is uncertainty surrounding SoftBank's sale of its Nvidia stake and its implications for company valuation [12][14] - The market reaction to SoftBank's trading has been volatile, reflecting broader concerns about valuation in the tech sector [13][14]