Markets have thus far largely brushed off deepening geopolitical fractures around the world, with stocks rallying and currencies and bonds little budged following the U.S. intervention in Also on traders' radar, China on ‌Tuesday banned exports ‌of dual-use items to Japan that can be used for military purposes, marking Beijing's latest move in reaction to an early November remark by ‌Japanese Prime Minister Sanae Takaichi about Taiwan. "I think there is still a lot of uncertainty as to whether the regime ...

Hedge funds reportedly built one of their biggest bearish bets against the Japanese yen in years, lining up around 85,000 net short contracts as pressure on the currency grows. As yen stress picked up, Bitcoin slipped below $87,000 in early December, with around $527 million in long positions wiped out in just 24 hours. All of this sits inside a bigger macro story. The rising Japanese bond yields, shifting central bank policies, and a huge yen “carry trade” that now spills directly into our crypto portfo ...

Bloomberg The bearish chorus on the yen is growing louder after the Bank of Japan’s latest interest rate hike failed to deliver a sustained lift to the currency, reinforcing views that there’s no quick fix for its structural weakness. Strategists at JPMorgan Chase & Co., BNP Paribas SA and other firms see the yen weakening to 160 per dollar or beyond by the end of 2026, driven by still-wide US-Japan yield gaps, negative real rates and persistent capital outflows. The trend will likely persist as long as ...

Bitcoin (BTC) strengthened as the Japanese yen dropped after the Bank of Japan (BOJ) hiked interest rates as expected. The Japanese central bank raised its short-term policy rate by 25 basis points to 0.75%, the highest level in roughly three decades, continuing the gradual shift away from decades of ultra-loose monetary policy. In the policy statement, BOJ acknowledged that inflation has held above its 2% target for an extended period due to rising import costs and firmer domestic price dynamics. Howev ...

Core Viewpoint - The U.S. dollar is under pressure, leading to gains in the euro and pound, as the Federal Reserve's recent rate cut and comments from Fed Chair Jerome Powell were perceived as less hawkish than expected, reinforcing dollar selling momentum [1][6]. Group 1: Currency Movements - The euro was steady at $1.1741 after a 0.37% rise, while the pound was firmer at $1.33955, both poised for their third consecutive week of gains [1]. - The dollar index, measuring the U.S. currency against six major rivals, was at 98.34, set for a weekly drop of 0.7% and down over 9% this year, on track for its steepest annual drop since 2017 [6]. - The Japanese yen is expected to gain slightly, trading at 155.61 per dollar, while the Australian dollar remained steady at $0.6667 and the New Zealand dollar was 0.14% firmer at $0.5815 [7][9]. Group 2: Federal Reserve and Monetary Policy - The Federal Reserve cut rates as expected, but the comments from Powell were seen as less hawkish, which may help avoid negative surprises for investors [2][6]. - There is uncertainty regarding the U.S. monetary policy path next year, with traders pricing in two rate cuts in 2026, while policymakers anticipate only one cut next year and one in 2027 [6]. - Economic data lagging from the recent federal government shutdown will influence future monetary policy decisions, with the upcoming midterm elections likely focusing on economic performance [6]. Group 3: Economic Outlook - The Swiss National Bank maintained its policy rate at 0% and noted that a recent agreement to reduce U.S. tariffs on Swiss goods has improved the economic outlook, despite inflation being below expectations [8][9]. - Concerns regarding the U.S. labor market are expected to drive the Federal Open Market Committee (FOMC) to consider further interest rate cuts next year [6].

Onchain Economy - A multi-currency onchain economy is emerging [1] - The growing adoption of tokenized euros is observed [1] Tokenized Currencies - Tokenized non-USD currencies are being launched [1] - The Japanese yen (@jpy_coin) has been deployed on Ethereum, Avalanche, and Polygon [1]

Group 1 - The article provides a market analysis covering various financial instruments including the US Dollar, Japanese Yen, Gold Spot, Silver Spot, and Microsoft Corporation [1] Group 2 - The analysis includes trends and movements in the US Dollar against the Japanese Yen, indicating fluctuations that may impact investment strategies [1] - Gold and Silver Spot prices are discussed, highlighting their performance in the current market environment and potential implications for investors [1] - Microsoft Corporation is analyzed in the context of its market position and performance, providing insights into its investment potential [1]

Group 1 - The article provides a market analysis focusing on various currency pairs including the US Dollar against the Japanese Yen, Australian Dollar, and New Zealand Dollar, as well as the US Dollar Index Futures [1] Group 2 - The analysis highlights the performance trends of the US Dollar in relation to other currencies, indicating potential investment opportunities and market movements [1] Group 3 - The report emphasizes the importance of monitoring these currency pairs for investors looking to capitalize on foreign exchange fluctuations [1]

Group 1: Market Overview - The analysis covers the performance of the US Dollar against the Japanese Yen, indicating fluctuations in currency exchange rates [1] - The S&P 500 index is highlighted, reflecting the overall market sentiment and economic conditions [1] Group 2: Company Insights - Oracle Corporation's recent financial performance is discussed, showcasing its growth trajectory and market positioning [1] - NVIDIA Corporation is analyzed for its advancements in technology and market share, particularly in the semiconductor industry [1]

Market Overview - Global financial markets are influenced by shifting monetary policy expectations, geopolitical developments, and varied economic data [2] - Commodity markets, currency pairs, and equity futures are reacting to these influential factors [2] Commodities Sector - Copper prices have declined, with the LME three-month contract dropping to USD 10,669.00 per ton [3] - The decline is attributed to skepticism regarding a potential US Federal Reserve interest rate cut in December, with only a 46% chance of a 25-basis-point cut indicated by the CME FedWatch Tool [3] Geopolitical Developments - The UN Security Council is preparing for a vote on a US-drafted resolution for an International Stabilization Force (ISF) in Gaza, which includes a controversial clause on a "pathway to a Palestinian state" [4] - The proposed ISF is expected to comprise approximately 20,000 troops, with initial deployment anticipated by January 2026 [4] Currency Markets - The Japanese Yen has weakened to a nine-month low against the US Dollar, trading around 154.82 per dollar, driven by uncertainty surrounding the Bank of Japan's rate-hike decisions [5] - The USD/CAD pair is maintaining gains near 1.4050, while the Canadian Dollar struggles due to declining crude oil prices, with WTI trading at approximately $59.30 per barrel [5] US Equity Markets - NASDAQ and S&P 500 futures indicate a higher open, supported by optimism surrounding the anticipated end of a US government shutdown [6] - Donald Trump has reversed his stance, now advocating for a vote to release Jeffrey Epstein files while simultaneously suing the Wall Street Journal for $10 billion [6] Economic Data - Thailand's economy grew by 3.2% year-on-year in Q4 2024, an acceleration from the 3.0% growth in Q3 [7] - Private consumption increased by 3.4% year-on-year, contributing positively to overall economic expansion [8]