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Japanese Yen Trades Lower As BoJ Says Tweaks In Policy Not An Exit

Japanese Yen Trades Lower As BoJ Says Tweaks In Policy Not An Exit

The Japanese yen was lower against its major counterparts on Wednesday, as the Bank of Japan Summary of Opinions from the December meeting showed that the decision to widen the trading band of 10-year Japanese government bond yield is not aimed to change the direction of monetary easing.
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FTSE 100 Gains Led By Commodity-related Stocks

FTSE 100 Gains Led By Commodity-related Stocks

U.K. stocks rose notably on Wednesday, as commodity-related stocks surged on optimism over a demand revival in China following this week's announcement that strict quarantine requirements for arriving travelers will be dropped early next month.
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CAC 40 Gives Up Early Gains

CAC 40 Gives Up Early Gains

French stocks gave up early gains to turn lower on Wednesday amid signs that several countries are planning to impose COVID restrictions for travelers from China.
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DAX Struggles For Direction

DAX Struggles For Direction

German stocks struggled for direction on Wednesday as investors assessed China's move to ease COVID curbs.
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Asian Shares Mostly Lower Amid Spike In Yields

Asian Shares Mostly Lower Amid Spike In Yields

Asian stocks fell broadly on Wednesday as Treasury yields rose on Fed policy uncertainty and data showed Japan's industrial output fell for the third month in a row in November - suggesting the economy is still very fragile.
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European Shares Seen Opening On Mixed Note

European Shares Seen Opening On Mixed Note

European stocks may open on a mixed note Wednesday, with U.K, markets likely to see modest gains at open as trading resumes after a long Christmas holiday weekend.
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Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Wednesday, following the mostly negative cues from Wall Street overnight, as traders remain cautious in the last week of 2022 amid lingering concerns about the economic outlook and the prospects of interest rate hikes continuing in to the next year. Asian Markets closed mostly higher on Tuesday.
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