BTC/JPY and USD/JPY Drop as Scott Bessent Calls for BOJ Rate Hike

Scott Bessent's got a Japanese blind spot

TOKYO – Fresh off getting outmaneuvered by Tokyo on a “trade deal,” President Donald Trump’s team is going even further to demonstrate its ignorance of

Futures Flat, Global Stock Rally Fizzles Ahead Of PPI Report

Futures Flat, Global Stock Rally Fizzles Ahead Of PPI Report The global market rally stalled and US equity futures are flat with small caps underperforming (SPX and NDX made new ATHs yesterday while the Russell still sits ~5% below its ATH) into this morning's PPI print, where the market may confirm CPI’s trend as well as solidifying PCE estimates. As of 8:00am, S&P 500 futures were flat changed after the benchmark notched a record close for a s…

BTC/JPY and USD/JPY Drop as Scott Bessent Calls for BOJ Rate Hike

JPY is no longer the most attractive funding currency, and the currency's strength may not necessarily lead to broad-based risk aversion, one expert said.

Yen Gains as Bessent Expects BOJ Hike, Stocks Fall: Markets Wrap

(Bloomberg) -- The yen rose the most in almost two weeks after US Treasury Secretary Scott Bessent said he expected Japan to raise interest rates to tame inflation.

Bessent Says BOJ Is Falling Behind the Curve, Expects Rate Hike

US Treasury Secretary Scott Bessent said the Bank of Japan is falling behind the curve in addressing inflation, in a rare comment admonishing policy decisions by a foreign central bank.

Dollar Falls, Yen and Bitcoin Rally as Bessent Predicts BOJ Rate Hike

The post Dollar Falls, Yen and Bitcoin Rally as Bessent Predicts BOJ Rate Hike appeared first on Coinpedia Fintech News The Japanese yen jumped against the dollar and Bitcoin after the U.S. Treasury Secretary Scott Bessent commented on Japan’s inflation problem and rate cut policy.  “The Japane...