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USD/JPY retraces amid dovish Fed remarks, falling US yields

USD/JPY catches a lift into 149 10 heading into Thursday

The USD/JPY reclaimed the 149.00 handle once again in Wednesday trading, and now heads into Thursday's market session looking to hold onto the major l

Marketmind: Fed pivot reality check for emerging markets?

Unexpectedly high U.S. producer price inflation figures on Wednesday could cool this week's rally in emerging market and Asian stocks, with local attention on Thursday turning to Indian consumer inflation. Indian CPI for September tops the regional calendar, which also includes Indian trade data, bank lending, corporate goods inflation and machinery orders form Japan, and the latest snapshot of industrial production from Malaysia. On the corporate front Fast Retailing - the Japanese operator of global clothing chain Uniqlo - is expected to report a full-year profit of 374.6 billion yen ($2.52 billion), which would be a new record.

Daily Markets: War in Middle East Sends Oil, Gold, and Treasuries Higher

Daily Markets: War in Middle East Sends Oil, Gold, and Treasuries Higher
nasdaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nasdaq.com Daily Mail and Mail on Sunday newspapers.

Weak machinery orders darken outlook and raise policy challenge

Core orders, the leading indicator of Japanese business spending, were down 1.1% in July from the previous month, Cabinet Office data showed.

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