Markets fall with Japan stocks in bear territory; Berkshire’s cash hoard at record high

Markets fall with Japan stocks in bear territory; Berkshire’s cash hoard at record high

Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Nifty: What to do with Zomato, Adani Energy and 4 other stocks? Religare Broking’s Ravi Singh decodes

Nifty: What to do with Zomato, Adani Energy and 4 other stocks? Religare Broking’s Ravi Singh decodes

We believe there might be both time and price-wise correction in the days to come. As we have previously seen, DIIs are buying at every dip in the market, so the downside may be limited, said Dr Ravi Singh, Senior Vice President, Retail Research at Religare Broking. This analyst spells-out strategy in previous week’s major … Read more

ET Explainer: Why unwinding of Yen carry trades can rattle global financial markets

ET Explainer: Why unwinding of Yen carry trades can rattle global financial markets

The so-called Yen carry trade has been in focus in the past few trading sessions in the wake of the selloff in shares of US technology giants. A look at what is Yen carry trade and what it means for the financial markets worldwide: What is a Carry Trade? A carry trade is a hugely … Read more

Nasdaq in correction territory; Berkshire’s cash holdings reach record high

Nasdaq in correction territory; Berkshire’s cash holdings reach record high

Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Asian stocks: Asian stocks rally on Fed cut hopes, Yen climbs: Markets wrap

Asian stocks: Asian stocks rally on Fed cut hopes, Yen climbs: Markets wrap

Asian equities and US futures were broadly higher Thursday on firming signs the Federal Reserve will soon cut interest rates. Japanese stocks fell to reflect a stronger yen. Equities in Australia and South Korea rose alongside Hong Kong share futures. Contracts for the S&P 500 and the Nasdaq 100 both climbed to compound Wednesday’s advances … Read more

BOJ ups rate to 0.25%; U.S. stocks fall

BOJ ups rate to 0.25%; U.S. stocks fall

This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, … Read more

Asian shares slide, U.S. stocks flat

Asian shares slide, U.S. stocks flat

Traders work on the floor of the New York Stock Exchange during afternoon trading on Jan. 22, 2024. Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

‘Crazy’ yen rally is at risk of shattering as soon as next week

‘Crazy’ yen rally is at risk of shattering as soon as next week

Investors have fallen over each other in recent weeks to buy the yen on bets that interest rates are finally about to tip in Japan’s favor. They face a moment of truth as soon as Wednesday. The currency is holding onto an advance of about 5% against the dollar since just before it began surging … Read more

Bank of Japan to trim bond buying, keeps rates steady

Bank of Japan to trim bond buying, keeps rates steady

The Bank of Japan kept ultra-low interest rates on Friday but decided to start trimming its huge bond purchases in a slow but steady retreat from its massive monetary stimulus. While it will continue to buy government bonds at the current pace of roughly 6 trillion yen ($38 billion) per month, the central bank decided … Read more

Weak yen may actually deter Bank of Japan from hiking rates soon

Weak yen may actually deter Bank of Japan from hiking rates soon

The yen’s fresh slide to a 34-year low complicates the Bank of Japan’s deliberations on the timing of a next interest rate hike, as a resulting rise in import costs pushes up inflation but also hurts already weak consumption and the broader economy. If that weakness persists and discourages small firms from hiking pay, the … Read more