Hideyuki's Feed
Jun 11, 2015

Asia shares bounce from 3-mth lows but Fed, Greece weigh

TOKYO, June 10 (Reuters) – Asian shares rebounded from
three-month lows on Wednesday, though the spectre of higher
borrowing costs in the United States and concerns about the
apparent lack of progress in talks between Greece and its
creditors sapped confidence.

MSCI’s broadest index of Asia-Pacific shares outside Japan
rose 0.8 percent after hitting a fresh
three-month low. At one point, it was down 9 percent from the
seven-year peak hit in late April.

Jun 10, 2015

Asia shares wallow near three month lows on Greece, Fed anxiety

TOKYO (Reuters) – Asian shares languished near three-month lows on Wednesday as the spectre of higher borrowing costs in the United States and concerns about the apparent lack of progress in talks between Greece and its creditors sapped confidence.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged down 0.1 percent in early trade after having slipped to a three-month low the previous day. Japan’s Nikkei .N225 was up 0.4 percent, after big fall on Tuesday to three-week lows.

Jun 10, 2015

Asia shares wallow near 3-mth lows on Greece, Fed anxiety

TOKYO, June 10 (Reuters) – Asian shares languished near
three-month lows on Wednesday as the spectre of higher borrowing
costs in the United States and concerns about the apparent lack
of progress in talks between Greece and its creditors sapped
confidence.

MSCI’s broadest index of Asia-Pacific shares outside Japan
edged down 0.1 percent in early trade after
having slipped to a three-month low the previous day. Japan’s
Nikkei was up 0.4 percent, after big fall on Tuesday to
three-week lows.

Jun 8, 2015

Dollar shines as jobs data supports case for U.S. rate rise

TOKYO, June 8 (Reuters) – The dollar held firm near 13-year
highs against the yen in Asia on Monday after much
better-than-expected U.S. employment data bolstered expectations
for an interest rate hike by the Federal Reserve before the
year-end.

U.S. nonfarm payrolls jumped 280,000 last month, the largest
gain since December, while payrolls for March and April also
were revised to show 32,000 more jobs were created than
previously reported, the U.S. Labor Department said.

Jun 8, 2015

Dollar shines as jobs report supports case for Fed hike in Sept

TOKYO (Reuters) – The dollar held firm in early Asia on Monday, trading near 13-year highs against the yen after strong U.S. employment data bolstered expectations for an interest rate hike by the Federal Reserve before year-end.

U.S. nonfarm payrolls jumped 280,000 last month, the largest gain since December, while payrolls for March and April were revised to show 32,000 more jobs were created than previously reported, the U.S. Labor Department said.

Jun 2, 2015

If Japan is any lesson, French bond yields set to tumble

TOKYO, June 2 (Reuters) – Institutional investors including
hedge funds are scrutinising the past performance of Japanese
government bonds for clues on where French sovereign debt is
headed following one of its biggest routs in years.

Ten-year French yields rose as high as 1.08 percent
last month as some investors reckoned the European
Central Bank’s monetary stimulus would work and the euro zone
was slowly making its way out of deflation. After the ECB said
in January that it would buy 60 billion euros ($66 billion) of
largely sovereign bonds every month under its quantitative
easing programme, yields had initially fallen to a record low of
0.33 percent.

May 28, 2015

Asian shares up on Greek rescue hopes, dollar shines

TOKYO (Reuters) – Asian shares edged up on Thursday on vague hopes of a rescue deal for Greece while the dollar was at the helm in currency markets on expectations that the U.S. Federal Reserve will raise rates later this year.

Japan’s Nikkei .N225 rose 0.6 percent while MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.1 percent, with South Korean shares .KS11 leading the gain with a rise of 0.5 percent.

May 27, 2015

Rush to dollar assets costing Japanese investors dear

TOKYO, May 27 (Reuters) – Cash-rich Japanese banks are
paying almost as much extra to borrow dollars on the currency
swaps market as they did when they were fighting for survival
two decades ago, due to their insatiable appetite for
higher-yielding dollar assets.

Instead of buying dollars in the currency markets, Japanese
banks and investors can get dollars by swapping yen loans into
dollars using these over-the-counter derivatives instruments,
thus avoiding currency risks.

May 22, 2015

Japan stock market cap hits record, exceeds 1989 peak

TOKYO, May 22 (Reuters) – The market capitalisation of
shares listed on the Tokyo Stock Exchange’s main board hit a
record high on Friday, topping a 26-year peak and marking one
victory in Prime Minister Shinzo Abe’s campaign to jolt the
economy out of a long phase of deflation and stagnation.

The total market capitalisation of the TSE’s first section
rose to 591.30 trillion yen ($4.9 trillion), surpassing
the previous peak of 590.09 trillion yen hit in December 1989,
when share prices hit record peaks at the height of the Japanese
asset bubble.

May 21, 2015

Dollar not far from two-week high, takes Fed minutes in its stride

SYDNEY/TOKYO (Reuters) – The dollar stepped back in Asian trade on Thursday but held close to a two-week peak against a basket of major currencies as investors focused on the pace of the U.S. Federal Reserve’s coming interest rate hikes.

Minutes from the Federal Reserve’s April meeting contained no major surprises, doing little to change expectations that the Fed will probably wait until late this year before raising rates.