With the Bank of Japan interest rate decision slated for Thursday's session, forex traders could experience increased price action in JPY currency crosses.
Asia Pacific equity started a new week quite positively, with risk appetite stoked by tentative hopes that Chinas economy may be picking up a bit of steam
The S&P 500 left behind a reversal warning amidst rising EU-US trade war concerns and the IMF downgrading the 2019 outlook. Equities are bracing in Asia as the Yen may extend gains.
USD/CAD dropped to support on rosy GDP data, the British Pound fell after Mays Brexit deal failed to pass through Parliament, delaying the divorce. Asia stocks may rise as Yen sinks.
With US equity markets recently under pressure, financial news media have pointed to movement in the bond market as the key catalyst.
Sentiment collapsed on Friday following dismal European economic data with the S&P 500 leaving bearish reversal warnings. Asia Pacific stocks may fall as anti-risk Japanese Yen gains.
Asia Pacific stock markets saw risk appetite drain away somewhat as some disappointing trade reports crossed the wires
The Japanese Yen faded a little as the central bank left its ultra-accommodative monetary settings alone and worried about an offshore slowdowns effects on Japan.