interest rates

Japan’s 10-year bond yield hits highest since 1996

Japan's 10-year government bond yield surged to its highest level in nearly 30 years on Thursday, as investors grow increasingly uneasy about the country's fiscal trajectory under Prime Minister Sanae Takaichi and brace for further interest rate increases from the…

Euro snaps two-week slide as weak US jobs data weighs on dollar

The euro edged higher on Friday, extending gains for a second consecutive session and positioning itself to end a two-week losing streak against the dollar, after a sharply disappointing U.S. jobs report dampened expectations for near-term Federal Reserve tightening. However,…

Gold nears $4,200 as weak jobs data eases Fed hike fears

Gold rallied sharply on Thursday, breaking above $4,100 per ounce after a disappointing June employment report undercut expectations for further Federal Reserve interest rate increases. The move snapped what had been the metal's longest weekly losing streak since mid-2023 and…

Asian stocks rally as weak U.S. jobs data eases rate-hike fears

Asian equity markets rallied on Friday as investors snapped up battered technology stocks following a weaker-than-expected U.S. jobs report that eased fears of a near-term Federal Reserve interest rate hike. Seoul's Kospi surged 5.8% to close at 8,088.34, clawing back…

Lagarde says ECB was ready to raise rates as early as April

European Central Bank President Christine Lagarde doubled down on the bank's June interest rate increase, telling French newspaper Les Echos on Thursday that "we are convinced we made the right decision," even as new data shows eurozone inflation cooling faster…

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