Author: 24newz

As global markets face rising uncertainty, the Japanese yen has recently gained ground, marking its third straight day of strengthening against the U.S. dollar. This upward trend highlights a growing risk-off sentiment among investors, combined with a more hawkish tone from the Bank of Japan. For investors, it’s crucial to monitor shifts in central bank policy and stay alert to broader economic risks. Adapting forex strategies in response to currency volatility will be key in navigating today’s fast-moving financial landscape.

The U.S. dollar has recently weakened against the Canadian dollar as markets turn their attention to the Bank of Canada’s interest rate announcement on June 4. Most analysts expect the central bank to hold rates steady, which has helped support the Canadian dollar. For those tracking the CAD’s performance or anticipating monetary policy shifts, this week’s Bank of Canada statement will be a key event to watch.

Tokyo’s core consumer price index (CPI) rose 3.6% year-on-year in May, marking the fastest pace of inflation since early 2023. The figure came in above market expectations, reinforcing speculation that the Bank of Japan may tighten monetary policy sooner than anticipated. With both wages and everyday living costs climbing, Tokyo’s inflation trend is increasingly seen as a key indicator for future moves by Japan’s central bank.

U.S. GDP contracted at an annualized rate of 0.2% in the first quarter of 2025—an outcome that, while seemingly weak on the surface, actually exceeded market expectations. The slight economic dip was largely driven by ongoing tariff pressures and tighter government spending. However, core consumer spending and business investment remained surprisingly resilient, signaling that a broader recession may not be imminent. Inflation trends and future policy decisions will continue to play a critical role in shaping the economic outlook.

Amid slowing global demand and increasing supply, international oil prices have become increasingly volatile. Key factors driving this shift include a cooling global economy, the rise of electric vehicles, and escalating geopolitical tensions. For investors in Hong Kong, it’s important to closely monitor these shifts in oil market dynamics, as they can significantly affect energy ETFs and related stocks. Staying flexible and adjusting your portfolio accordingly can help manage future market fluctuations and inflation risks.

A U.S. court has blocked former President Trump’s proposed “Liberation Day” tariff plan, sparking an immediate rebound in the U.S. dollar. The Dollar Index surged back above 100 following the ruling. The court emphasized that the president does not have unilateral authority to set trade policy, introducing fresh uncertainty into the future direction of the U.S. economy. Markets reacted swiftly, with sharp fluctuations in both equities and currency exchange rates.