The benchmark Japanese government bond prices climbed which resulted to a proposed auction of a 30-year debt.
Tags: Yen
Asian shares firm, euro wilts as ECB seen on cusp of QE
Asian shares held firm while the euro hit one-year lows on Tuesday as investors increasingly expect the European Central Bank to expand liquidity as soon as next week to boost the sagging euro zone economy.
Yen gains over peers as US debt default looms
The Japanese Yen had increased versus all its major peers as no progress was seen between US President Barack Obama and the House Republicans to end the US shutdown.
Sony's PlayStation game enterprise hedge backfires as dollar costs upsurge
Sony Corp.'s hedge for its PlayStation game enterprise has backfired as dollar costs rise. The strategy of Sony Corp. that shielded its PlayStation game enterprise from a strengthening yen has backfired.
Dollar recovers but no smooth sailing for the uptrend seen
The dollar has risen after a month-long slump but the journey upwards is not going to be smooth. From a low of 82. 047 on Monday, the dollar index, DXY has risen to 82.
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Global shares gained after the metal industry and the yen weakened. (Photo : Reuters)This is the facade of the Bank of Japan. Global shares increased as the metal industry weakened.
Yen hit 96.47 gained 2% against the US dollar. (Photo : REUTERS) Investors were prompted to unwind some of their best bets against the yen, as a response to BoJ 's complacent reaction to the turbulent markets.
Outside Japan, BoJ perceived lack of action affects even Euro Stocks. (Photo : Reuters)The image is a stack of Japanese yen. FTSEurofirst 300 index closed sharply lower and down by 1.
Japan's central bank holds back on new measures to calm turbulent markets. (Photo : REUTERS) Central bankers considered the idea to extend the maximum duration of cheap, fixed-rate funds offered via market operations from one year to two years.
