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Market news: India is revising its drug regulations to unify the regulation of gene therapy.
2026-07-02
Market news: India is revising its drug regulations to unify the regulation of gene therapy.
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2026-07-02
A private member of Japan’s Council on Economic and Fiscal Policy said the Bank of Japan should continue raising rates at a moderate pace, ideally every six months, to correct excessive yen depreciation. He said that pace would not harm domestic inve
A private member of Japan’s Council on Economic and Fiscal Policy said the Bank of Japan should continue raising rates at a moderate pace, ideally every six months, to correct excessive yen depreciation. He said that pace would not harm domestic investment and expects the BOJ to hike at year-end, again in summer next year, then pause. He added he personally regards a June hike as appropriate, warning that delaying would risk further yen weakness and hurt households.
2026-07-02
The yen suddenly jumped against the dollar on Thursday, prompting traders to brace for possible Japanese intervention to support the currency. It is unclear what triggered the move or whether authorities entered the market. The amplitude of the move
The yen suddenly jumped against the dollar on Thursday, prompting traders to brace for possible Japanese intervention to support the currency. It is unclear what triggered the move or whether authorities entered the market. The amplitude of the move appeared smaller than in prior post-intervention episodes. Sumitomo Mitsui chief FX strategist Hirofumi Suzuki said it remains uncertain this was intervention, but reports suggest authorities may have shifted tactics to avoid advance signaling, which could make further weakness harder.
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