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Market news: Explosions have been heard in Kyiv, Ukraine.
2026-08-20
Market news: Explosions have been heard in Kyiv, Ukraine.
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2026-08-20
JPMorgan says the Bank of Japan faces an increasingly difficult policy loop: rising yen depreciation pressure could force earlier rate hikes, but a September move seen by markets as a direct response to the currency may encourage bets on faster follo
JPMorgan says the Bank of Japan faces an increasingly difficult policy loop: rising yen depreciation pressure could force earlier rate hikes, but a September move seen by markets as a direct response to the currency may encourage bets on faster follow-ups and raise policy-expectation uncertainty. After June’s tightening, a September hike would shorten the interval to three months, faster than the previously signaled gradual, data-dependent pace. JPMorgan cautions that if markets price a ‘weaker yen → BoJ hikes’ feedback, future tightening may become market-driven, increasing the sensitivity of the yen and JGBs to exchange-rate swings; it therefore expects policy adjustments in September and December, advancing BoJ normalization.
2026-08-20
NetEase (NTES.O) U.S.-listed shares fell as much as 6% in pre-market trading.
NetEase (NTES.O) U.S.-listed shares fell as much as 6% in pre-market trading.
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