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Japanese officials said U.S. Treasury Secretary Bessent understands the Bank of Japan's independence.

2026-09-01

Japanese officials said U.S. Treasury Secretary Bessent understands the Bank of Japan's independence.

Other News
2026-09-01

ECB governing council member Rehn warned a protracted 'war of attrition' in Iran could keep euro-area inflation elevated and that the bank must prepare for that risk. His remarks, ahead of markets pricing a 25bp hike next week, pointed to higher ener

ECB governing council member Rehn warned a protracted 'war of attrition' in Iran could keep euro-area inflation elevated and that the bank must prepare for that risk. His remarks, ahead of markets pricing a 25bp hike next week, pointed to higher energy prices after the near-closure of the Strait of Hormuz. 'We must not be complacent in the face of these inflationary pressures,' Rehn said. 'We cannot afford any burdensome crisis in Europe.' The comments mark a hawkish shift from Rehn, who until recently placed greater weight on growth risks than inflation, suggesting support for further tightening on the council has broadened.
2026-09-01

LGT Private Bank Asia says the South Korean won’s medium-term outlook is constructive, citing record current-account surpluses, resilient tech and storage-chip exports spreading into the broader economy, and a hawkish Bank of Korea. LGT cut its USD/K

LGT Private Bank Asia says the South Korean won’s medium-term outlook is constructive, citing record current-account surpluses, resilient tech and storage-chip exports spreading into the broader economy, and a hawkish Bank of Korea. LGT cut its USD/KRW forecasts to 3M 1490→1400, 6M 1460→1420 and 12M 1450→1420. The bank remains bullish on multi-year AI-driven growth in Korea but warns a hit to market sentiment or a slowdown in AI-related capex could prompt large equity outflows and quickly reverse won gains.
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