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The Philippine peso slid to a record low on Wednesday, the weakest Asian currency, after a global bond sell-off and a US strike on Iran lifted oil above $95/bbl and knocked regional risk appetite. The MSCI Global Emerging Markets Currency Index fell

2026-09-02

The Philippine peso slid to a record low on Wednesday, the weakest Asian currency, after a global bond sell-off and a US strike on Iran lifted oil above $95/bbl and knocked regional risk appetite. The MSCI Global Emerging Markets Currency Index fell 0.2%—a move that, if sustained, would be the worst single-day decline in a month and end a 10-day advance. MSCI Asia Emerging Markets equities dropped 1.8% to their lowest level in over a week as US Treasury yields climbed to multi-year highs, prompting broad EM risk selling.

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2026-09-02

UEDA, governor of the Bank of Japan, said he hopes to discuss at the next meeting whether the likelihood that the BOJ's economic scenarios will be realized has increased and whether inf risks have risen.

UEDA, governor of the Bank of Japan, said he hopes to discuss at the next meeting whether the likelihood that the BOJ's economic scenarios will be realized has increased and whether inf risks have risen.
2026-09-02

UK 10-year bond yield climbed to a fresh high since August 2007 at 5.29%, up 7 bps on the day.

UK 10-year bond yield climbed to a fresh high since August 2007 at 5.29%, up 7 bps on the day.
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