With oil prices spiking to seven-year highs, Kishida said on Monday Japan, which imports all but a tiny amount of its energy needs, will urge global oil producers to increase output. Markets are focusing on what Bank of Japan Governor Haruhiko Kuroda will say about the recent yen moves at his briefing scheduled after the bank's policy meeting next week.
Some analysts see yen against the dollar as Kuroda's line-in-the-sand, a level marked in when he warned the yen's real, effective rate was "unlikely to fall further.
Core consumer prices were flat in August from a year earlier, halting a month run of declines on higher energy costs. Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox. How to play that scenario. This strategist is worried less about inflation and more about demand.
Auto Maker After Tesla. Gold scores a 6th straight rise, settles at highest since June. Vivien Lou Chen. My wife is a stay-at-home mom. Reuters , London. The risk-sensitive Aussie dollar added 0.
New Zealand's kiwi dollar jumped 0. Get our Daily News Capsule Subscribe. Thank you for subscribing to our Daily News Capsule newsletter. Whatsapp Twitter Facebook Linkedin. Sign Up.
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