But the dollar/yen pair - and the 140 milestone - are in the spotlight this week, with the Fed expected to begin a U.S. easing cycle and the Bank of Japan...
Tokyo traders returned on Tuesday from a three-day holiday weekend, showing little inclination to repeat the yen's low-liquidity climb to the strong side of 140 per dollar, where it made a brief cameo on Monday.
The yen hit a 38-year low on the dollar in early July but has been on a tear since, gaining more than 12% as the gap between two-year U.S. and Japanese rates shrank by some 130 basis points over 11 weeks. Ahead of the Fed, a German sentiment survey due on Tuesday is expected to show a slight deterioration this month and U.S. retail sales are forecast to have contracted month-on-month in August.
Elsewhere in Asia, Australia's benchmark ASX 200 hit a record high while Chinese home appliance maker Midea rose 9.5% on its trading debut in Hong Kong. Mainland Chinese markets were closed for a holiday. Economics: German sentiment survey, U.S. retail sales, Canada CPIWe recently compiled a list of Cantor Fitzgerald’s Top Internet Stocks: Best Stocks To Buy According To $13.2 Billion Firm. In this article, we are going to take a look at where Etsy, Inc.
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Will Stacks [STX] surge 140%, reach $3.78 next?STX has surged by 15.68% over the past week. An analyst predicted that Stacks could experience 140% increase to $3.78.
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