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Asia-Pacific markets are growing;  Japan travel stocks gain on border easing reports

Asia-Pacific markets are growing; Japan travel stocks gain on border easing reports

Expect more dollar-yen upside, says BofA The dollar-yen is likely to see further upside as policymakers in Japan are “somewhat conflicted” over whether to step in to defend its currency, said Claudio Piron, co-head of fixed income and foreign exchange. in Asia at Bofa Securities. Although the dollar-yen is approaching levels that have warranted action …

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Japan's Nikkei rises 2% in mixed Asian session after Wall Street rebound

Japan’s Nikkei rises 2% in mixed Asian session after Wall Street rebound

Pictet sees Europe as the most likely candidate for recession and expects a massive hike Europe’s economy is the world’s “number one” candidate for recession, Pictet Wealth Management said ahead of an expected massive hike by the European Central Bank. Head of macroeconomic research Alexandre Tavazzi said this was due to soaring energy prices, leading …

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