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Two accused teenagers to remain in custody for at least two more weeks | SaltWire #newsupdate #newsA week jam-packed with major market events kicked off with some wild action in Japan's yen during a public holiday there, with a withering drop in the currency to 34-year lows of 160 per dollar meeting predictable intervention speculation that triggered an equally eye-watering rebound.
But its spur to dollar-denominated energy import prices and a potential disturbance of the competitive landscape across Asia's big exporting nations means the Japanese authorities will likely not want this move to get out of hand. But it's done little to change the policy outlook - with this week's Fed signalling likely to remain non-committal while perhaps nodding to discussions on slowing its balance sheet reduction.
Most auction sizes are expected to remain unchanged, as it has already promised, but much of the attention may be on a likely bond buy back program.
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