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Yen Languishes Near 4-Decade Low

The Japanese yen was little changed at around 161.7 per dollar on Monday, remaining close to its weakest level since 1986 despite data showing retail sales rose 5.3% in May, the fastest pace since November 2023, supported largely by a government stimulus package that boosted consumer spending.A str…

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EconomyForex

Japan Week Ahead: BOJ June Quarter Tankan Business Survey to Show Mideast Conflict Dented Confidence Slightly, Pushed Up Costs for Many Sectors

--Hot Weather, Rising Stock Markets Seen Lifting Retail Sales in May, Job Creation Continues, Factory Output to Extend Monthly Gain on Export Demand(MaceNews) – The tentative U.S.-Iran peace agreement has led crude oil prices lower to pre-war levels, calming jitters among policymakers and investors…

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Economy