About this episode
The episode discusses the sharp rise of the yen amid thin liquidity and explores various economic factors affecting markets.
With Japanese markets on holiday and liquidity thin, the yen jumps sharply on what sources suggest may be a second round of official buying. Central banks in Europe lean hawkish despite stagflation concerns, while Apple's earnings beat is tempered by Tim Cook's warning that iPhone prices could rise due to chip shortages. Today’s recommended read: The UAE dumping OPEC may not affect crude as anticipated, by Clyde Russell Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest Produced by Eliza Davis Beard, Ethan Plotkin and Abisoye Adelusi Sound engineering and music by Sebastian and Josh Sommer Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices
People in this episode
Host: Mike Dolan
Topics covered
- Japanese markets
- yen
- central banks
- Apple earnings
- OPEC
- crude oil
Keywords
- yen
- Japanese markets
- Apple earnings
- Tim Cook
- OPEC
- crude oil
- central banks
- stagflation
Mentioned in this episode
Organizations: Reuters, Apple, OPEC
Places: UAE, Japan
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