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Published: 2024-11-21T04:50:14.000Z

Asia Summary and Highlights 21 November

byCephas Kin Long Yung

FX Analyst
6

Japanese media, NHK, reported Japan's economic package expected around 21.9 trillion yen

Asia session

Japanese media, NHK, reported Japan's economic package expected around 21.9 trillion yen. While the details are far from certain, the Japanese government has mentioned it contain measures to ensure sustainable wage increase. USD/JPY held itself above 155 figure to trade 0.22% lower at 155.04 as U.S. Treasury Yields slide while JGB yields steady.

Broad equity indexes are all soft, the USD has taken a step back against major. AUD/USD gained the most by 0.17% to 0.6516, NZD/USD is up 0.03% while USD/CAD slips 0,06%. Else, EUR/USD is up 0.07% and GBP/USD is up 0.01%.

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