A composite of two unrelated items: U.S. Treasury Secretary supports a joint move regarding Japan, and Statistics Canada reports strong GDP growth.
1 report, 1 independent
Updated Aug 28
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What happened
A composite of two unrelated items: U.S. Treasury Secretary supports a joint move regarding Japan, and Statistics Canada reports strong GDP growth.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Scott Bessent
United States Secretary of the Treasury
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Statistics Canada
Canada's principal government institution in charge of statistics and census data
Related events
- Statistics Canada reported Canada's inflation rate while the Bank of Japan manages its economy amid weak yen concerns.
- Pioneer Investments analyzes Japan's FX move, noting that both nations reduced foreign holdings of US Treasuries.
- A joint yen-buying operation has been initiated to stabilize markets, concurrent with warnings from the U.S. Treasury regarding yen volatility risks.
- The US and Japan jointly intervened in the currency market to support the Japanese Yen, with expert commentary from Monex Group to CNBC.
- BOJ conducts a record $90BN intervention to support the yen amid falling Japanese foreign securities holdings.