Exchange events, growing Japan, German auto industry, oil, company news and the beginning of reports in the USA
Fundamental Analysis
• In Asian markets on Thursday, the yen was stuck at 161 yen per dollar, with markets in Tokyo and Taipei hitting record highs, as did New York on Wednesday. Over the month, the Nasdaq index rose more than 5%. The Bank of Korea kept interest rates as expected but removed a warning about inflation risks from its statement, echoing a similar shift in language a day earlier in New Zealand. Meanwhile, sterling hit a four-month high as Bank of England chief economist Hugh Pill did not cut interest rates in August as some had expected. Stocks rose broadly yesterday and US...