Morning Bid: Yen vigil keeps markets on edge

Barley Risotto and Kimchi: A Culinary Crossroads| SaltWire #food #cookingshorts #kimchiAnother day, another warning from Tokyo has kept a check on the yen's slide, with the Asian currency ever so close to the 34-year low of 151.975 it touched last week, spurring repeated intervention warnings.

And while investors remain wary of a return of higher-for-longer narrative, most analysts suspect that the Fed is more concerned with inflation, which have eased, and the labour market, with payrolls data due later in the week. A slew of manufacturing activity data across Europe along with inflation data for Germany will also take the spotlight as investors assess the health of the region's economy.

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