In this article, we will provide technical analysis on USD/JPY, Brent Crude Oil and Japan 225 Index.

Latest data showed that core inflation in Tokyo, Japan, rose more than expected in August, and continued high inflation may support the central bank's continued monetary tightening.

This article analyzes the impact of recent position changes in AUD/USD and USD/JPY on future price action.

This week is another crucial week for global markets, with the Jackson Hole Symposium set to be the main event.

The week ahead could be a crucial one for the markets, with economic data from the UK, the US, Japan and Australia keeping central banks on their toes.

Last week, global stock markets saw a sharp fall, with markets attributing the main reason to the unwinding of yen carry trades.

Bank of Japan Deputy Governor Shinichi Uchida said at an event on Wednesday that the central bank will not raise interest rates in times of financial market instability.

Data from China and Germany could further influence global economic sentiment amid growing concerns about the U.S. economy.

The next week may be a critical one. The Federal Reserve and the Bank of England will focus on cutting interest rates in 2024, while the Bank of Japan will consider raising interest rates and reducing the purchase of Japanese treasury bond bonds.

On Thursday, the exchange rate of the US dollar against the Japanese yen rose to below 153, reaching a high of over two months.

According to informed sources, officials from the Bank of Japan may not make a final decision until the last minute after reviewing the latest market and economic data at the meeting that ends on July 31st.

According to data from the US Commodity Futures Trading Commission (CFTC), as of the week ending July 16, leveraged funds reduced their net short contracts in yen by 38,025, the largest reduction since March 2011.

The US service sector purchasing managers' index, second quarter gross domestic product, and inflation data released this week will affect investors' bets on multiple interest rate cuts by the Federal Reserve in 2024.

On Thursday morning, the US dollar rose to around 155.5 against the Japanese yen, setting a six week high. The market speculated that authorities may intervene again to support the yen.

For global financial markets, the next week may be a crucial one. The European Central Bank, the Federal Reserve, and the Chinese economy will be the focus.

According to the latest retail sentiment analysis, the outlook for the USD/JPY remains mixed, while the GBP/USD may decline.

DXY may rise at the beginning of the third quarter, especially during the French elections. However, if the Federal Reserve's initial interest rate cut expectation gradually becomes clear this quarter, DXY may fall later.

US inflation data and testimony from Federal Reserve Chairman Powell this week may strengthen investors' bets on the Fed's September rate cut.

On Friday (July 5th), Asian stock markets hit a new high as investors expected the US to cut interest rates in September, while the euro reached a three week high on the eve of the French elections.

Although elections in Europe are highly anticipated, the Bank of Japan and the Reserve Bank of Australia will also be the focus as investors consider a possible interest rate hike in the third quarter of 2024.