Fears of a sharp downturn in the global #economy have sent #markets convulsing again, w/action focused on #currencies & #bonds as the escalating #US – #China #TradeWar has investors fleeing #dollar-based assets.
Stock futures in Europe pointed to a subdued open but the Swiss #franc reached a 10-yr high & the #yen was its strongest in 6 months. #Gold prices resumed their march to successive record highs & the #euro rose to levels not seen since Feb 2022.
King dollar no more.
Investors are turning to the Japanese Yen as a safe haven currency hedge against Trump’s tariff risks.
Just checked now-- it is ~ 148 yen to 1 dollar.
I did find one song that I like with #Yen in the title. And look here, it is still very much Friday for #AlternateFridayMusic 
Slipknot ~Yen
https://song.link/s/5ih5d9WJSI7Hxz0KIPJPY2
#AqiIsNowPlaying
#DragoTreasures
#Music
@bborn
@alfvaen
@dgar
@Bishopjoey https://mindly.social/@bborn/113603321863565949
Join us for #FortnightFridayMusic by @MarkIngs tomorrow.
The word for Nov 29 is "Creation"
Post and tell us about a song with a title, lyric, theme or meaning related to the word.
Upcoming biweekly words are:
Dec 13 #Baby
Dec 27 #Answer
Also, Join in the biweekly #AlternateFridayMusic next week.
Upcoming word are:
Dec 06 #Yen
Dec 20 #Zen
Notorious nagging:
@dgar @Bishopjoey @AqiDrago @alfvaen
Join in the biweekly #AlternateFridayMusic by @MarkIngs tomorrow.
The word for Nov 22 is "X-ray"
Post and tell us about a song with a title, lyric, theme or meaning related to the word.
Upcoming biweekly words are:
Dec 06 #Yen
Dec 20 #Zen
Also, Join us next week for #FortnightFridayMusic
Upcoming biweekly words are:
Nov 29 #Creation
Dec 13 #Baby
This is an actual scan of my skull and definitive proof that it is not, in fact, empty.
Notorious noodging:
Join us for #FortnightFridayMusic by @MarkIngs tomorrow.
The word for Nov 15 is "Demon"
Post and tell us about a song with a title, lyric, theme or meaning related to the word.
Upcoming biweekly words are:
Nov 29 #Creation
Dec 13 #Baby
Also, Join in the biweekly #AlternateFridayMusic by @MarkIngs next week.
Upcoming word are:
Nov 22 #Xray
Dec 06 #Yen
Notorious nagging by,
@dgar @Bishopjoey @AqiDrago @alfvaen
Bonus point to the other 2 people out there who get this pic 
Join in the biweekly #AlternateFridayMusic by @MarkIngs tomorrow.
The word for Nov 08 is "Worry"
Post and tell us about a song with a title, lyric, theme or meaning related to the word.
Upcoming biweekly words are:
Nov 22 #Xray
Dec 06 #Yen
Also, Join us next week for #FortnightFridayMusic by @MarkIngs
Upcoming biweekly words are:
Nov 15 #Demon
Nov 29 #Creation
Proudly pestering since 2024!
@dgar @Bishopjoey @AqiDrago @alfvaen
"I want you to break up into pairs and talk about lucky #objects. Later we'll be writing on the topic," Mr. Cuellar said.
Adia was paired Nayira.
"I used to have a rabbit's foot," said Nayira. "Till my dad pointed out it hadn't been so lucky for the rabbit. Now I have a fossil trilobite---something so long-lasting has to be lucky."
Adia held up flat, round #object she wore on a chain. "It's an old 5-#yen coin my great-granddad got in the 1950s. A coin with a hole!"
"We need to get you some local clothes," Tseluna said to Rory.
She led him into a boutique & picked out a stylish outfit.
"Try this on!"
After inspecting him, she spoke to the clerk in Japanese. They went to the register & she extracted eight 10,000 #yen bills to pay.
After she paid, Rory asked, "Where did that money come from?"
"I'm rich, you know," she said, archly.
"But did you have that money before?"
"No," she admitted. "I just made it with magic. It's way more convenient."
Today's Wandering Shop Stories #prompt is #yen. Feel like writing something short and sweet that has the word "yen" in it? Check out the definitions of the word at: https://www.merriam-webster.com/dictionary/yen Join in and tag it with #wss366! #writing #WritingLife #microfiction h/t @stevendbrewer
Why the Japanese Yen Is So Volatile
“…The trouble began when the yen’s value started rising after the Bank of Japan hiked interest rates for a second time this year. Now, as the dust settles, investors and Japanese business owners alike are questioning the yen’s role in the global economy.”
#Video length: ten minutes and twenty two seconds.
#Giappone
Lo #yen sta crollando. Anche il bilancio della Difesa giapponese
Il nuovo bilancio ha rotto i precedenti di lunga data in materia di contenimento delle spese e di dipendenza dalle forze statunitensi. #Kishida ha salutato l’aumento delle #spesamilitari come un “punto di svolta” nella storia del Giappone.
Ora, con l’indebolimento dello yen rispetto al dollaro, il costo delle attrezzature, tra cui elicotteri, sottomarini e carri armati, è salito alle stelle.
https://www.economymagazine.it/yen-sta-crollando-bilancio-della-difesa-giapponese/
Yen-Schwäche in Japan: "Eine Abwertung ohne Beispiel"
Die japanische Landeswährung Yen fällt und fällt. Vor kurzem rutschte sie gegenüber dem Dollar auf den tiefsten Stand seit 1986. Was sind die Gründe? Und welche Folgen hat das für die Industrienation? Von Antje Erhard.
Weak Yen Forces Arri to Temporarily Close Its Japan Office and Service Operations https://petapixel.com/2024/06/24/weak-yen-forces-arri-to-temporarily-close-its-japan-office-and-service-operations/ #filmmaking #Industry #business #industry #cameras #japan #News #arri #yen
#BoJ preview: A still negative neutral rate calling for pause notwithstanding weak #Yen
https://aliciagarciaherrero.substack.com/p/boj-preview-a-still-negative-neutral?utm_source=dlvr.it&utm_medium=mastodon
Recently I've eaten out more than ever before, with my wife, guiding French friends of a friend (Kyōto specialties and Indian curry), an American journalism professor (o-konomi-yaki, "Japanese pancakes"), and friends visiting from Vienna: a film director and his Japanese opera singer wife (soba noodles with fish, and sakura petal tea), plus sweets with everyone. With the weak #yen, visitors who #travel here find that everything seems incredibly #cheap in Japan now.
After getting #matcha green #tea last year for my wife in Uji where it's grown, recently I've been switching over from coffee to green tea. Even if I don't need it for #health, I'm enjoying it.
An old friend from New York asked #ChatGPT the question in my presentation for the government (last picture) about why #Japanese have the world's longest #healthy years. But the #AI answers seemed to repeat stereotypes about #japan Observing the #food is more realistic, so AI is not needed where we have #human expertise.
Schwacher Yen: Wird Japan zum bezahlbaren Reiseziel?
Tokio, der Heilige Berg Fuji, Tempel und Täler: Japan gilt als lohnendes, aber sehr teures Reiseziel. Der Wertverlust des Yen könnte eine Reise aber für viele erschwinglich machen. Von Mailin Engels.
