Major victory for Wall Street! The Federal Reserve plans to make "significant changes" to stress tests for Banks.

Institutions in the USA are facing pressure from the incoming Trump administration and bankers.

Golden10 Data08:45

Goldman Sachs: The yen is at a "sweet spot" that will attract foreign investment to purchase Japanese Stocks.

Bruce Kirk, chief Japan stocks strategist at Goldman Sachs, stated that the current level of the yen against the dollar is beneficial for overseas investors to purchase Japanese stocks. He believes the risk of the exchange rate dropping below the 160 mark is limited, considering it might trigger some form of intervention by Japanese authorities. On Tuesday in the Tokyo market, the yen was around 157.13 against the dollar. This provides overseas funds with a "sweet spot" to buy Japanese stocks at a relatively low price, reducing the likelihood of a decline in the dollar value of these stocks due to yen depreciation in the future. Kirk believes that if the yen appreciates, this would also bring some.

Global Market Report07:41

Express News | Goldman Sachs has set a 12-month target for the Japan Tokyo Stock Exchange Index at 3,100 points, while the index closed at 2,726.74 points on Monday. UBS Securities Japan and JPMorgan have target levels for the index at 2,900 points and 3,000 points resp

Breakings07:40

J.P. Morgan Asset Management Quietly Appoints New Head of U.S. Equity -- Barrons.com

Barron's05:22

Fed to Seek Public Comment on Bank Stress Test Process

WSJ05:00

Express News | The Emerging Markets Bonds ETF has experienced the largest outflow of funds since March, with the Federal Reserve suggesting that future rate cuts will be smaller than previously estimated in September.

Breakings01:25