Are Yen Investors Losing Faith in BOJ Stimulation?

Japanese shares declined, weighed down by a stronger yen, after Federal Reserve minutes indicating a rate increase won’t be coming soon weakened the dollar. The Topix index slid 1.6 percent to 1,290.79 at the close in Tokyo, while the Nikkei 225 Stock Average also lost 1.6 percent. The yen rose 0.5 percent against the greenback to 99.81, near its strongest level since November 2013, after July minutes showed Fed officials generally agreed to wait for more data before raising interest rates again. JPMorgan Strategist Alexander Dryden discusses with "On the Move" host Guy Johnson.

How Failing at Acting Led Les Moonves Behind the Camera
03:59 - CBS Chairman and CEO Leslie Moonves talks about how being a self-described "mediocre actor" led him to become one of the great talent and show producers in Hollywood. He speaks to David Rubenstein for "The David Rubenstein Show: Peer-to-Peer Conversations." (Source: Bloomberg)
  • CDU's Fuchs Sees Delay in Building German Coalition
  • CFR's Haass Is Baffled by Tillerson's Policy Approach
  • OECD's Mann Says Fed Hike May Take Fluff From Markets