The Bank of Japan raised its policy rate by 25 basis points to 1.00%, as widely expected, marking the highest interest rate level in 31 years and the first time since 1995 that rates have reached 1%. The move follows December’s increase from 0.50% to 0.75% and represents another step in the central bank’s gradual […]
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European currencies are staging a solid recovery after a period of heightened demand for the US dollar, which had previously been supported by geopolitical tensions in the Middle East. Reports that the United States and Read more…
Key takeaways Markets embraced a strong risk-on rally after the US and Iran agreed on a framework to extend the ceasefire for 60 days and fully reopen the Strait of Hormuz, sharply reducing geopolitical and Read more…
In Focus Today The US-Iran deal is in the spotlight after a series of overnight updates. The agreement has effectively been signed, ending the US naval blockade of Iranian ports, reopening the Strait of Hormuz Read more…