Bank of Japan Policy Board Member Kazuyuki Masu argued on Thursday that further monetary normalization is needed precisely to reduce the risk that the BoJ is forced into much faster tightening later. Speaking to local leaders in Fukui, Masu said financial conditions remain accommodative and warned that if inflation accelerates, the Bank could “inevitably need […]
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Key Highlights WTI Crude Oil started a fresh surge above $93.50 and $95.00. A bullish trend line is forming with support at $92.40 on the 4-hour chart of XTI/USD. Bitcoin could see a downside correction Read more…
The U.S. administration’s latest response to Canada’s retaliatory tariffs following the breakdown of bilateral trade negotiations may sound alarming, but they represent a relatively minor escalation in the trade war. New U.S. measures include: Changes Read more…
The U.S. response to Canada’s counter-tariffs was threefold: stop imports of some products, remove tariffs on a handful of products, and introduce new tariffs on others. The products excluded from import include whey, alcoholic beverages, Read more…