BoJ board member Naoki Tamura, a known hawk, reinforced his stance on the need for tighter monetary policy, stating that Japan’s short-term interest rates should rise to at least 1% by the second half of fiscal 2025 to mitigate inflation risks. Tamura explained that inflationary pressures are mounting, necessitating a shift away toward a more […]
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BoE is widely expected to lower interest rates by 25bps to 4.50% today, marking its third cut in the current cycle. The central bank is likely to maintain a cautious stance, reinforcing its guidance of Read more…
Key Highlights Bitcoin price started a recovery wave from the $91,350 zone. BTC is facing hurdles near a key bearish trend line with resistance at $103,000 on the 4-hour chart. Ethereum price also recovered and Read more…
Australia’s NAB Business Confidence rose from -7 to -4 in Q4, reflecting a slight improvement in sentiment. However, Business Conditions remained unchanged at 3, as trading conditions slipped from 6 to 5, and profitability turned Read more…