Markets The Bank of Japan lifted its policy rate as widely expected from 0.75% to 1.0%, the highest level since 1995. The board voted 7-1 in favor, with board member Asada, appointed by Prime Minister Takaichi, supporting the status quo. Governor Ueda is hospitalized and did not cast a vote. The policy statement highlighted that […]
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The USDJPY pair declined to 160.13 on Tuesday after two highly volatile trading sessions. Investors remain focused on the Bank of Japan’s latest policy meeting. The regulator raised its key interest rate by 25 basis Read more…
Memory and storage chip companies surged on Monday, June 15, after the United States and Iran announced a peace agreement that will reopen the Strait of Hormuz. The rally didn’t come about because the AI Read more…
RBA holds cash rate steady at June meeting as expected, strikes a hawkish tone with rate hikes still on the table. As was all but universally expected, the RBA Monetary Policy Board (MPB) held the Read more…