Bonds from Japan and China are moving in opposite directions, and it may soon create an opportunity not seen in two decades. The spread or the gap between the Japanese 10-year government bond yield and China’s 10-year government bond yields is approaching zero,
This seems to feed into the growing sense that Trump is underdelivering on protectionism compared to pre-inauguration remarks, and that ultimately some of those tariff threats may not materialise as long as some concessions are made on trade.
It is the highest level since October 2008 as the economy makes steady progress toward the bank’s goal of stable 2% inflation and wage-backed growth.
TOKYO -- The Bank of Japan (BOJ) on Friday raised its policy interest rate to the highest level in 17 years, marking another step to unwind its long-standing ultra-loose monetary stimulus.
U.S. President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of not providing banking services to conservatives, echoing Republican complaints about the industry.
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The BOJ raised interest rates to their highest since the 2008 global financial crisis, with attention now shifting to any clues from BOJ Governor Kazuo Ueda in his briefing on the pace and timing of f
BoJ and RBA decisions dominate 2025’s early trends. Wage growth, inflation, and China’s stimulus measures drive Forex markets. Read key insights here.
Japan's central bank has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level.
The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S. President-elect Donald Trump takes office, a move that would lift short-term borrowing costs to levels unseen since the 2008 global financial crisis.
Gold is back on its way to the all-time high of $2,790, which is less than 1% away from current levels. Once above that, a fresh all-time high will present itself. Meanwhile, some analysts and strategists have penciled in calls for $3,000, but $2,800 looks to be a good starting point as the next resistance on the upside.