US EditionBREAKING NEWS: BOJ Keeps Benchmark Interest Rate Unchanged at Policy Meeting
TOKYO, JAPAN, JUL 31 – The Bank of Japan maintains a cautious monetary stance, awaiting sustained inflation near its 2% target while monitoring moderate economic recovery and global uncertainties.
9 Articles
9 Articles
Yen weakens to 150 vs. dollar on receding early BOJ rate hike hope
The yen briefly weakened to the 150 range against the U.S. dollar on Thursday, its lowest level since early April, on receding speculation over an early interest rate hike by the Bank of Japan. The Japanese currency was already facing selling pressure after the U.S. Federal Reserve and the Bank…
Yen Consolidates; May Strengthen on Possible Technical Recovery
0041 GMT — The yen consolidates against other G-10 and Asian currencies in early trade, but may strengthen on a possible technical recovery. The yen was the standout mover overnight, NAB’s Ray Attrill says in commentary. Attrill cites BOJ...
Mixed financial markets following decisions by the EDF and the Bank of Japan. Photo: taken from Freepik Asia-Pacific Stock Exchanges In Asia, Tokyo's Nikkei index has closed with a 1% rise, Shanghai's stock exchange benchmark lost 1.18 % and Shenzhen's stock exchange yielded 1.73%. Hang Seng is also left at 1.58%. The Bank of Japan left interest rates unchanged, adding that it will raise interest rates in the future if the economy and inflation …
The three dates of the day are the decision of the Bank of Japan, the US PCE of June and the results of Apple, Amazon, Sanofi, Ferrari, BMW, Mastercard, ING, BBVA, DSV, Merlin Properties, Amadeus, Reunited Techniques, OHLA, Day or Catalan West. From the meeting of the Bank of Japan no new developments are expected, so the rates will remain at 0.50%, while the US PCE for the month of June should pick up to 2.5% from the previous 2.3%. “After a no…
Coverage Details
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
