Market News

The Bank of Japan held a monetary policy meeting earlier today, where it was a unanimous vote that all the current policy measures should remain in place.

Bank of Japan Holds Policy Steady, Yen Drops; US Dollar Rises; British Inflation, US PPI Data Due Today

Chinese GDP at 2.9%; Japanese Bond Yields Breach Ceiling; Gold, Canada Inflation Data Due Today.

Yen Rises, Markets Ponder Upcoming BoJ; Stocks Higher, US Dollar Lower; Gold, EUR/USD Reach New Multi-Month Highs

Annualized US inflation fell from 7.1% to 6.5% over the past month.

Markets Await US CPI data; Report: BoJ Will Consider Policy Side Effects Next Week; Stocks Higher, US Dollar Lower; Gold, Copper, EUR/USD Reach New Multi-Month Highs.

Markets Optimistic on US CPI Tomorrow, Risk Assets Rise; Stocks Higher, US Dollar Lower; Gold, Copper Reach New Multi-Month Highs.

Daly, Bostic Hawkish Comments; Euro, Aussie Hit Long-Term Highs Against USD; Gold, Copper, Cocoa Reaches New Multi-Month Highs

Chinese HSI Reaches 5-Month High; Gold Reaches New 6-Month High; Risk Sentiment Improved on China Opening

The latest FOMC meeting minutes show that the “restrictive policy” of a tightening of monetary direction will have to be continued while inflation remains high.

FOMC Minutes Show Stern Resolve, Warning; Gold Reaches New 6-Month High; Amazon, Salesforce Announce Major Job Cuts

FOMC Minutes Hoped to Explain Inflation Fear; BoJ Announced More Bond Purchases; US Dollar Spike Ends.

Gold and Silver Make Bullish Breakouts; Japanese Yen Continues as Strongest Currency; HSI Close to 4-Month High

Bank of Japan’s Spontaneous Buying Boosts Yen; Kiwi Strong, Dollar & Swiss Franc Weak; Stocks Lower on China Covid Fears.

Gold and Precious Metals are Strong; Aussie Strong, Yen Weak; HSI Rises by >1%; Treasury Yields Higher