Morning Bid: Trump goes easy on China in his first week
A look at the day ahead in European and global markets from Tom Westbrook A rate hike in Japan added momentum to a tide of dollar selling in the Asia…
Economy
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Instant View: Investors react to interest rate hike from BOJ
SINGAPORE (Reuters) – The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation…
BOJ hikes interest rates by 25 bps, sees slower growth and higher inflation
Investing.com– The Bank of Japan raised interest rates by 25 basis points, as expected, with the central bank forecasting that inflation will remain underpinned and around its annual target in…
Yen gains, bond yields rise after BOJ hikes rates
By Kevin Buckland TOKYO (Reuters) – The yen strengthened and Japanese government bond yields rose to fresh multi-year highs on Friday after the Bank of Japan hiked interest rates as…
Trump says he could reach trade deal with China, calls talk with Xi ‘friendly’
By Kanishka Singh WASHINGTON (Reuters) – U.S. President Donald Trump said his conversation with Chinese President Xi Jinping last week was friendly and he thought he could reach a trade…
Japanese pay increases this year must exceed last year’s, Rengo union head says
TOKYO (Reuters) – Japanese annual pay increases this year must exceed the 5.1% secured last year because real wages continue to fall, the head of the Rengo trade union group…
Trump signs executive order to boost US leadership in AI
Investing.com– President Donald Trump signed an executive order on Thursday, aimed at strengthening the United States’ position as a global leader in artificial intelligence (AI). The order sets the stage…
Yen on guard ahead of BOJ decision; dollar set for weekly loss
By Rae Wee SINGAPORE (Reuters) – The yen was front and centre for currency markets on Friday ahead of a Bank of Japan (BOJ) policy decision where it is all…
China cenbank conducts medium-term loan operation, rate unchanged
SHANGHAI (Reuters) – China’s central bank conducted a medium-term loan operation on Friday and left the interest rate unchanged. The People’s Bank of China (PBOC) lent 200 billion yuan ($27.46…
UK consumer morale sinks to lowest since late 2023: GfK survey
(Reuters) – British consumer confidence sank this month to its lowest level in over a year, marking the steepest drop between the months of December and January since 2011, according…