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According to a CNBC survey on January 22, 18 of 19 economists expect the Bank of Japan to raise its benchmark interest rate by 25 basis points to 0.5% this week, the highest level since 2008. Economists said that public remarks by Bank of Japan Governor Kazuo Ueda and a speech by Bank of Japan Deputy Governor Ryozo Himino to business leaders last week indicate that the Bank of Japan intends to raise interest rates.
The main contract of the Container Shipping Index (European Line) narrowed its intraday gains to 4.87% and is now trading at 1385.4 points, having previously risen by nearly 9%.
Petroleum Association of Japan (PAJ): Japans kerosene inventories rose by 17,000 kiloliters to 2.11 million kiloliters in the week ending January 18.
Petroleum Association of Japan (PAJ): Japans gasoline inventories fell 75,000 kiloliters to 1.78 million kiloliters in the week ending January 18.
Petroleum Association of Japan (PAJ): Japans commercial crude oil inventories increased by 750,000 kiloliters to 10.62 million kiloliters in the week ending January 18.
The World's Largest Gold ETF-SPDR GOLD TRUST Position Report
The World's Largest Gold ETF-SPDR GOLD TRUST Position Report
Date
(US Time)
Total Inventory
(Ton)
Increase/ Decrease
(Ton)
Total Value
($100 Million)
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Sources: Jin10.com