EUR/USD
1.15338
-0.322%
Gold
4642.96
-1.346%
Oil
104.781
4.030%
USD/JPY
159.771
0.296%
GBP/USD
1.32271
-0.308%
GBP/JPY
211.335
-0.093%
Real-time News
According to Iranian media Mizan, the head of Irans Ministry of Justice urged judges to expedite the sentencing of "agents of aggression."Singapores Deputy Prime Minister: We will enhance resilience by building strategic reserves and diversifying supply sources.On April 7th, former Bank of Japan (BOJ) Policy Board member Seiji Adachi stated that the BOJ is likely to raise interest rates before July, as the Middle East war has led to soaring oil costs, increasing the risk that the central bank will lag behind the curve in addressing growing inflationary pressures. Adachi noted that the underlying inflation rate has reached the BOJs 2% target, and last weeks Tankan survey showed that companies five-year inflation expectations reached 2.5%. He stated that the surge in oil prices and supply constraints caused by the Iran war provide further justification for the BOJ to raise its short-term policy rate from the current 0.75% soon. He said, "The BOJ would be better off raising interest rates to a level neutral to the economy as soon as possible," adding that Japans neutral interest rate is likely around 1.25%. However, Adachi stated that the probability of a rate hike in April is "50%", as the Iran war keeps markets volatile and obscures Japans fragile economic outlook.The central banks of South Korea and France held a seminar on digital assets and climate change.April 7 – Kuomintang (KMT) Chairperson Cheng Li-wen led a delegation to Shanghai today (April 7) and will travel to Nanjing. Since taking office, Chairperson Cheng has repeatedly expressed her desire to visit mainland China. During this visit, Chairperson Cheng and her delegation will tour Jiangsu, Shanghai, and Beijing.
