EUR/USD
1.16962
-0.204%
Gold
4629.42
-1.117%
Oil
96.947
2.134%
USD/JPY
159.414
-0.001%
GBP/USD
1.35098
-0.172%
GBP/JPY
215.368
-0.172%
Real-time News
Bank of Japan Governor Kazuo Ueda: Interest rate hike decisions and quantitative tightening adjustments will be separate.On April 28th, Yuxuan Tang of JPMorgan Private Bank stated that the Bank of Japans decision to maintain interest rates in its first formal response following the Middle East wars and the recent weakening of the yen, while a 6-3 vote suggests a higher probability of a rate hike as early as June, is largely priced in. The market is currently betting on approximately two rate hikes in the remainder of 2026. "We believe the threshold for the Bank of Japan to significantly exceed this level is high," she said. Japan is walking a tightrope of stagflation: high energy prices and a relatively low energy self-sufficiency rate compared to other major economies make it more vulnerable to external shocks. High-cost subsidy programs and other fiscal measures are expected to put pressure on public finances. Against this backdrop, the Bank of Japan may need to maintain a relatively accommodative policy stance to cushion demand losses.Japanese Foreign Ministry: Japanese Foreign Minister Toshimitsu Motegi held talks with the Australian Foreign Minister. Both sides agreed that, with the help of Japanese Prime Minister Sanae Takaichis visit to Australia next week, they could work together to promote regional development. Furthermore, the two foreign ministers reaffirmed the importance of ensuring a stable supply of energy and essential resources to the region given the current energy situation in the Asia-Pacific region.Bank of Japan Governor Kazuo Ueda: We will continue to gather information and coordinate with overseas regulatory agencies.Bank of Japan Governor Kazuo Ueda: But given the industry’s low transparency, caution is still needed.
