Bank of Japan Stands Pat on Rates and Bond Buying, Hitting Yen
The Bank of Japan held its interest rate settings steady and simplified its language on bond-buying at a two-day meeting that took place after the yen hit a fresh 34-year low this week.
The Bank of Japan held its interest rate settings steady and simplified its language on bond-buying at a two-day meeting that took place after the yen hit a fresh 34-year low this week.
Asian technology shares rose following stellar earnings reports from Microsoft Corp. and Alphabet Inc. overnight. The yen weakened to a fresh 34-year low after the Bank of Japan kept its key interest rate unchanged.
The yen weakened after an initially choppy response to the Bank of Japan keeping its key interest rate unchanged.
Oil headed for a weekly gain ahead of US inflation data that may give further clues on the path forward for monetary policy, shaping appetite for risk assets including commodities such as crude.
Peru was downgraded by S&P Global Ratings as political turmoil weighs on investor sentiment, curbing the growth outlook and constraining the nation’s capacity to rebuild fiscal buffers.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}