Boj

Market today: GIFT Nifty up 150 pts; here's your trading guide for Sept 23

The US Federal Reserve's core inflation data slated to be released on Friday will be eyed closely for further cues on rate cuts

Bank of Japan policymaker urges caution regarding interest rate hikes

The BOJ's plan to keep raising rates comes at a time when many other central banks are beginning to ease policy

Yen firms after BOJ's Ueda flags readiness to hike; markets await Powell

Bouts of Japanese interventions and the interest rate hike in July tripped up investors who unwound the popular carry trade, in which traders borrowed yen to finance high-yielding assets

BOJ highlights rising wage pressure from structural changes in job market

The findings back up the central bank's argument that broadening inflationary pressures warrant raising interest rates

Bank of Japan's policy path filled with risks after global market turmoil

In some ways, investor complacency after such a long period of steady BOJ policy made the likelihood of jumpy markets inevitable when it came time for Japanese authorities to exit

Yen carry trade, US recession threat: How brokerages interpret developments

India, analysts said, remains in a relatively better position amid strong fundamentals. Though valuations remain a concern, investors can use markets correction to buy quality stocks for the long-term

Global stock market sell-off: Chris Wood of Jefferies decodes impact

Indian stock market is much more resilient in the face of a US downturn and related Wall Street sell-off than the likes of Japan, Wood said

BOJ raises key interest rate, aims to curb yen's slide against dollar

The Bank of Japan raised its key interest rate Wednesday to about .25% from zero to about 0.1%, acting to curb the yen's slide against the U.S. dollar. The move was widely expected, and the yen gained sharply against the dollar ahead of Wednesday's decision, trading at 152.75. But the dollar rebounded slightly after the decision, to 153.17 yen. Share prices in Tokyo slipped 0.2% after the decision, to 38,463.18 after the decision. The central bank has kept interest rates near or below zero for years, seeking to spur inflation in hopes that would sustain stronger growth for one of the world's largest economies. That strategy has proven controversial. It did help to end a prolonged bout of deflation, or falling prices. But since wages failed to keep pace with price increases, consumers have tended to spend less rather than more. Still, the bank said conditions warranted a change. A weak yen has pushed prices in Japan higher since it makes imported gas, oil and other necessities more

Asian stocks steady, yen firm ahead of Bank of Japan's policy decision

Focus will be on whether the BOJ will raise rates, with several Japanese media reporting that the bank would consider raising rates

Global currencies stabilise amid Central bank decision uncertainty

Japan's yen was one of the bigger movers, heading away from Friday's 148.80 per dollar, its weakest in a month, to as firm as 147.74, as the Bank of Japan started its two-day policy meeting

Yen falls after BOJ stands pat; hawkish ECB and soft US data dent dollar

The decision by the BOJ to keep its short-term interest rate target at -0.1% and its 10-year bond yield around 0% was widely expected

Troubled Silicon Valley startup bank spooks share markets, bonds rally

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.3% to a two-month low, with banks and Hong Kong tech stocks leading losses, while London and European futures each slid more than 1%

Yen drops as BOJ sticks to ultra-easy policy, sterling hits one-month high

The dollar index, which measures the safe-haven dollar against six peers including the yen, fell 0.4% at 102.01

Going against the world tide, Bank of Japan maintains ultra-low rates

The central bank kept its policy settings for yield curve control and asset purchases, according to a statement on Friday, in line with the forecasts of almost all surveyed economists

Yen bounces as BoJ drags heels on bond buying; export prices remain high

After touching a six-year low of 122.44 per dollar in the morning, by the Tokyo afternoon the yen had snapped a five-day losing streak and was up as far at 1% to 121.18

Euro rises to one-week high on hopes for progress in Ukraine peace talks

New Fed projections showed policymakers ready to shift their inflation fight into high gear; most of them see the federal funds rate rising to a range between 1.75% and 2% by the end of 2022

Board reshuffle in July may open scope for less dovish Bank of Japan

Any such change won't lead to an immediate policy tightening and would mark only a subtle shift in the nine-member board, which has consistently voted to keep policy ultra-loose

Bank of Japan defends key bond yield target as global rates pressure builds

The BOJ said last week it would buy an unlimited amount of 10-year government bonds at 0.25% to prevent rising global yields from pushing up domestic borrowing costs too much

BOJ's Kuroda warns of lingering Covid pandemic pain for economy

The world's third-largest economy is seeing a resurgence in COVID-19 infections

BOJ joins Fed in signalling easing, keeps monetary rate steady for now

The BOJ is in a bind