Bank of Japan (BoJ) news

The Bank of Japan (BoJ) is the central bank of Japan. It conducts monetary policy to achieve price stability and financial system stability. The BoJ employs various tools, including quantitative easing and yield curve control, to influence economic activity and promote sustainable growth in Japan.

Week Ahead - Debt ceiling drama, Turkish rate decision pre-Presidential run-off

Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, flash PMIs, and bank stress. It will be a busy week filled with economic releases, with most of the attention falling on the first look at the May PMI readings, a second look at Q1 GDP/Core PCE, New Home Sales, and the FOMC meeting minutes.

19-05-2023 12:29 GMT by Craig Erlam

USD/JPY extends gains post-BoJ meeting

Bank of Japan meeting weighing on yen JP Morgan buys First Republic assets USD/JPY continues to rally and is trading at 136.84, up 0.40%. BoJ signals change is coming The Bank of Japan didn't change any policy settings at Friday's meeting, which was the first to be chaired by New Governor Kazuo Ueda. The yen took a tumble of 1.3% and the downward spiral has continued on Monday, with USD/JPY rising as high as 136.98.

01-05-2023 08:26 GMT by Kenneth Fisher