Yen Declines After BOJ Hike, US Said to Hold Off on New China Tariffs
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The yen extends its drop against the dollar after BOJ Governor Ueda gave mixed signals about future interest-rate hikes. The central bank lifted interest rates by a quarter point to 1.25%. The US is expected to hold off announcing new tariffs on China and other trading partners until after next week’s summit between President Trump and President Xi Jinping. Bilfinger CEO Thomas Schulz discusses the company's trimmed outlook and planned job cuts. Paul Donovan of UBS Global Wealth Management discusses the BOJ rate decision. Chapters: 00:00:00 - Bloomberg Brief Begins– Top Stories 00:00:51 - Global Market Check: Asian Markets Rally as Oil and Bond Yields Fall 00:01:42 - Bank of Japan Rate Hike and Yen Reaction 00:02:18 - European and US Markets Overview 00:03:43 - First Look Movers: Nvidia, Glencore and Stocks on the Move 00:05:06 - BOJ Rate Hike and Governor Ueda’s Message, Why the Yen Fell After the BOJ Decision 00:09:47 - US Holds Off on New China Tariffs 00:13:29 - India’s
Tags: Anthony Dipaola, Artificial Intelligence, BOJ, Bilfinger SE, Brendan Murray, Brian Fowler, Brief, Central Banks, China, China Tariffs, Chloe Meley, Donald Trump, Geopolitics, Guy Johnson, India, Iran war, Japanese yen, Job Cuts, Kasia Klimasinska, Kazuo Ueda
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