Yen Falls After BOJ Rate Hike as Oil Extends Slide
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The Bank of Japan raised its benchmark interest rate in a split decision showing dissent within the board. The yen extended its drop against the dollar after BOJ Governor Kazuo Ueda gave mixed signals about future rate hikes. Oil dropped for a third day, with traders looking to the next round of diplomacy that’ll shape the US-Iran war as supply concerns eased. In the Middle East, Saudi Arabia has moved to restore the damaged East-West pipeline to its Red Sea coast, aiming to return about half its capacity within days. Russia took control of the local businesses of Swiss food giant Nestlé and French supermarket chain Auchan in the Kremlin’s largest takeover of foreign corporate assets since at least 2024 amid rising tensions with Europe. Today's guests: Carlos Cuerpo, Spanish Minister of Economy, Trade & Enterprise & Deputy Prime Minister; Alessia Berardi, Amundi Investment Institute, Head of Global Macroeconomics and Emerging Markets Strategy; Sayuri Shirai, Keio University Econom
Tags: AfD, Alessia Berardi, BOE, BOJ, Bond Yield, Brussels, Canada, Carlos Cuerpo, Chad Thomas, China, Donald Trump, Dublin, EU, Fed, Francine Lacqua, Germany, Greg Sullivan, Martijn Rats, Midterm Elections, Nestle
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