BOJ Intervention of $59 Billion Boosts Japanese Yen
Bank of Japan Intevenes Twice to Shore up the Yen Summary: Japanese authorities intervened in the currency market with about $59 Billion USD (equivalent to 9 Trillion Yen) to shore…
FED Decision and Mixed Economic Signals
Economic Data Send Mixed Signals Today, the market received mixed signals from the economic data releases (GDP, jobless claims) and this outlook is just ahead of the FOMC meeting next…
Bank of England Interest Rate Forecast under Persistent Inflation
BOE Rate Cut Expectations A senior policymaker at the Bank of England, Huw Pill, has warned against cutting interest rates soon despite above-target inflation. The bank seems divided on the…
Biden signals Alliance with Japan and Philippines To Counter Provocation in South China Sea
Biden Signals Alliance with Japan and Philippines To Counter Provocation in South China Sea President Joe Biden has recently underscored the importance of forming a strategic alliance with Japan and…
Israeli Airstrike Targets Military Base in Iran
Israel and Iran Tensions being Played Down This should be seen as a warning to show that Israel can strike back at a time and place at its choosing. At…
US and Japan Upgrade Military Security Alliance
To Counter China, Japan and US Forging Closer Military Ties The Russian-Ukrain War and aggresive Chinese moves against the Phillipines and Asian Pacific are a reminder that the risk of…