Tag:
Bank of Japan
Asia Pacific
USD/JPY at 159. Tokyo Is Warning. The Yen Doesn’t Care
USD/JPY at 159. Tokyo warned "bold actions." The yen faded the move in an hour. BOJ meets April 28. The carry trade, not the dollar, is the problem.
Economy
Japan Asked the IEA for More Oil. The First 400 Million Barrels Lasted Three Weeks.
Takaichi asked the IEA to prepare a second coordinated oil release. India's PMI hit a three-year low. Malaysia held two emergency meetings in two days. Asia escalated.
Stocks
Japan’s Market Lost 3.4 Percent on Thursday.The Bank of Japan Blamed a War It Has No Power to Stop.
The Nikkei fell 3.4% as Iran struck Gulf energy sites and oil hit $113. The BOJ held at 0.75% and named the war directly. Japan imports nearly all its fuel
