Tag Archives: Bank of Japan

Amidst mounting tensions in the Middle East and an unexpected surge in US crude oil inventories, oil prices held steady in early trading on Wednesday. Brent crude futures settled at $89.42 per barrel, while US West Texas Intermediate crude futures saw a marginal increase of two cents to $85.25. The …

In early Asian trading on Monday, oil prices declined by 1 percent as tensions in the Middle East alleviated following Israel’s withdrawal of more soldiers from the southern Gaza Strip and its commitment to engage in new talks regarding a potential ceasefire in the ongoing conflict, which has persisted for …

Oil prices continued their ascent on Friday, poised to mark a second consecutive week of gains, buoyed by geopolitical tensions in Europe and the Middle East, concerns over dwindling supplies, and optimism surrounding global fuel demand as economies recover. Brent crude surged by 49 cents, or 0.5 percent, reaching $91.14 …

BoJ’s K. Ueda gave fresh statements on the central bank’s policy outlook, although he declined to comment on the recent performance of the Japanese yen.Before Thursday’s European session begins, the Japanese Yen was still weak relative to the US dollar and is trading barely above a multi-decade low that was …

Oil prices rose in early Asian trading on Thursday amid concerns about supply shortages as major producers continue production cuts, coupled with signs of economic growth in the United States, the world’s largest oil consumer. Brent crude futures for June climbed 15 cents, or 0.2 percent, to $89.51 per barrel …

Oil prices extended gains on Wednesday, as a larger-than-expected decline in US crude inventories and escalating geopolitical tension raised investor concerns about tight supplies. Brent crude futures for June delivery rose 20 cents, or 0.22 percent, to $89.12 a barrel, while US West Texas Intermediate crude futures for May delivery …

Oil prices rose in early Asian trading on Tuesday, buoyed by signs of improving demand and escalating tensions in the Middle East, which pushed US futures to their highest level in five months in the previous session. Brent crude futures for June delivery climbed 37 cents to $87.79 a barrel …

On Friday, oil prices surged, extending their upward trajectory for the third consecutive month, as investors eagerly awaited OPEC+’s decision next week regarding its production policy, alongside concerns over increased US inventories. Brent crude saw a notable increase of 69 cents, reaching $86.92 per barrel from its opening price of …

Japanese Finance Minister Shunichi Suzuki reiterated on Friday that recent declines in the yen were driven by “speculative” moves, signaling that authorities remained ready to intervene in the market to counter any excessive drops in the currency. Suzuki emphasized that authorities were closely monitoring the pace of the yen’s movements …

On Friday, Japan stocks closed lower, with losses primarily in the Fishery, Railway & Bus, and Finance & Investment sectors. At the close in Tokyo, the Nikkei 225 declined by 1.46%. Among the session’s top performers on the Nikkei 225 were Mitsubishi Heavy Industries, Ltd., which rose by 5.93% or …