🌍 GLOBAL MARKETS UPDATE
🇯🇵 Bank of Japan: The BOJ closed the week’s central-bank decisions by raising its policy rate by 25 basis points, from 1.00% to 1.25% — its highest level in 31 years and the second hike in just a few months. The move was widely expected, and markets are now watching closely for signs of whether the tightening cycle could accelerate.
🛢️ Oil: Crude prices fell for a second consecutive session, with Brent dropping around 1% to near $105 a barrel as signs of diplomatic progress in the Middle East reduced part of the supply-risk premium.
🇺🇸 Treasuries & Wall Street: The 10-year Treasury yield moved back below the 5% threshold, returning to around 4.9%. With yields easing across the curve, Wall Street snapped its recent losing streak, led by technology stocks. The Nasdaq gained 1.7%.
⚠️ But the relief remains fragile. Physical oil markets are still tight, while tanker traffic through the Strait of Hormuz continues to decline. Brent remains above $100 and has posted a strong monthly gain.
The key question for markets: how durable is this relief if energy supply risks remain elevated?
#Markets #BankOfJapan #BOJ #Oil #Brent #Treasuries #Nasdaq #WallStreet #GlobalEconomy #Investing
🇯🇵 Bank of Japan: The BOJ closed the week’s central-bank decisions by raising its policy rate by 25 basis points, from 1.00% to 1.25% — its highest level in 31 years and the second hike in just a few months. The move was widely expected, and markets are now watching closely for signs of whether the tightening cycle could accelerate.
🛢️ Oil: Crude prices fell for a second consecutive session, with Brent dropping around 1% to near $105 a barrel as signs of diplomatic progress in the Middle East reduced part of the supply-risk premium.
🇺🇸 Treasuries & Wall Street: The 10-year Treasury yield moved back below the 5% threshold, returning to around 4.9%. With yields easing across the curve, Wall Street snapped its recent losing streak, led by technology stocks. The Nasdaq gained 1.7%.
⚠️ But the relief remains fragile. Physical oil markets are still tight, while tanker traffic through the Strait of Hormuz continues to decline. Brent remains above $100 and has posted a strong monthly gain.
The key question for markets: how durable is this relief if energy supply risks remain elevated?
#Markets #BankOfJapan #BOJ #Oil #Brent #Treasuries #Nasdaq #WallStreet #GlobalEconomy #Investing