#BOJRaisesRatesTo31YearHigh BOJ raises rates to a 31-year high. The Bank of Japan lifts its policy rate by 25 basis points to 1.25%.
The decision marks the highest level since 1995. The board approved the move by a 7-2 vote.
Officials cite broadening price pressures and the risk that inflation could overshoot the 2% target. Governor Kazuo Ueda signals the central bank has entered a more preemptive phase. Further hikes remain possible.
The increase follows similar tightening by the Federal Reserve and ECB. Markets watch the impact on the yen and global funding conditions.
Guys this is not a drill....... US just issued a heightened vigilance warning for Americans in 9 countries: Iran, Iraq, Oman, Jordan, Kuwait, Bahrain, Lebanon, Saudi Arabia (+Qatar too)
Reason: Houthi attacks on Saudi Arabia are escalating fast.
Missiles hit near Riyadh, airports getting hit, oil infrastructure in the crosshairs. State Dept saying the situation "has the potential to escalate rapidly" This is Middle East risk, not just a headline....
Oil supply routes running through this exact region. Watch crude, watch risk assets, watch how BTC reacts if this gets worse.
Everyone chasing green candles rn but macro/geopolitical risk still very much on the table.
Stay sharp. manage ur risk.
what do u think, does this spill into markets next week?
Turkish FM says Saudi Arabia may invoke the trilateral defense agreement to receive military support from Turkey and Pakistan as Houthi attacks continue.