BANK OF AMERICA: Oil is now a ‘game of chicken’ and completely cutting off Iran could send it soaring to $120 a barrel

Crude oil could surge to more than $120 a barrel, according to Bank of America Merill Lynch analysts ... "But these do not include the US, China, Europe, Japan." BAMLRising oil prices have stabilized ... ( read original story ...)

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In the banking space, Mitsubishi UFJ Financial is gaining almost 2 percent and Sumitomo Mitsui Financial is adding 0.2 percent. Among oil stocks, Inpex and Japan Petroleum are declining more than 1 pe... ( read original story ...)

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It is hard to see the pace of Japan’s economic growth accelerating only on domestic demand,” said Harumi Taguchi, principal economist at IHS Markit. Most economists polled said the Bank of Japan would ... ( read original story ...)

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