The Bank of Japan's surprise decision to widen the trading band around the country's 10-year government bond yield sent shock waves through global markets.
Yen holds gains, markets bounce after Bank of Japan move
The yen held onto gains Wednesday and equity markets rebounded from a plunge the day before fuelled by the shock Bank of Japan decision to shift away from its ultra-loose monetary policy.
Mooners and Shakers: Visa proposes auto-payments of bills through crypto wallets; market ticks up
While the trad markets are in a tizz about a shock policy shift from the Bank of Japan, crypto assets quietly ticked up a fraction or two overnight. Meanwhile, Visa has proposed something potentially ...
Crypto at a crossroads after its annus horribilis
STORY: Crypto is at a crossroads after a truly annus horribilis. Crashes, contagion, collapses came in such quick succession that investors were, towards the end of 2022, asking serious existential ...
Analysis-As Bank of Japan switches gears, roaring dollar hits the skids
The dollar's biggest bull run in 40 years may have finally come to a screeching halt, now that the world's last dovish central bank - the Bank of Japan - has finally relaxed its iron grip on long-term ...
Asia-Pacific markets set to trade mixed after Wall Street ends losing streak
Markets in the Asia-Pacific are set to trade mixed after Wall Street ended its four-day losing streak as global bonds rose after the Bank of Japan adjusted its yield curve control tolerance.
Japan warns of China’s COVID situation, cuts view on factory output
TOKYO (Reuters) - Japan will pay close attention to the COVID-19 situation in China, in addition to risks from a global economic slowdown, price hikes and supply constraints, according to its monthly ...
Bitcoin Prices Rally Over 4% After Bank Of Japan Announces Policy Shift
Bitcoin prices pushed higher today after markets responded to news that the Bank of Japan doubled its target range for the yields on 10-year government bonds.
Bitcoin ditches $16K dip as ‘Leeroy Jenkins’ Bank of Japan flattens dollar
BTC price recovers as Bank of Japan policy changes shake up global markets, Bitcoin analyst draws FTX comparison.
Decrypt’s 2022 Crypto Project of the Year: Polygon
Mainstream brands like Starbucks, Reddit, and Instagram are adopting Polygon, and the Ethereum scaler is building for even broader adoption.
This economist gives 5 reasons why crypto shouldn’t be regulated
While the collapse of crypto exchange FTX has spurred many U.S. lawmakers to call for new regulations, one economist offered a different take on Tuesday.
Stocks drift, bond yields jump after Japan surprises markets
Stocks are drifting on Wall Street, while bond markets around the world feel pain Tuesday after a surprise move from Japan’s central bank cranked up the pressure on an already slowing global economy.
United Airlines (UAL) to Start New Year With Flight Resumption
United Airlines' (UAL) flight resumption to two popular Asia destinations should create aviation jobs and multiple other indirect vacancies.
FirstFT: Bank of Japan stuns markets with policy change
The Bank of Japan stunned markets yesterday with a surprise change to its controversial yield curve control policy (YCC), triggering big swings in the currency, bond and equity markets. The BoJ is the ...
Bank Of Japan Joins The Pack
Good Morning Everyone! Dogecoin (CRYPTO: DOGE) is now worth more than Coinbase (NASDAQ: COIN)(largest U.S crypto exchange) and Silvergate (NYSE: SI) (largest U.S crypto bank) combined. Probably ...
Crypto contagion isn’t over and the lack of transparency means the industry is an ‘insider’s game,’ EY strategist says
Users often don't have the ability to fully evaluate crypto firms for themselves, even when businesses are transparent, one EY strategist warned.