BoJ likely to raise rates next week, barring major market rout following Trump inauguration – Bloomberg

Bloomberg reported on Thursday, citing several unnamed people, that the Bank of Japan (BoJ) is expected to raise interest rates next week, barring a major market rout following US President-elect Donald Trump’s inauguration.

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Jan 16, 2025

WTI declines below $79.00 as prospects improve for a Gaza ceasefire

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $78.85 on Thursday.

USD/KRW drops and pops after BoK surprises with rates on-hold decision

Speaking at the post-policy meeting press conference, Bank of Korea (BoK) Governor Rhee Chang-yong said that “Thursday's rate decision was not unanimous.” Additional takeaways Board member Shin Sung-hwan dissented to Thursday's rate decision.