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Real-time News
New York gold futures surged 2.00% on the day, currently trading at $4,687.40 per ounce.
The yield on Japans 30-year government bonds rose 10 basis points to 3.710%.
Nomura Securities raised its target price for Hyundai Motor from 370,000 won to 570,000 won.
Oman Oil Marketing Company: Signed an agreement to sell 100% of its stake in Sudan Energy Company.
January 20th - The Bank of Japan (BOJ) is expected to raise its economic growth forecast on Friday and indicate its readiness to raise interest rates further. Recent yen depreciation and a positive outlook for wage growth have kept policymakers vigilant in their efforts to curb inflationary pressures. However, BOJ Governor Kazuo Ueda is unlikely to reveal a specific timeframe for resuming rate hikes. This decision is further complicated by rising bond yields and the anticipated snap election in February. The BOJ, which just raised interest rates to a 30-year high of 0.75% in December, is expected to keep rates unchanged this Friday.