EUR/USD
1.08721
0.052%
Gold
2416.29
1.670%
Oil
79.487
0.796%
USD/JPY
155.669
0.178%
GBP/USD
1.27061
0.286%
GBP/JPY
197.801
0.470%
Real-time News
[Lebanese Hezbollah claimed to have attacked Israeli positions many times, Israel claimed to have launched air strikes to counterattack] Lebanese Hezbollah released a war report on May 18, saying that it had launched 12 attacks on Israeli positions, including artillery attacks on military bases and military equipment in northern Israel. Lebanese Hezbollah also claimed to have launched rockets and drones into northern Israel. On the same day, the Israel Defense Forces claimed that the Israeli army had launched air strikes on several Lebanese Hezbollah military buildings in southern Lebanon and shelled southern Lebanon.Ukrainian Navy: Ukrainian forces destroyed a minesweeper of the Russian Black Sea Fleet.According to the Associated Press: Armed men attacked the residence of Congolese politician Vital Kamerhe.[Analyst: The Bank of Japan cannot raise interest rates in July] The Japanese economy has experienced negative growth again after a quarter. Rakuten Securities Economic Research Institute Chief Economist Nobuyasu Atago said: "The Bank of Japan cannot ignore GDP data. This is not a situation where they can accept another interest rate hike. I dont think the central bank can take action in July. They still have to wait for the second quarter GDP data to be released in August." Dai-ichi Life Research Institute Chief Economist Toshihiro Nagahama said that the economy fell more than expected in the first quarter of this year. In the case of insufficient total demand, it is difficult for Japan to implement a tight financial and fiscal policy in the short term.[Economist: Yen weakness is unlikely to be the main trigger for Japan to further raise interest rates] Nagai Shigeto, chief economist for Japan at Oxford Economics, said that yen weakness is unlikely to be the main trigger for Japan to further raise interest rates. "More importantly, unless financial markets expect the Bank of Japan to take a series of rate hikes to deal with accelerated inflation, the Bank of Japans rate hikes will have limited boost to the yen. Moreover, the Bank of Japan is unlikely to raise interest rates multiple times. The risk of long-term high returns from the Federal Reserve may prolong the period of yen weakness and push Japans imported inflation up significantly."
