EUR/USD
1.16185
-0.053%
Gold
4526.09
-0.386%
Oil
98.577
0.319%
USD/JPY
159.055
0.085%
GBP/USD
1.34300
-0.036%
GBP/JPY
213.617
0.052%
Real-time News
The German Finance Ministrys monthly report shows that the federal budget deficit will reach 41 billion euros as of the end of April 2026.Switzerlands industrial output fell 7.1% year-on-year in the first quarter, revised from -0.70% to -0.4% in the previous quarter.On May 21, Bank of Japan (BOJ) board member Junko Koeda stated on Thursday that she believes Japans nominal neutral interest rate is above 1%. Based on current staff estimates, the BOJ considers the real neutral interest rate to be around -0.9% to +0.5%. Assuming inflation fluctuates around the BOJs 2% target, this implies a nominal neutral interest rate range of 1.1% to 2.5%. "My view is that the lower bound of Japans neutral interest rate is likely higher than 1%," Koeda said at a press conference. The nominal neutral interest rate is closely watched by the market because it indicates how far the central banks short-term policy rate is from a level neutral to the economy. The BOJ currently sets its short-term policy rate at 0.75%.May 21 - According to the Iranian Students News Agency, Pakistani Army Chief of Staff Asim Munir will travel to Tehran on Thursday as part of Pakistans ongoing mediation efforts to broker negotiations and consultations between Tehran and Washington regarding the war with Iran.On May 21, Takeshi Minami, an economist at the Norinchu Kinko Research Institute, stated that if the Middle East conflict continues, even if Japans oil supply can be guaranteed until early 2027, the Japanese economy will find it difficult to avoid a downturn. He indicated that the conflict could trigger adverse effects through various channels, including economic contraction in emerging market economies and a sharp rise in inflationary pressures. Japan possesses ample oil reserves and is also working to secure oil imports via routes that avoid the Strait of Hormuz.
