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interest rate
Asia
Bank of Japan signals gradual approach to interest rate hikes amidst domestic economic challenges
Board member Noguchi foresees slower policy adjustments compared to global counterparts
Markets
Gold prices rise as geopolitical uncertainty boosts bullion’s global appeal
Gold maintains safe-haven appeal despite Federal Reserve's stance on rates
Markets
Oil prices stabilize after steep declines amid U.S. rate hike fears, Venezuela sanctions
Venezuela's oil exports had grown 12 percent in 2023 to 700,000 bpd after the easing of some U.S. sanctions
Economy
U.K. inflation slows to 3.2 percent, sparking rate cut speculations
Investors lower expectations for the scale and timing of future rate cuts
Asia
Japan’s business confidence drops as yen weakens to 34-year low
Manufacturing, services sectors dampen amidst growing economic challenges
Markets
Gold prices dip as Middle East geopolitical tensions persist
Strong dollar and rising treasury yields impact gold's appeal
Economy
U.S. retail sales rise 0.7 percent in March on increased gas sales
Unemployment rate falls to a low of 3.8 percent supporting spending surge
Asia
China’s economy grows 5.3 percent in first quarter of 2024
High-tech manufacturing propels growth despite property market concers
Markets
Oil prices climb on China’s economic growth, Middle East tensions
Brent crude futures for June delivery gained 48 cents, or 0.5 percent, settling at $90.58 per barrel
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