Bank of Japan Disappoints, Risk Markets are Quiet
The Bank of Japan left all monetary policy levers untouched earlier, leaving the Japanese Yen at risk of further losses.
Oil Little Changed, Investors Eye Red Sea Attacks
Red Sea attacks force rerouting of vessels Iran petrol stations hit by cyberattack, oil minister says U.S. seeks to clamp down on Russian oil trade Dec 19 Reuters Oil prices were little changed on Tuesday as investors eyed the impact on oil supply after attacks by Yemen39;s Iranaligned Houthi militants on ships in the Red […]
IMF Reclassifies Indias Exchange Rate Regime to Stabilized Arrangement
BENGALURU, Dec 19 Reuters The International Monetary Fund has reclassified India39;s de facto exchange rate regime to stabilized arrangement from floating for December 2022 to October 2023, following an article IV review of the country39;s policies. The reclassification follows the Reserve Bank of India39;s likely interventions in the foreign exchange market, where the rupee moved […]
European Shares Ease as Auto, Luxury Stocks Take a Knock
Germany to end evehicle subsidy programme OCI tops STOXX after agreeing to sell IFCO for 3.6 bln Vodafone up as Iliad offers to merge Italian units ECB governors see no dovish pivot before March, cut before June Dec 18 Reuters European shares slipped on Monday after strong gains last week as automobile and luxury stocks […]