BOJ's Kuroda: Will take time to hit 2% price target

Japan's economy is expanding moderately, however, with risks skewed to the downside, the central bank will take time to achieve its 2% inflation target, Bank of Japan Governor Kuroda said on Thursday while speaking in Parliament.

Key quote

"Global economy weakening Japan's exports and production."

May 9, 2019

GBP/JPY slips to 11-week low on risk aversion

GBP/JPY hit an 11-week low of 142.90 this Thursday morning in Asia amid simmering US-China trade tensions and the resulting risk aversion. President T

WTI: US-Iran rift, EIA data fail to counter trade pessimism as $61.50 returns to the chart

Having failed to hold the previous recovery, WTI now slips to $61.50 as doubts over the US-China trade deal grew stronger off-late.