Investment Learning

  • September 18, 2024

Bank Of Japan Expected to Maintain Key Interest Rate This Week

According to Odaily, the market widely anticipates that the Bank of Japan (BOJ) will keep its key overnight lending rate unchanged at 0.25% this week. However, the December meeting is expected to be more intriguing. Out of 36 economists surveyed by the Japan Center for Economic Research, 19 predict that the BOJ will raise rates again in December.Before the BOJ's meeting on December 18-19, the bank will monitor several key indicators to assess whether the economy is on track. These indicators include the BOJ's Tankan surveys for September and December, third-quarter GDP data, and corporate earnings for the same period.

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  • September 17, 2024

Gold Prices Rise Amid Weak Dollar And Fed Rate Cut Expectations

According to Odaily, gold prices saw a slight increase during the early Asian market session. Tickmill analyst Joseph Dahrieh noted that the rise is driven by a weakening dollar and growing expectations of significant interest rate cuts by the Federal Reserve. Dahrieh highlighted that recent data from the U.S. job market indicates an economic slowdown, which raises the likelihood of a 50 basis point rate cut. Additionally, Dahrieh mentioned that the increasing political uncertainty ahead of the U.S. November elections is enhancing gold's appeal as a safe-haven asset.

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