Cryptocurrency
The Bank of Japan (BOJ) ended the negative interest rate policy it started in 2016. BOJ increased its policy rate from the range of -0.1% to 0% to the range of 0% to 0.1%.
As investors evaluate the central bank monetary policy decisions of the Bank of Japan (BOJ) and the Reserve Bank of Australia (RBA); Asia-Pacific markets fell largely on Tuesday.
Saudi Aramco CEO Amin Nasser called for global oil demand not to reach its peak for a while, so policy makers should invest adequately in oil and natural gas to meet consumption.
According to the written statement made by the Iraqi Ministry of Oil, the country’s daily oil export will be reduced to 3 million 300 thousand barrels in the coming months.
Carstens, General Manager of the Bank for International Settlements (BIS), the umbrella organization of the world’s central bank based in Switzerland, predicted that the Fed and the European Central Bank (ECB) will “make great progress” in interest rate reductions this year and that the reductions will begin in the second half of the year.
Try Any of Our Trading Accounts
Start trading with 100,000 USD on your demo account without risking real money. Gain experience with your dedicated investment advisor. When you are ready, take your first step into the world’s largest market!
