The Bank of Japan (BOJ) decided to keep its benchmark interest rate unchanged at 0.5% at its two-day meeting that ended last Thursday, in line with market expectations. This decision was supported by a majority of board members, although two dissenters, Naoki Tamura and Hajime Takata, reiterated their objections to the monetary easing policy. They…
Silver prices on October 30, 2025, showed stable movement despite market uncertainty. After several days of pressure, silver managed to recover slightly, moving around $23.50 per ounce this morning. The strengthening US dollar, driven by hawkish sentiment from the Federal Reserve and declining appetite for safe havens, temporarily held silver back, but solid industrial demand…
Gold prices edged up after four days of declines, but sentiment remained fragile as Fed Chairman Jerome Powell downplayed the likelihood of a December interest rate cut. At 7:02 a.m. Western Indonesian Time (WIB), spot gold was trading around $3,946/ounce, after falling 0.6% overnight. Powell’s cautious tone also pushed the 10-year US Treasury yield above…
US President Donald Trump said he is ready to lower import tariffs on Chinese goods linked to the fentanyl crisis in America, provided Beijing seriously curbs exports of chemicals used to make the drug. Trump made this statement on Air Force One while flying to South Korea, one day before meeting with Chinese President Xi…
The US dollar weakened and approached a one-week low against major currencies on Wednesday, as the market became almost certain the Fed would cut interest rates by 0.25 percentage points tonight. Traders are now more focused on Jerome Powell’s remarks at the press conference later. The market has already priced in a dovish scenario not…
The Japanese yen strengthened, breaking through 152 per US dollar on Wednesday (October 29th), continuing its two-day rally. Market participants are positioning themselves ahead of this week’s Bank of Japan (BOJ) decision. The BOJ is not expected to change interest rates now, but officials are said to be opening discussions about when to raise interest…
