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The Bank of Japan raised its policy rate by 25 basis points, and the yen rose as much as 0.8% to 154.845 per dollar. Japanese government bond yields climbed to multi-year highs, and the BoJ signalled it would push rates higher again.
A tighter BoJ stance supports the yen and lifts Japanese bond yields, which affects global capital flows. It has no direct supply or demand effect on feed commodities.
reuters.comKevin BucklandJan 24, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
