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The BoJ raised its policy rate to 0.5%, the highest since 2008, in an 8-1 vote with Toyoaki Nakamura dissenting. The yen strengthened 0.6% to 155.12 per dollar, and the Nikkei 225 rose marginally.
The hike signals a steady move toward normalising Japanese policy, which can support the yen against the dollar. The direct impact on feed commodity prices is negligible.
cnbc.comLim Hui JieJan 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.
