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Deutsche Bank says the Bank of Japan must step away from quantitative easing and negative rates to support the yen. The yen was trading near 148.98 per dollar, with 151.94 marking a 33-year low.
A possible BOJ policy shift would lift the yen against the dollar, with limited direct impact on feed commodity prices. Such a move would be mainly a currency event rather than a supply or demand driver.
cnbc.comShreyashi SanyalNov 20, 2023Not 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.
