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BoJ likely to raise rates next week, barring major market rout following Trump inauguration – Bloomberg
Source Fxstreet
Bloomberg reported on Thursday, citing several unnamed people, that the Bank of Japan (BoJ) is expected to raise interest rates next week, barring a major market rout following US President-elect Donald Trump’s inauguration.
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Gold price (XAU/USD) struggles to capitalize on its gains registered over the past two days and oscillates in a narrow range during the Asian session on Wednesday, just below a one-week high touched the previous day.
The ADP Research Institute is poised to release its June Employment Change report on Wednesday, and it will explore the dynamics of private sector job gains.