BoJ Nagoya branch manager says some firms in the region are worried about FX volatility, uncertainty over Middle East conflict could hurt the economy
The comments from the BoJ's Nagoya branch manager highlight rising concerns among firms regarding foreign exchange volatility and the potential impact of geopolitical instability in the Middle East on Japan's economy.
[MARKET UPDATE] Crude prices paired back losses seen from the Iranian receipt of the Pakistani proposal, with Iran suggesting it will not accept deadlines or pressure to make decisions
Iranian Foreign Minister says if the US goes ahead with threats to attack Iran's infrastructure, then it will undoubtedly be met with a decisive and all-round response from the armed forces of Iran, SNN reports
BoJ Nagoya branch manager says some firms in the region are worried about FX volatility, uncertainty over Middle East conflict could hurt the economy
Reports of explosions heard in Kuwaut, SNN reports
Senior Iran official confirmed receipt of Pakistan's proposal; is being reviewed; says Tehran will not accept deadlines or pressure to make a decision
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This could signal a cautious attitude from the BoJ regarding future monetary policy adjustments, especially if currency fluctuations and external risks start to affect domestic economic sentiment.
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