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BoJ’s Ueda: Will debate at next week's meeting whether to hike rates

Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday that the board members “will debate at next week's meeting whether to hike rates.”

Additional quotes

Will raise policy rate this year if economic, price conditions continue to improve.

How to proceed with monetary policy adjustment will depend on economic, price, financial conditions at the time.

New US administration's policy outlook, domestic wage negotiations are key factors in the BoJ’s policy decision.

 

USD/INR remains strong ahead of US Retail Sales release

The Indian Rupee (INR) trades in negative territory on Thursday.
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Gold price bulls retain control near one-month top, move beyond $2,700 awaited

Gold price (XAU/USD) touches a fresh one-month top during the Asian session on Thursday, though it struggles to build on the momentum beyond the $2,700 mark.
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