Iran, Israel and Oil prices
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Iran, Japan and Israel
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The U.S. stock market rose amid news that Iran wants a ceasefire with Israel. Tel Aviv, however indicated it was not interested in one.
The foreign ministers of Iran and Japan exchanged views on the latest regional developments as the Israeli regime continues its aggression on Iran.
USD/JPY stays below 145.00 after BoJ maintains status quo USD/JPY recovers from session lows but remains below 145.00 after the Bank of Japan (BoJ) left the policy rate unchanged at 0.5%. In the post meeting press conference,
Investors await the Bank of Japan’s policy verdict, with the BOJ expected to stand pat on interest rates at 0.5% in the face of an uncertain trade climate.
What began with Israeli strikes on Iranian nuclear facilities and other targets has now spiraled into the world’s first full-scale example of what is a “threshold war”.
Asia market update: Oil reverses back up on Trump's Iran comments; JP BOJ holds rates and reduces JGB purchases (as expected); US May Retail Sales.
Japan's Foreign Ministry is raising the level of its travel warning for most parts of Iran and Israel, following the start of Israel's attacks on Iran.
* Iranian missiles struck Israel's Tel Aviv and the port city of Haifa before dawn on Monday, killing at least eight people and destroying homes, prompting Israel's defense minister to warn that Tehran residents would "pay the price and soon".
President Donald Trump rejected a plan presented by Israel to kill Iran's Supreme Leader Ayatollah Ali Khamenei, according to a US official