WTI crude oil fell and the dollar rose against the yen on the 18th

The story

WTI crude oil fell and the dollar rose against the yen on the 18th. Market movements reflected trends in the US market and easing supply concerns.

The Bank of Japan decided at its monetary policy meeting to raise the target for the uncollateralized overnight call rate to around 1.25%. Information circulated that Committee Members Asada (浅田) and Sato (佐藤) voted against the decision.

At a glance

Crude oilWTI fell on the 18th

Foreign ExchangeThe dollar rose against the yen on the 18th

Bank of JapanDecided to raise the target rate to around 1.25%

Dissenting votesCommittee Members Asada (浅田) and Sato (佐藤) voted against the decision

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Higher Policy Rates and the Transition to a World with Interest RatesStrongly related1 companies

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