WTI crude oil fell on the 16th, while dollar-yen was broadly flat

The story

In the market on the 16th, WTI crude oil fell while dollar-yen remained broadly flat.

Kazuo Ueda, Governor of the Bank of Japan, indicated that the central bank would continue raising its policy rate and said that a situation in which underlying inflation exceeds 2% cannot be tolerated.

At a glance

MarketReport that WTI crude oil fell on the 16th

Foreign ExchangeDollar-yen traded broadly flat on the 16th

Bank of JapanGovernor Ueda plans to continue raising interest rates

PricesThe view that a rise in underlying inflation above 2% cannot be tolerated

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