The minutes of the Bank of Japan (BOJ) December meeting are outdated following last week’s 25bps policy rate hike to 0.50%, BBH FX strategists report. BOJ policy rate to peak around 1.00% “In December, the BOJ left the policy rate unchanged at 0.25% and the minutes showed the board discussed how high to raise the
Fundamental Overview The USD got boosted once again by negative tariffs news yesterday as Bessent talked about universal tariffs starting at 2.5% and gradually increasing by the same amount every month, which eventually could reach 20%. Trump later doubled down on that saying that he wants tariffs much bigger than 2.5%. The tariffs risk has
London CNN — Britain’s government has backed a tortured effort to build a third runway at Heathrow, Europe’s busiest airport, throwing its weight behind a decades-old proposal that has been beset by political, legal and environmental challenges. The UK’s Chancellor of the Exchequer (finance minister), Rachel Reeves, gave a green light to the ambitious plan
Sydney police uncover cache of explosives, with indication target was synagogue The Times of Israel Australian police say they foiled possible antisemitic attack after finding explosives-filled trailer CNN Explosives in Sydney caravan may have been for ‘mass casualty’ antisemitic attack, police say ABC News
Ian Wafula Africa security correspondent, BBC News EPA Protesters in Kinshasa, the capital of Democratic Republic of Congo, have been burning portraits of Rwanda’s president and tearing up Rwandan flags as M23 rebels have taken control of most the eastern city of Goma. Their fury is focused on Rwandan President Paul Kagame, who they accuse
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“We’re making new Pebble watches,” writes original Pebble founder Eric Migicovsky on the “rePebble” launch page. Eight years after Pebble’s time as an upstart watchmaker came to an end, Migicovsky says that he’s working with a small team on “a Pebble-like smartwatch that runs open source PebbleOS.” There should be some new features, but new
Martin Fengler knows a lot about the weather. Fengler got his Ph.D. in mathematics, focused on numerical weather prediction, before working for Meteomedia AG, a network of weather stations in Switzerland and Germany. But while he knew a lot about weather forecasting from the prediction side, he realized the gaps that remained on the consumption
In Brief Posted: 3:51 AM PST · January 29, 2025 Image Credits:David Tramontan/SOPA Images/LightRocket / Getty Images AI chatbot DeepSeek has taken the world by storm, topping app store charts and sending Silicon Valley and Wall Street into meltdown. An offshoot of Chinese hedge fund High-Flyer, DeepSeek’s cost-to-performance ratio makes for impressive reading compared to