World Market News of the 11 September with FXOpen #boj #yen #jpy #crudeoil #brent #dowjones #sp500

☑️ BOJ BOARD MEMBER SIGNALS RATE HIKE STILL IN PLAY, BOOSTS YEN The Bank of Japan will continue to adjust policy provided the economy performs in line with projections, board member Junko Nakagawa said in comments that sent the yen to its highest level this year. The yen gained as much as 1.2% to against the greenback, then later trimmed a large part of the move in jittery trading. Japanese stocks, which have benefitted from a weak yen, fell to the lowest level in more than a month. Most economists expect the BOJ to wait until December or January before making its next move. Source: Bloomberg ☑️ OIL STEADIES BELOW $70 AFTER DEMAND CONCERNS INTENSIFY ROUT Oil steadied after fast-escalating concerns about global demand ignited a swift and powerful selloff that drove Brent crude below $70 a barrel for the first time in more than two years. The benchmark has sunk by almost a fifth this quarter on concerns that slowing growth in the US and China,