Concurrently, oil prices dipped, exerting additional pressure on the broader dollar index across Asia. Trump's stern calls on OPEC, particularly Saudi Arabia, to boost production and slash prices are a boon for Asia's vast oil-dependent economies, alleviating some of their financial strain.

Japan's central bank has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level.

After Trump said he would “demand that interest rates drop immediately,” the 2-year Treasury yield edged lower and stocks ticked up.

Equity benchmarks rose in Tokyo ahead of a key interest rate decision by the Bank of Japan later Friday, where a hike is expected. Stocks also rose in Sydney and Seoul. The S&P 500 advanced 0.5%, with the gauge topping the 6,

Good morning. The Bank of Japan raises its interest rate to the highest level in 17 years. Inflation concerns may be making a comeback in the euro area. And the rise of women’s soccer in England is hiding a financial struggle.

Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day.

Welcome to our TOPLive coverage of the Bank of Japan’s monetary policy decision. We’ll start shortly, with the central bank typically announcing its decision around midday in Tokyo. We’ll also follow the briefing by Governor Kazuo Ueda from 3:30 p.

Risk assets, including BTC, held steady while the Japanese yen rose after the BOJ hiked rates to the highest in 17 years.

For a start, the yen perked up after the Bank of Japan finally delivered a quarter-point hike in its main policy interest rate to 0.5%, its highest since the 2008 global financial crisis. The reaction was calm, as the hike was considered neither a 'dovish hike' nor 'hawkish hike', in market parlance.

The U.S. dollar slid on Friday and was set for its biggest weekly loss in over a year after President Donald Trump suggested a softer

The dollar was down against a basket of currencies, but could rise further this year on potential U.S. tariff polices and more cautious Fed interest-rate cuts.

US markets close higher on mixed earnings and Trump's Davos remarks. All sectors of S&P 500 up, Dow up 0.92%, S&P 500 up 0.53%, Nasdaq up 0.22%.