💰 BoJ decision to maintain interest rates at 0.10%
📉 Projection for yen devaluation to 160 USD/JPY
💸 Bond purchases to be phased out cautiously starting in July
🤔 Details on phased out bond purchases expected at next meeting
📈 Likelihood of a cautious policy tightening with a ten basis point rise in rates in July
💱 BoJ decision to maintain interest rates at 0.10% will weaken the yen
🇯🇵 The end of bond purchases later than expected disappointed investors and weakened the yen
📈 Tightening of policy and rate rise expected in July
💥 Putin offered a ceasefire in Ukraine if Kyiv withdraws from annexed regions and abandons NATO plans.
🌎 A peace conference being hosted in Switzerland aims to address the conflict in Ukraine without Russian leaders in attendance.
🔒 Putin demanded Crimea recognition, nonnuclear status, military restrictions, and Russian-speaking population protection from Ukraine as part of international agreements.
🚫 Zelenskyy rejected Putin’s ultimatum, likening it to actions by Adolf Hitler.
💬 US and NATO officials dismissed Putin’s proposal, labeling it as more aggression and occupation.
🛑 Putin claimed Russian troops never intended to storm Kyiv, described the operation as a push for negotiation.
💔 After fierce resistance, Russian withdrawal from Kyiv occurred amid stalled peace talks.
⚔️ Ukraine’s military faces challenges due to outnumbering by Russian forces and dwindling ammunition.
🚨 Russia continues drone attacks on Ukraine, with downed drones and missiles causing injuries and damage.
💰 G7 leaders called on China to stop supplying weapon components to Russia and uphold trade rules.
🌡️ Thirty-five areas in the Philippines will experience a danger level heat index on June 16
💧 Heat index measures what a person feels based on temperature and humidity
🚨 Areas with a heat index of 42°C to 51°C are in the danger category
⚠️ Areas with a heat index of 52°C and above are in the extreme danger category
🥤 Public advised to stay hydrated, limit outdoor activity, and wear fresh clothes to avoid heat-related illnesses
Bank of Japan Policy and Global Events
💰 BoJ decision to maintain interest rates at 0.10%
📉 Projection for yen devaluation to 160 USD/JPY
💸 Bond purchases to be phased out cautiously starting in July
📈 Likelihood of a cautious policy tightening with a ten basis point rise in rates in July
🔒 Putin demanded Crimea recognition, nonnuclear status, military restrictions, and Russian-speaking population protection from Ukraine as part of international agreements.
🚫 Zelenskyy rejected Putin’s ultimatum, likening it to actions by Adolf Hitler.
💬 US and NATO officials dismissed Putin’s proposal, labeling it as more aggression and occupation.
💔 After fierce resistance, Russian withdrawal from Kyiv occurred amid stalled peace talks.
⚔️ Ukraine’s military faces challenges due to outnumbering by Russian forces and dwindling ammunition.
🚨 Russia continues drone attacks on Ukraine, with downed drones and missiles causing injuries and damage.
💰 G7 leaders called on China to stop supplying weapon components to Russia and uphold trade rules.
Weather and Heat Advisory in the Philippines
🌡️ Thirty-five areas in the Philippines will experience a danger level heat index on June 16
💧 Heat index measures what a person feels based on temperature and humidity
🚨 Areas with a heat index of 42°C to 51°C are in the danger category
⚠️ Areas with a heat index of 52°C and above are in the extreme danger category
🥤 Public advised to stay hydrated, limit outdoor activity, and wear fresh clothes to avoid heat-related illnesses