BOJ Hawkishness Meets RBA Restraint

Easing geopolitical tensions are cooling oil prices and boosting market sentiment.

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Source: DepositPhotos

Global markets are trading with an improved risk tone as easing US-Iran tensions push oil prices lower, while the BoJ's latest rate hike and the RBA's decision to hold rates underscore an increasingly divergent global monetary policy landscape heading into the North American session.
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