The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S. President-elect Donald Trump takes office, a move that would lift short-term borrowing costs to levels unseen since the 2008 global financial crisis.

With markets fully pricing in an interest rate hike by the Bank of Japan (BoJ) on Friday, the head of Rengo – Japan’s largest national trade union center said Wednesday that he agrees with the BoJ there is wage hike momentum in Japanese regions.

The Kobeissi Letter indicated that China recorded lower interest rates for the first time in 30 years than Japan. The report also highlighted that China’s economy is currently described as a “deflationary spiral,

The announcement by the People's Bank of China that it has suspended treasury bond purchases due to the asset's scarcity highlights the limitations of its resources as it confronts an increasingly challenging economic environment.

Global markets await BoJ decision and Trump’s policies. USD/JPY and AUD/USD trends hinge on central bank moves and macroeconomic shifts.

World shares are higher ahead of the inauguration of U.S. President-elect Donald Trump, while bitcoin surged to a record high

Bank of America and Morgan Stanley are due to report earnings. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

The dollar rose against a basket of currencies but could fall if Trump’s proposed trade tariffs prove to be less tough than he was threatening during his electoral campaign, UniCredit Research said.

On an overall basis, global fund managers expect less than 5 per cent return from Asia ex-Japan stocks in the next one year, BofA Securities' survey findings suggest.

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially feared.

MOST Asian markets extended a global rally on Wednesday as investors gave a cautious welcome to Donald Trump’s first full day in office amid hopes he will take a more cautious approach on trade than initially feared.

Asian markets took positive cues from Wall Street, which closed higher on strength in tech stocks. U.S. stock index futures rose in Asian trade, with blowout earnings from Netflix Inc (NASDAQ: NFLX) adding to the positive sentiment. Netflix surged over 10% in aftermarket trade.