January 06, 2025 11:00 GMT
EMERGING MARKETS: Global News: January 06
EMERGING MARKETS
- CANADA (MNI) - Following earlier headlines in the domestic press claiming that PM Justin Trudeau could resign/announce his resignation as soon as Jan 7, betting markets have shifted significantly. Data from Polymarket shows political bettors assigning a 95% implied probability that Trudeau will announce his resignation before February.
- ISRAEL (WaPo) – Israel accused Hezbollah on Sunday of failing to meet the terms of their fragile 60-day ceasefire agreement, due to expire on Jan 26, threatening that it would be "forced to act" if the militant group's violations continue. The warning comes days after Lebanon reported to the U.N. Security Council that Israel had launched more than 800 "ground and air attacks" after the ceasefire came into effect.
- JAPAN (MNI) – The BoJ will raise its benchmark interest rate to adjust the degree of easy policy if the improvement in the economy and prices continues, Governor Kazuo Ueda said on Monday, the Nikkei reported. Ueda, speaking at the new year party of Japanese Bankers Association, said that the timing of policy adjustments will depend on future economic, price and financial conditions and the BoJ must pay attention to various risk factors.
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