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Yen for more
Description
The Bank of Japan delivers a widely expected 25-basis-point rate hike, its highest level since 1995, yet the yen fails to rally and traders keep piling on bearish bets. Plus, Nvidia taps the bond market for the first time in five years, and SpaceX shares keep surging after last week's blockbuster IPO.
Today’s recommended read: Oil markets bet Trump would chicken out on Iran. They won, Ron Bousso
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Read more from Amanda Cooper and Anna Szymanski
Produced by Eliza Davis Beard and Abisoye Adelusi
Sound engineering and music by Sebastian and Josh Sommer
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