Reuters

The Bank of Japan ramped up efforts to dispel market speculation of an early withdrawal of its massive stimulus, boosting its bond buying plan on Wednesday .

The dollar inched lower against a basket of major rivals on Wednesday, showing scant reaction so far to U.S. President Donald Trump’s State of the Union address.

Oil prices slid for a second day on Tuesday, driven by ongoing evidence of rising U.S. crude output, while wary investors sold off stocks, bonds and commodities.

Bank of England Governor Mark Carney appeared on Tuesday before the Economic Affairs Committee in the upper house of Britain’s parliament, the House of Lords.

Britain’s economy will be worse off after Brexit whether it leaves the EU with a free trade deal, single market access, or with no deal at all, according to leaked analysis that fed the view that the government is badly prepared.

World stocks were in their biggest two-day dive in six months on Tuesday and commodities were also jammed in reverse, as rising U.S. borrowing costs cooled financial markets’ euphoric start to the year.

The dollar held above a recent three-year low against a basket of major currencies on Tuesday, with traders turning their attention to U.S. President Donald Trump’s State of the Union speech and a Federal Reserve policy meeting for catalysts.

The next Bank of Japan governor should maintain the central bank’s ultra-accommodative stimulus, a key part of the “Abenomics” policy mix, an economic adviser to Prime Minister Shinzo Abe said.

Labour demand in Japan rose in December to its highest in more than 40 years, which could give labor unions extra leverage in impending spring wage negotiations.

Canada’s compromise plan to boost NAFTA auto content rules lifted talks in Montreal, but its future looked doubtful after President Donald Trump’s trade chief declared it unworkable on Monday.