Profit Trading USA
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Profit Trading USA
@profittradingusa.bsky.social
BOJ board member Masu calls for timely interest rate hikes
MATSUYAMA, Japan, Feb 6 (Reuters) - Bank of Japan board member Kazuyuki Masu said on Friday the central bank must raise interest rates in a timely fashion to avoid underlying inflation from exceeding its 2% target. Masu said he believes Japan’s underlying inflation remains below 2% but is "drawing very close" to that level, as companies and households shed their deep-rooted deflationary behaviour. "I am convinced that continuing with further policy interest rate hikes will be needed to complete the normalization of monetary policy in Japan," Masu said in a speech to business leaders in Matsuyama, in western Japan. With Japan clearly entering an inflationary phase, the BOJ must ensure that underlying inflation remains below 2% through "timely and appropriate rate hikes", Masu said. "At the same time, it is critical to ensure excessive rate hikes do not disrupt the virtuous cycle of a moderate rise in prices and wages that has finally begun to gain momentum in Japan," he said, adding that the BOJ will therefore proceed cautiously with rate hikes. What are the best investment opportunities in 2026? The best investments start with better data. Going with your gut has its place, but when excitement masquerades as intuition, it can lead to costly mistakes—or analysis paralysis. InvestingPro+ combines institutional-grade data with AI-powered insights that you don't need a finance PhD to understand. It won't guarantee winners, but it will certainly help you find more of them, more often. So what are the best investments of 2026 so far?
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February 6, 2026 at 2:22 AM
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February 6, 2026 at 2:22 AM
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February 6, 2026 at 2:21 AM
Rio Tinto shares hit record high after nixing Glencore takeover talks
Investing.com-- Rio Tinto (ASX:RIO) shares surged to a record high in Australian trade on Friday after the mining giant said it had ended talks to merge with peer Glencore PLC (LON:GLEN) to create one of the world’s largest mining companies. Rio rose as much as 2.5% to a record high of A$161.180, although it swiftly trimmed gains to trade up around A$157.450. The stock outpaced a nearly 2% slide in the ASX 200. Get more breaking news on Australia’s biggest mining stocks with InvestingPro The mining giant said on Thursday it had ended talks over a potential merger with Glencore, stating that the two companies could not strike a deal to generate sufficient value for shareholders. The discussions, which were disclosed in January, were the third attempt by the miners to merge, after failed attempts in 2024 and 2014. The deal faced opposition from some of Rio’s British and Australian shareholders, who questioned whether the merger would create enough value to justify the massive undertaking. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 2 out of 3 global portfolios are beating their benchmark indexes, with 88% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar?
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February 6, 2026 at 2:15 AM
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February 5, 2026 at 11:31 PM
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February 5, 2026 at 11:31 PM