{"id":71344,"date":"2026-09-03T01:08:21","date_gmt":"2026-09-03T05:08:21","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-boj-tightening-and-us-saudi-nuclear-pact-uk-rules-out-entrepreneur-exit-tax\/71344\/"},"modified":"2026-09-03T01:08:21","modified_gmt":"2026-09-03T05:08:21","slug":"global-markets-react-to-boj-tightening-and-us-saudi-nuclear-pact-uk-rules-out-entrepreneur-exit-tax","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-boj-tightening-and-us-saudi-nuclear-pact-uk-rules-out-entrepreneur-exit-tax\/71344\/","title":{"rendered":"Global Markets React to BOJ Tightening and US-Saudi Nuclear Pact; UK Rules Out Entrepreneur Exit Tax"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_86 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-boj-tightening-and-us-saudi-nuclear-pact-uk-rules-out-entrepreneur-exit-tax\/71344\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-boj-tightening-and-us-saudi-nuclear-pact-uk-rules-out-entrepreneur-exit-tax\/71344\/#Central_Banks_and_Currency_Volatility\" >Central Banks and Currency Volatility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-boj-tightening-and-us-saudi-nuclear-pact-uk-rules-out-entrepreneur-exit-tax\/71344\/#Geopolitical_Shifts_The_US-Saudi_Nuclear_Deal\" >Geopolitical Shifts: The U.S.-Saudi Nuclear Deal<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-boj-tightening-and-us-saudi-nuclear-pact-uk-rules-out-entrepreneur-exit-tax\/71344\/#UK_Corporate_and_Tax_Landscape\" >UK Corporate and Tax Landscape<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-boj-tightening-and-us-saudi-nuclear-pact-uk-rules-out-entrepreneur-exit-tax\/71344\/#Supply_Chain_Risks_and_Global_Trade\" >Supply Chain Risks and Global Trade<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-boj-tightening-and-us-saudi-nuclear-pact-uk-rules-out-entrepreneur-exit-tax\/71344\/#Middle_East_Political_Developments\" >Middle East Political Developments<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>The Bank of Japan (BOJ)<\/strong> is signaling a potential interest rate hike as early as September, driving the <strong>Japanese Yen<\/strong> higher and narrowing the yield differential with the U.S.<\/li>\n<li><strong>The U.S. and Saudi Arabia<\/strong> have finalized a landmark civil nuclear agreement that could permit <strong><a href=\"https:\/\/stockmarketwatch.com\/metal\/uranium\" data-internallinksmanager029f6b8e52c=\"13\" title=\"Uranium\">uranium<\/a> enrichment up to 20%<\/strong>, a significant departure from previous nonproliferation standards.<\/li>\n<li><strong>The UK Business Department<\/strong> has officially ruled out a rumored &quot;exit tax&quot; on entrepreneurs, seeking to reassure university spinouts and investors ahead of the October Budget.<\/li>\n<li><strong>VodafoneThree<\/strong> is set to challenge UK media incumbents by launching a debut TV service in October, bundling <strong>Netflix<\/strong> (<a href=\"\/stock\/NFLX\">NFLX<\/a>) and <strong>HBO Max<\/strong> to drive broadband growth.<\/li>\n<li><strong>Global bond markets<\/strong> are experiencing a &quot;controlled&quot; sell-off, with Japan\u2019s 10-year yield hitting its highest level in three decades as investors brace for higher-for-longer rates.<\/li>\n<\/ul>\n<hr>\n<h2><span class=\"ez-toc-section\" id=\"Central_Banks_and_Currency_Volatility\"><\/span>Central Banks and Currency Volatility<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Japanese Yen<\/strong> (<a href=\"\/stock\/USDJPY\">USDJPY<\/a>) strengthened significantly on Thursday as markets ramped up bets on an aggressive tightening cycle from the <strong>Bank of Japan<\/strong>. Deputy Governor <strong>Ryozo Himino<\/strong> emphasized that raising rates in a timely manner is essential to avoid future inflation spikes, with swaps markets now pricing in an <strong>82% probability<\/strong> of a 25-basis-point hike on September 18. This hawkish shift comes as global bond yields surge, with the Japanese 30-year yield hitting a record high above <strong>4.18%<\/strong>.<\/p>\n<p><em>Analysts suggest that the BOJ is prioritizing currency stability and inflation control over short-term market volatility, especially following the yen&#39;s historic weakness earlier this year.<\/em> The tightening move is expected to further narrow the rate differential with the Federal Reserve, which faces its own pressure to maintain rates as inflation remains above target.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Geopolitical_Shifts_The_US-Saudi_Nuclear_Deal\"><\/span>Geopolitical Shifts: The U.S.-Saudi Nuclear Deal<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Trump Administration<\/strong> has transmitted a 30-year civil nuclear cooperation agreement with <strong>Saudi Arabia<\/strong> to Congress, a deal estimated to be worth tens of billions of dollars. Most notably, the pact includes provisions for a two-year study that could lead to <strong>uranium enrichment up to 20%<\/strong> on Saudi soil, effectively abandoning the &quot;<a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a> Standard&quot; of nonproliferation.<\/p>\n<p>The agreement is reportedly tied to a broader diplomatic framework involving Saudi recognition of <strong>Israel<\/strong>. Critics warn that allowing domestic enrichment could trigger a regional arms race, while proponents argue it secures a central role for U.S. companies in the Kingdom&#39;s infrastructure development.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"UK_Corporate_and_Tax_Landscape\"><\/span>UK Corporate and Tax Landscape<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>UK Business Secretary <strong>Jonathan Reynolds<\/strong> has moved to quash rumors of a new &quot;exit tax&quot; targeting entrepreneurs who move their companies abroad. The reassurance is aimed at protecting the UK&#39;s <strong>2,000+ university spinouts<\/strong>, which have been the subject of intense speculation regarding potential tax hikes in Chancellor <strong>John Healey\u2019s<\/strong> upcoming October Budget.<\/p>\n<p>In the telecommunications sector, the newly merged <strong>VodafoneThree<\/strong> (Vodafone (<a href=\"\/stock\/VOD\">VOD<\/a>)) announced it will launch a dedicated TV service next month. The platform will bundle major streaming services like <strong>Netflix<\/strong> and <strong>HBO Max<\/strong> via an Android-powered hub, aiming to double the company&#39;s broadband customer base to <strong>4.3 million by 2034<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Supply_Chain_Risks_and_Global_Trade\"><\/span>Supply Chain Risks and Global Trade<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A <strong>Financial Times<\/strong> investigation has revealed that major corporations, including <strong>Volkswagen<\/strong> (<a href=\"\/stock\/VWAGY\">VWAGY<\/a>) and <strong>Amazon<\/strong> (<a href=\"\/stock\/AMZN\">AMZN<\/a>), have identified blacklisted entities within their potential supply chains. Disclosures show that over 160 U.S. companies may have indirect links to sanctioned gold refiners, highlighting the extreme difficulty of maintaining &quot;clean&quot; global supply networks.<\/p>\n<p><em>Legal experts warn that the U.S. Office of Foreign Assets Control (OFAC) maintains a &quot;strict liability&quot; stance, meaning companies could be held culpable for dealings with sanctioned groups even through multiple intermediaries.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Middle_East_Political_Developments\"><\/span>Middle East Political Developments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Israeli Prime Minister <strong>Benjamin Netanyahu<\/strong> is intensifying efforts to unite far-right factions ahead of the <strong>October 27 election<\/strong>. With his <strong>Likud<\/strong> party facing a fragmented base, Netanyahu is pressuring ministers <strong>Itamar Ben-Gvir<\/strong> and <strong>Bezalel Smotrich<\/strong> to form a technical bloc to ensure they cross the 3.25% electoral threshold. Current polling suggests the opposition leads Netanyahu&#39;s bloc by approximately 20 seats, making the unification of the right-wing vote critical for his political survival.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways The Bank of Japan (BOJ) is signaling a potential interest rate hike as early as September, driving the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[22247,391,22248,807,4025,4824,5112,5550,6635,6725,17771],"class_list":["post-71344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-ukbudget","tag-amzn","tag-israelelection","tag-vod","tag-boj","tag-geopolitics","tag-jgb","tag-ofac","tag-vwagy","tag-usdjpy","tag-macroeconomy"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/71344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=71344"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/71344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=71344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=71344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=71344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}