EUR/USD
1.16553
0.027%
Gold
4607.34
0.280%
Oil
81.087
-0.424%
USD/JPY
159.331
0.023%
GBP/USD
1.35890
-0.053%
GBP/JPY
216.503
-0.039%
Real-time News
On August 27th, Ajith Nair, Chief Investment Officer of Isio Investment Management, stated that the Jackson Hole symposium may not focus too much on immediate policy decisions, but rather on the long-term direction of monetary policy, central bank policy thinking, and its impact on investors. "While the market will naturally focus on interest rates, this years more noteworthy event is Warshs first appearance as Federal Reserve Chairman at Jackson Hole, and what his vision for the future of the Fed might reveal," Nair pointed out. He added that one of the most noteworthy changes under Warshs leadership is his apparent desire to reduce market reliance on Fed forecasts and policy path predictions, and this Jackson Hole symposium may further reinforce this approach.August 27th - As economic and trade ties between the mainland and Hong Kong become increasingly close, Hong Kong consumers acceptance of mainland home appliances continues to rise. Yesterday (August 26th), the Hong Kong Electrical and Mechanical Services Department officially released the first batch of 50 national standards in the home appliance sector that are mutually recognized with IEC international standards. This marks a further reduction in technical standard barriers for mainland home appliances entering the Hong Kong market. Chen Cong, a fourth-level chief staff member of the Monitoring and Early Warning Section of the Commodity Inspection Department of Shenzhen Customs, said that after this mutual recognition, relevant mainland home appliances that meet national standards only need to be equipped with plugs suitable for Hong Kong, without needing to undergo further testing and certification according to IEC standards, and can seamlessly enter the Hong Kong market. Next, Shenzhen Customs will continue to expand the categories of mutually recognized standards to further promote smooth trade.August 27th - According to the Wall Street Journal, Vietnam has become the biggest beneficiary in the year following efforts to rearrange global trade to benefit the United States. Data from the first half of this year shows that Vietnams trade surplus with the United States reached $114 billion, exceeding that of Mexico. This is an unexpected result for an economy only a quarter the size of Mexico.Bank of Japan Deputy Governor Ryozo Himino: The recent rise in yields will not affect the Bank of Japans balance sheet adjustments.Bank of Japan Deputy Governor Ryozo Himino: I have not seen any specific distortions in the Japanese government bond market. Therefore, the Bank of Japan can continue its current tapering program.