EUR/USD
1.13839
0.064%
Gold
4043.65
-0.140%
Oil
90.405
-0.740%
USD/JPY
163.763
-0.056%
GBP/USD
1.33180
0.034%
GBP/JPY
218.105
-0.006%
Real-time News
July 24th - Marcel Thieliant, Head of Asia Pacific at Capital Economics, stated that the Bank of Japan (BOJ) may be more pessimistic about Japanese economic activity and is likely to keep interest rates unchanged at its meeting next week. Thieliant noted that although the BOJ believed in June that downside risks to economic activity had diminished, "we believe that the subsequent resurgence of oil prices has dampened the central banks optimism." Thieliant added that the BOJ will "certainly maintain its view that inflation risks are skewed to the upside." Capital Economics expects the BOJ to raise its policy rate to 1.25% in October.The yield on Japans two-year government bonds rose 1.5 basis points to 1.505%, hitting a new high since May 1995.On July 24th, the highest 7-day annualized yield of Tencent Wealth Managements "Current Account +" was 1.4950%, and the lowest was 0.7420%. The highest 7-day annualized yield of WeChat Pays "Lingqian Tong" was 1.0130%, and the lowest was 0.9240%. The highest 7-day annualized yield of Alipays "Yuebao" was 1.0620%, and the lowest was 0.9640%.Hong Kong-listed tech stocks declined, with Alibaba (09988.HK) and Kuaishou (01024.HK) both falling more than 3%, Tencent Holdings (00700.HK) and Meituan (03690.HK) both falling more than 2%, and Baidu (09888.HK), JD.com (09618.HK), NetEase (09999.HK) and other stocks following suit.Southern Securities 2x short position in Tesla (07366.HK) surged over 15%; news that Teslas quarterly profit missed expectations and its free cash flow turned negative for the first time in over two years.
