EUR/USD
1.15562
-0.018%
Gold
4428.44
-1.724%
Oil
92.850
2.617%
USD/JPY
159.479
0.011%
GBP/USD
1.33455
-0.137%
GBP/JPY
212.837
-0.065%
Real-time News
On March 26th, the Bank of Japan (BOJ) announced that it will begin releasing monthly data to assess core CPI starting this month. This data, titled the "Core CPI Reference Indicator," will be published at 2:00 PM on the second working day following the official CPI release. Investinglive analyst Justin Low stated that the BOJ has faced considerable skepticism recently due to somewhat confusing inflation data in Japan. While Japans core CPI annual rate fell below the crucial 2% level in February, the BOJ appears determined to continue its tight monetary policy. The BOJ wants to provide evidence that underlying inflationary pressures remain strong. The bank believes that government measures such as energy subsidies have artificially suppressed CPI data. Therefore, the BOJs new "Core CPI Reference Indicator" will be a "de-noiseed" interpretation of the inflation figures. This is more about reassuring the public and markets that they are still on the right track with their monetary policy. If theres any difference, it could be interpreted as a slight resistance from the government, with Prime Minister Sanae Takaichi hoping the BOJ will maintain current interest rates.European Commission Executive Vice President Dombrovskis: We have received assurances from the US that they intend to fulfill the trade agreement.On March 26, Mike Hollahan, head of financial firm Electus Financial, said: "Many people have already stepped back to the sidelines. If there is some kind of agreement, ceasefire or truce between the US and Iran, and oil prices fall sharply, the inflation premium currently priced into interest rates will disappear within 48 hours. The interest rate market is reacting to the previous pandemic crisis, when the outbreak led to a surge in government spending, causing a sudden rise in inflation that caught global central banks off guard."On March 26, it was reported that on March 25, during the 14th Ministerial Conference of the World Trade Organization (WTO), China successfully hosted a high-level meeting entitled "Supporting African Industrialization: Chinese Investment." Minister of Commerce Wang Wentao attended the meeting and delivered a keynote speech. Ministers or representatives from nearly 50 African member states, including Cameroon, as well as WTO Director-General Iweala, participated. Ambassador Li Yongzhe, Chinas Permanent Representative to the WTO, chaired the meeting. Wang Wentao pointed out that industrialization is the only way for African countries to promote economic transformation and achieve independent development. Currently, unilateralism and protectionism are on the rise, geopolitical conflicts are intensifying, and the international cooperation environment is deteriorating, making the path to African industrialization far from smooth. China is willing to strengthen communication and coordination with African countries, closely align with the needs of their economic and social development, fully leverage Chinas advantages such as its super-large market and complete industrial system, and deepen cooperation in four major areas: supply chains, infrastructure, human resources, and trade and investment rules. China will fully implement zero-tariff measures on all African countries with which it has diplomatic relations starting May 1, 2026. China will deepen its investment cooperation with Africa, help Africas industrialization process, and make greater contributions to building an all-weather China-Africa community with a shared future in the new era.Ukrainian President Zelensky: We have not seen any genuine desire from Russia to end the war, and our partners share this view. The United States believes Putin wants to end the war. Our view is quite different.
