EUR/USD 1.15678
0.343%
Gold 4376.09
0.578%
Oil 81.485
1.319%
USD/JPY 159.356
-0.090%
GBP/USD 1.35343
0.362%
GBP/JPY 215.682
0.268%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On August 15th, regarding the issue of non-Shanghai residents purchasing homes for replacement purposes, a staff member at the Shanghai Real Estate Transaction Center hotline stated that no new policies have been introduced. According to the hotline staff, non-Shanghai resident families who sell their only property can exchange it for one more home within the city, provided the ownership remains the same before and after. No social security or individual income tax certificates are required. This policy has been in effect since May 28, 2024. For non-Shanghai resident families or single adults selling some of their properties (i.e., owning two or more properties), when purchasing a new home, the number and location of the new home must match the previously sold property—if a property is sold outside the outer ring road, it can only be purchased outside the outer ring road; if a property is sold within the outer ring road, it can only be purchased within the outer ring road. No social security or individual income tax certificates are required. This policy has been in effect since February 26, 2026. Regarding home purchases and exchanges by foreign individuals, hotline staff stated that foreign individuals who sell all their properties in Shanghai can exchange them for and purchase one additional home in the city without submitting a foreigners residence permit (work category), a Shanghai employment contract valid for at least one consecutive year prior to the date of purchase, or proof of social security and individual income tax payments valid for at least one consecutive year prior to the date of purchase. However, they still need to sign a commitment letter for self-occupancy of the property. This policy will take effect on July 29, 2026.On August 15th, a rare occurrence this week was Jensen Huang joining forces with six Wall Street asset management giants to endorse the idea of "developing AI computing power into an independent asset class." Analysts believe this is Huang putting his "meta-economics" into practice, signifying that the AI hype is extending from a technology race to a capital race. However, this latest plan has also sparked investor concerns about "revolving financing" and debt risks. Faced with these questions, Huang personally reassured the market again. He stated that Nvidia might "provide a residual value support mechanism of up to 25% for individual investment projects" and would carefully evaluate each project. Market sentiment subsequently eased slightly.August 15th - According to Lighthouse Pro, as of August 15th, the total box office (including pre-sales) for August 2026 has exceeded 3 billion yuan. Spider-Man: New Day, Welcome to Dragon Restaurant, Eight Immortals, Odyssey, and Kung Fu Soccer are currently ranked in the top five at the August box office.According to Irans Press TV, Israeli airstrikes in southern Lebanon have killed seven people and injured three.Ukrainian President Zelensky: The Ukrainian military attacked a Russian military airbase in Nizhny Novgorod and Russian oil facilities in Ust-Luga.

Before the Fed and BoJ adopt interest rate policy, the USD/JPY exchange rate is normal

Daniel Rogers

Sep 21, 2022 14:39

 截屏2022-09-21 上午10.10.04.png

 

Attempts to push the USD/JPY rate above the 144.00 psychological barrier have met with opposition. The goal of the effort was to break over the long-term trading range of 142.55 to 143.80 to the upside. The duo has retreated into the woods after its breakout attempt failed, and it is expected to do poorly going forward.

 

The Federal Reserve's interest rate decision is the likely event for Wednesday (Fed). The Federal Reserve is widely expected to undertake a third consecutive rate hike of 75 basis points (bps). The retail sector is doing well, and the labor market is tighter than anyone expected, so the Federal Reserve still has a lot of room to raise interest rates. Therefore, bets on a 1% rate hike are rising and could pay well.

 

Inflation, interest rate peak, and economic growth projections will also be tracked. All possible actions by the Fed have been priced out of the market. In the wake of the Fed's meeting, investors will get ready to take bolder steps.

 

The chance of a policy adjustment from the Bank of Japan has increased as the nation's Consumer Price Index (CPI) has improved (BOJ). Statistics Bureau of Japan published a national CPI of 3%, which is above both expectations and the prior release of 2.6%. The core CPI, which does not include food or energy prices, has also gone up, to 1.6% from 1.2%, but is still less than the predicted 1.7%.

Suggestion