• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Masazumi Wakatabe, former Deputy Governor of the Bank of Japan: The Bank of Japan has not yet committed to a specific timeline for raising interest rates, nor has it released any signals. Due to the weak GDP outlook for the third quarter, the Bank of Japan may find it difficult to justify raising interest rates this year.Masazumi Wakatabe, former Deputy Governor of the Bank of Japan: The Bank of Japan must coordinate policies with the government, but there is no need to maintain low interest rates simply to fund government spending.Futures market data from October 9th indicated a pre-holiday market characterized by volatility and corrections. Shipping companies unexpected late October freight rate hikes triggered a significant rebound, which, coupled with the impact of this announcement, drove a significant amount of short-sellers out of the market before the holiday. The 12-month contract rebounded to over 1800 points, and the 10-month contract rebounded to over 1180 points. The rebound, driven by sentiment and trading, was limited in sustainability, and the market remains skeptical about the success of the late October price hikes. With no reports of shipbuilding breaches before the National Day holiday, and the expected small scale of rolling, the likelihood of a successful post-holiday price increase is limited. There is some demand for a correction, with the 12-month contract fluctuating between 1700 and 1800 points, and the 10-month contract fluctuating between 1100 and 1150 points. The subsequent market dynamics will shift to a dynamic of strong expectations and weak reality, a typical pattern observed in the repeated rounds of price increases announced by shipping companies from March to June in the first half of the year. The 12-month and 02-month contracts carry greater expectations of price increases, and overall performance is expected to be characterized by a volatile upward trend. Buy on dips should be maintained, with appropriate rolling trading recommended. News of easing geopolitical tensions during the National Day holiday may bring short-term sentiment shocks, so pay attention to potential trading opportunities.Masazumi Wakatabe, former Deputy Governor of the Bank of Japan: The Bank of Japan can raise interest rates if inflation expectations rise and push up potential inflation. German Geoscience Research Center: A 5.33 magnitude earthquake occurred in Türkiye.

Bitcoin rises 5.11% to $23,564.93

Jimmy Khan

Jul 20, 2022 14:35

微信截图_20220720141836.png


At 22:05 GMT on Tuesday, bitcoin increased 5.11 percent to $23,564.93, gaining $1,145.77 from its previous closing.

The largest and most well-known cryptocurrency in the world, Bitcoin, has increased by 33.9 percent since hitting a low of $17,592.78 on June 18.


The price of Ether, the cryptocurrency connected to the Ethereum blockchain, fell by $5.27 on Tuesday to settle at $1,575.88.