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August 26 - Due to the characteristics of Typhoon Saudel, including high landfall intensity, abundant moisture, wide impact range, and strong destructive potential, the State Flood Control and Drought Relief Headquarters and the Ministry of Emergency Management today upgraded the flood and typhoon prevention emergency response level from Level IV to Level III for Zhejiang and Fujian, while maintaining the Level IV response level for Guangdong.August 26 - According to US media reports on August 25, CIA Director John Ratcliffe made a surprise secret visit to Russia. According to a senior Ukrainian official, prior to Ratcliffes trip, the US informed Ukraine that a high-level delegation would be traveling to Moscow and requested that Ukraine suspend airstrikes until the delegation departed.According to Russian media citing the Russian Ministry of Defense, the Russian military shot down 426 drones overnight.Japanese Minister of Economy, Trade and Industry Minoru Jonouchi: The CPI is expected to gradually rise due to the situation in the Middle East.On August 26th, Country Garden Services (06098.HK) announced that its revenue for the first half of 2026 was RMB 24,500.5 million, a year-on-year increase of 5.7%; net profit was RMB 948.4 million, a year-on-year decrease of 5.4%; profit attributable to shareholders was RMB 950.3 million, a year-on-year decrease of 4.6%; and core net profit attributable to shareholders was RMB 1,618.5 million, a year-on-year increase of 3.2%. During the period, the company repurchased 34.995 million shares for a total consideration (including transaction costs) of approximately RMB 186 million, of which 24.124 million shares have been cancelled.

Despite the dovish BOJ minutes, the AUD/JPY encounters obstacles at 95

Daniel Rogers

Jul 26, 2022 11:56

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The early hours of the Tokyo session saw the AUD/JPY pair present a downward breach of the minute consolidation formed in a range of 94.97-95.18. As a result, the pair is now falling. The asset has generally held up well, and this little decline can be attributed to market participants "taking gains." Since the Bank of Japan (BOJ(released) )'s dovish minutes from its monetary policy meeting in June, the risk barometer has decreased.

 

The BOJ Governor Haruhiko Kuroda kept the same interest rate policy last week, so investors should be mindful of this. In order to keep an inflation rate above the desired threshold, the BOJ kept its ultra-loose monetary policy in place. Its unwillingness to raise pay rates is becoming a significant barrier, though, and inflation rates higher than 2% are rarely justified by rising energy and food prices. In addition, the BOJ announced that it will continue to buy an unlimited number of bonds in order to maintain its bond yield cap.

 

Investors are eagerly awaiting the release of Australian Bureau of Statistics' inflation statistics on Wednesday in the aussie market. The predicted increase in the overall Consumer Price Index (CPI) for the second quarter of CY2022 is 6.2 percent, up from the previously estimated 5.1 percent. The Reserve Bank of Australia (RBA) will be forced by this to increase interest rates even further in its monetary policy for August. Following a 50 basis point (bps) hike in July, Governor Philip Lowe of the RBA has already increased the Official Cash Rate (OCR) to 1.35 percent.


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