EUR/USD 1.17092
-0.103%
Gold 4339.50
0.156%
Oil 56.513
1.153%
USD/JPY 157.685
1.371%
GBP/USD 1.33734
-0.060%
GBP/JPY 210.883
1.325%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On December 21, Russian Presidential Aide Ushakov told the media that the proposal to hold trilateral talks between Russia, the United States, and Ukraine has not yet been put on the agenda or discussed. He also pointed out that the modifications proposed by Ukraine and Europe to the Russia-Ukraine "peace plan" are not conducive to advancing the agreement. Ushakov confirmed that Russias Special Representative for Foreign Investment and Economic Cooperation, Dmitriev, is currently in Miami holding talks with the US. He revealed that Dmitriev will report on the results of the talks with the US after returning to Moscow. On the same day, Russian Presidential Press Secretary Peskov told the media that President Putin has no plans to speak with US President Trump before the end of the year, but arranging a call would be easy.On December 21st, according to Japanese sources, during a debate program, Itsunori Onodera, chairman of the Liberal Democratic Partys (LDP) Security Research Council, proposed that it is necessary to discuss the definition of the "Three Non-Nuclear Principles." He discussed Japans current reliance on the US "nuclear umbrella," stating, "This is one of the issues that should be discussed." Onodera said the LDP plans to submit a related motion to the Cabinet in February next year to promote discussion in the Diet. The "Three Non-Nuclear Principles" refer to not possessing, manufacturing, or introducing nuclear weapons. Recently, several political parties, politicians, and numerous civic organizations in Japan have called for adherence to the "Three Non-Nuclear Principles" to avoid a repeat of the tragedy of war.Kremlin: The idea of a trilateral meeting between Russia, the United States, and Ukraine has not yet been discussed.On December 21, the Communist Party of Cuba issued a statement on its official website on the 20th, condemning the US governments escalation of aggression against Venezuela in the strongest terms and accusing the US of its recent actions in Venezuela of being a deliberately planned and dangerous act.SpaceX: Public safety is always our top priority during flight tests. We will continue to ensure that public safety is maximized.

GBP/JPY fluctuates below 158.00 before to UK economic data release

Alina Haynes

Jan 13, 2023 14:59

 GBP:JPY.png

 

During the Asian session, the GBP/JPY pair is behaving erratically below the key resistance level around 158.00. As investors anticipate the release of United Kingdom economic data for extra impetus, the cross displays a neutral appearance.

 

Following an announcement by the Bank of Japan (BoJ) that the central bank will evaluate the effects of a decade-long loose monetary policy stance on economic growth and inflation, GBP/JPY fell on Thursday.

 

After the central bank widened the range of 10-year Japan Government Bonds, concern of a shift in the BoJ's stance on the price index has increased (JGSs). In a policy statement, the BOJ explained that the purpose of the step was to "improve market functioning and promote a smoother evolution of the entire yield curve while maintaining accommodative financial conditions."

 

In the interim, Kristalina Georgieva, managing director of the International Monetary Fund (IMF), conveyed via Reuters early Friday morning in Asia that the BOJ should adopt a dovish position. The labor unions' demands for wage increases have not produced a meaningful shift. In other words, there is no driver of inflation.

 

Inflation, which continues relatively close to the bank's target of 2%, did not require a change to the central bank's debt yield curve management regime.

 

Investors are monitoring the publishing of economic figures in the United Kingdom. The consensus forecast for Industrial and Manufacturing Production (Nov) is a yearly decrease of between 3.0% and 4.8%. The United Kingdom's industrial activity has fallen steadily during the past four months. If a spate of deceleration diminishes inflationary expectations, the Bank of England's (BOE) officials will face fewer obstacles.


Suggestion