EUR/USD
1.16660
0.166%
Gold
4234.10
0.617%
Oil
58.232
-0.106%
USD/JPY
150.708
-0.227%
GBP/USD
1.34298
0.202%
GBP/JPY
202.400
-0.021%
Real-time News
Hong Kong-listed Yaojie Ankang-B (02617.HK) rose by more than 45% in the short term, with a turnover exceeding HK$430 million.The Hang Seng Tech Index fell more than 1%, and the Hang Seng Index fell 0.17%.On October 16, Bank of Japan (BoJ) board member Naoki Tamura delivered a speech at the Financial and Economic Council Meeting held in Naha. He stated that upward price risks are increasing and stated that "the time has come to consider raising interest rates." After opposing maintaining the policy rate unchanged and demanding an additional rate hike in September, he hinted that he might again propose a rate hike at the monetary policy meeting on October 29-30. Regarding price trends, he emphasized that "I personally believe that the price target is likely to be achieved earlier," which contrasts with the Bank of Japans projection of achieving its 2% price stability target only in the latter half of its outlook period to 2027. He reiterated that the current 0.5% policy rate "has a very limited impact on the overall Japanese economy" and emphasized that "there is still considerable room to reach the neutral rate." To avoid delayed rate hikes that would necessitate sharp hikes in the future to curb inflation, he reiterated the need to gradually reduce monetary easing through rate hikes.Fitch Ratings: Commodity prices and consumer confidence pose challenges to Australian businesses.Hong Kong-listed Cable & Wireless (01097.HK) fell over 16%, with a trading volume exceeding 39.46 million lots.
