• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
March 14 – According to foreign media reports, U.S. Energy Secretary Frank Wright took action on Friday to retaliate against two of the Trump administrations biggest adversaries: the oil supply disruptions caused by the war with Iran, and California Governor Gavin Newsom. Wright issued an order clearing the way for a company operating near the California coast to restart an oil pipeline that had been shut down by state officials since 2015. The Department of Energy characterized this move as a way to reduce reliance on oil imports via the Strait of Hormuz. "Today, more than 60 percent of the oil used by California refineries comes from overseas, a significant portion of which is transported through the Strait of Hormuz—a serious national security threat," the Department of Energy wrote in a statement. Wright stated that this move will "strengthen the United States oil supply and restore pipeline systems critical to our national security and defense, ensuring that military facilities on the West Coast have reliable energy sources essential for readiness."According to the Wall Street Journal, sources familiar with the matter said that given polls showing President Trump’s actions on the vaccine issue are unpopular, his aides have decided to take a more active role in managing the U.S. Department of Health and Human Services, which is led by Robert F. Kennedy Jr.According to the Wall Street Journal, sources familiar with the matter revealed that the White House is tightening its control over the Department of Health and Human Services information dissemination and policy-making, including policies surrounding vaccines, in preparation for the midterm elections.March 14th - Today, the National Bureau of Statistics released data on price changes of key production materials in the circulation sector for the first ten days of March 2026. According to monitoring of market prices for 50 key production materials across nine categories nationwide, compared to the first ten days of February 2026, prices for 37 products increased, 10 decreased, and 3 remained unchanged.March 14th - According to foreign media reports, U.S. Interior Secretary Doug Bergham stated that the Trump administration had discussed curbing oil prices through trading in the oil futures market. However, Bergham said he was unclear whether the U.S. had actually intervened in the market. Bergham stated on Saturday, "I must say, there have been discussions. There are many smart people in this administration—and many smart people in the energy trading market. Trying to manipulate and lower prices through intervention requires a huge amount of money. Thats all I can say about that." The head of the company that regulates West Texas Intermediate crude oil futures trading warned that if the federal government were to begin trading derivatives to lower crude oil prices, it would be a "bible-level disaster."

The AUD/JPY exchange rate fluctuates below 90.00 as investors await BoJ action

Alina Haynes

Jan 18, 2023 15:03

 AUD:JPY.png

 

In the early Asian session, the AUD/JPY currency pair is bouncing violently in a narrow range below the resistance level of 90.00. Before the Bank of Japan introduces its first monetary policy of CY2023, the risk barometer indicates a sideways auction (BoJ). The AUD/JPY exchange rate reflects the consolidation of the AUD/USD, indicating an uncertain risk profile.

 

Investors anticipate that the Bank of Japan (BoJ) will not alter its policy stance on Friday, as doing so would increase financial market risk and hinder efforts to boost inflation. Previously, the Bank of Japan (BoJ) announced that the central bank will review the negative side effects of the decade-long ultra-loose monetary policy, generating the impression that the central bank is eager to abandon the easy policy.

 

The experts at Standard Charted expect the Bank of Japan to hold both the policy balance rate and the 10-year yield goal at their present levels of -0.1% and 0%, respectively. The recent decision to expand the 10-year JGB band to +/-50 bps (from +/-25 bps) will be evaluated by policymakers at the December meeting.

 

The replacement of current Governor of the Bank of Japan Haruhiko Kuroda will be widely followed. The next BoJ governor nominee is anticipated to be presented to the Japanese parliament on February 10, Reuters reported on Tuesday. Amamiya, Nakaso, and Yamaguchi are regarded as leading C.banking candidates.

 

Thursday is the expected publication date for Australian employment statistics, which investors are monitoring. The Unemployment Rate is expected to remain constant at 3.4%, according to the majority of economists. Aside from this, the Australian economy must have added 22,500 new jobs to the labor market in December, a down from the prior rises of 64K.