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On April 20th, Huawei officially launched its first ultra-wide folding smartphone, the Huawei Pura X Max. The entire series is equipped with the Kirin 9030 Pro chip, HarmonyOS 6.1 operating system, and a Lingxi CPU paired with the Ark Memory Engine. Huawei claims this improves overall performance by 30%.Huawei Terminal: The number of terminal devices supporting HarmonyOS 6 has exceeded 55 million.A senior Iranian source said that Irans "defense capabilities," including its missile program, are not within the scope of negotiations.On April 20, Foreign Ministry Spokesperson Guo Jia-kun held a regular press conference. On the afternoon of April 19, 36,000 people in Japan rallied around the Diet building to strongly protest the Takaichi Sanae governments attempt to amend the constitution. Protesters held signs reading "Oppose War," "Dont Violate Article 9 of the Constitution," and "Takaichi Resign," calling for the protection of the pacifist constitution. What is the spokespersons comment on this? Guo Jia-kun responded: "We have also noticed that Japans constitutional amendment movement has aroused increasing doubt and opposition within Japan, among its Asian neighbors, and in the international community." Guo Jia-kun pointed out that Japanese militarism committed atrocities against the people of China and other Asian countries, and also brought profound suffering to the Japanese people. Therefore, the issue of Japanese constitutional amendment concerns the post-war international order and Japans future, and has always received high attention from the international community and its Asian neighbors. However, Japan has so far failed to deeply and thoroughly reflect on its history of aggression, and some forces are even attempting to glorify and whitewash its crimes of aggression, pushing Japan to accelerate its "remilitarization," leading to the rise of a new type of militarism that threatens regional peace and stability. The international community should be highly vigilant about this. "Preventing the resurgence of militarism is Japans due obligation and the firm will of the international community, including China. We urge Japan to learn from history, abide by its international obligations, and adhere to the path of peaceful development," Guo Jiakun said.Iranian Foreign Ministry spokesman Bagaei: There are currently no plans for a second round of negotiations with the United States.

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

Alina Haynes

Jan 18, 2023 15:03

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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.

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