EUR/USD 1.16340
0.092%
Gold 4398.32
0.988%
Oil 92.792
0.636%
USD/JPY 153.477
-0.327%
GBP/USD 1.35477
0.058%
GBP/JPY 207.932
-0.275%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 9th, the Russian Ministry of Defense released an update on the operations in Ukraine: Russian forces are intensifying their encirclement of Ukrainian armed forces units in the Kharkiv region and have taken control of the village of Ozernoye. The "East" forces are penetrating deep into Ukrainian defenses and launching attacks on Ukrainian armed forces units in the Zaporizhzhia and Dnipropetrovsk regions. Air defense systems have shot down eight guided-missile bombs, three US-made HIMARS multiple rocket launcher systems, one long-range Neptune cruise missile, and 1,185 drones.Ukrainian Armed Forces: On the night of September 9, the Ukrainian Defense Forces launched an attack on the Novorossiysk military naval base in the Krasnodar Krai of the Russian Federation.Türkiyes Energy Minister: The second and third nuclear power plants in cooperation with Canada are progressing rapidly, and we look forward to a clearer picture in the coming months.Ukrainian President Zelensky: Ukraine struck targets in Russia’s Novorossiysk and Krasnodar regions, including an oil terminal.September 9th - Apples $570 billion summer surge has placed high expectations on new CEO John Turner as the company prepares for its most anticipated event in years: Wednesdays launch of the foldable iPhone. Since the company announced price increases for several products on June 25th, the stock has risen 15%, despite that day marking its worst performance in over a year. The significant gains since then have been largely driven by enthusiasm for the new device lineup, particularly the foldable phone. However, the stock is still about 7% below its all-time high reached on July 28th. Apple remains seen as a laggard in artificial intelligence, a long-standing fundamental concern for investors. In the short term, however, the stocks fate may depend on the market response to the new iPhone, the companys ability to manage soaring memory costs, and Turners performance, who succeeded Tim Cook as CEO on September 1st. Morgan Stanley predicts the foldable iPhone will start at between $2,300 and $2,500. They estimate that Apple will ship approximately 6.5 million iPhones in the first quarter of its fiscal year ending in December, generating sales of approximately $14 billion, representing about 16% of the total expected iPhone revenue for that quarter.

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.

Suggestion