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On September 4th, the Qijing GX7 officially opened for pre-sale.On September 4th, the launching ceremony of the 2026 Zhejiang Province "Quality Month" activities and the 9th Yangtze River Delta G60 Science and Technology Innovation Corridor Quality Standards Conference were held in Hangzhou, Zhejiang. To build consensus across the upstream and downstream of the industrial chain, construct a collaborative governance framework for quality standards involving industry, academia, research, and application, and promote the high-quality development of the embodied intelligent industry, the conference released the "Initiative for Collaborative Construction of Quality Standards for the Embodied Intelligent Industry in the Yangtze River Delta G60 Cities" and the "Research Report on the Evaluation Index System of Quality Standards for the Yangtze River Delta G60 Science and Technology Innovation Corridor in 2025," among other achievements. The "Initiative for Collaborative Construction of Quality Standards for the Embodied Intelligent Industry in the Yangtze River Delta G60 Cities" proposes: prioritizing quality to solidify the foundation for industrial development; jointly building a standards system to connect industrial collaboration interfaces; and collaborative data governance to strengthen the foundation for intelligent training. Specifically, regarding prioritizing quality, the initiative focuses on the joint construction of a standards system, encouraging enterprises to actively participate in the formulation of national and industry standards, and further promoting the collaborative implementation of standards in areas such as basic general applications, core technologies, components, complete systems, and industry applications.On September 4th, according to the official WeChat account of "Beijing Shunyi," the "Development and Construction Plan for the Capital Airport Economic Zone during the 15th Five-Year Plan Period" has been officially issued. According to the plan, the Capital Airport Economic Zone will promote the high-quality development of a "1+4" industrial system over the next five years, with aviation services as the core and supported by pharmaceuticals and healthcare, intelligent manufacturing, logistics and trade, and business consumption. It aims to become a pioneering zone for the airport economy and build a first-class international airport city port. The plan sets 21 core indicators across five dimensions: hub, scale, industry, innovation, and quality. It specifies that by 2030, the parks revenue will reach 620 billion yuan, the district-level general public budget revenue will reach 4 billion yuan, and the annual import and export volume of the Tianzhu Comprehensive Bonded Zone will reach 200 billion yuan. The "1+4" industrial system will achieve an average annual growth rate of around 10%, the Tianzhu Comprehensive Bonded Zone will maintain a top-tier (A-level) performance evaluation, and the high-tech industrys revenue will grow at an average annual rate exceeding 10%, further highlighting its leading and driving role in the high-quality development of Shunyi Plain New City.September 4th - According to real-time data from Lighthouse Pro, as of 12:50 PM on September 4th, the film "Welcome to Dragon Restaurant" has surpassed 2 billion yuan in box office revenue.Documents show that Iraqs State Oil Marketing Organization (SOMO) is seeking diesel deliveries between September and December, marking its second such procurement tender this year.

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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