EUR/USD 1.16141
-0.097%
Gold 4434.77
-0.854%
Oil 89.430
-0.234%
USD/JPY 156.234
0.280%
GBP/USD 1.35183
-0.046%
GBP/JPY 211.206
0.242%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
September 5th - According to Xiaomi Technology, Xiaomi officially released Xiaomi-TabLDM today: a general-purpose large-scale model for tabular data. Xiaomi-TabLDM directly adapts to different tabular datasets with a single pre-trained model and unified default configuration, completing classification and regression predictions without the need for retraining, parameter tuning, or post-ensemble for each task.Musk: The factory system that produces Tesla (TSLA.O) Cybercab is completely different from any other car production line.On September 5th, the U.S. State Department issued a statement on the 4th, saying it had approved the sale of military equipment to Saudi Arabia and Oman, with estimated sales of $5.75 billion and $188 million respectively. The statement said the arms sale to Saudi Arabia includes 5,004 500-pound bombs, 5,000 2,000-pound bombs, and corresponding guidance systems, estimated at $5 billion; and 60 engines for Abrams main battle tanks, estimated at $750 million. The State Department also approved the sale of F-16 fighter jet support services and related equipment to Oman. According to U.S. media reports, these foreign military sales still require approval from the U.S. Congress.Sources say the White House has begun reviewing candidates to succeed the U.S. Deputy Secretary of Defense.On September 5th, it was announced that Hong Kong Chief Executive John Lee will release the "First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030)" on September 16th, followed by a new Policy Address. He emphasized that the "First Five-Year Plan for Hong Kong" will formulate macro-strategies, clarify development directions, and align with the national "15th Five-Year Plan"; the Policy Address will focus on specific measures. The two are interconnected and mutually reinforcing. Lee pointed out that in the past few years, under the formulation and implementation of the measures outlined in the Policy Address, continuous efforts have been made in various aspects such as finance, innovation and technology, and education. These efforts have ensured the effective operation of the Central Gold Clearing System, built a commodity trading ecosystem, continuously attracted leading global companies to the Lok Ma Chau Loop Hong Kong Industrial Park, and constructed the North City University Town, bringing new momentum and opportunities to Hong Kong.

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