EUR/USD 1.15946
0.057%
Gold 4431.80
0.999%
Oil 89.272
0.175%
USD/JPY 157.834
-0.549%
GBP/USD 1.34925
0.053%
GBP/JPY 212.962
-0.498%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
CEO of Sberbank: Russias accelerating inflation is mainly due to the loss of oil refining capacity.CEO of Sberbank: Russian consumption is beginning to decline, which is worrying.On September 3, Yang Xuedong, Director of the Sports Economy Department of the State General Administration of Sport, stated at a press conference held by the State Council Information Office that the focus will be on "science and technology innovation" to cultivate new growth points for the industry. Seizing the historical opportunities presented by the new round of technological revolution and industrial transformation, the government will improve the level of independent research and development and technological innovation in sports equipment manufacturing enterprises, accelerate the application of new technologies such as big data and artificial intelligence in the sports field, cultivate and expand new business models such as online sports live streaming, online training, virtual sports, and smart operations, and create more new models and scenarios for sports consumption through the innovative application of digital technologies. This will upgrade sports services from "standardization" to "personalization," meet the new demands of mass sports consumption, and give wings to the development of the sports industry through technology.September 3 – The China-Shanghai Cooperation Organization (SCO) Port Economic Cooperation Center was officially inaugurated in Tianjin today. The center focuses on three main areas: port clearance innovation, maritime facilitation cooperation, and port and shipping industry clustering. It aims to further improve the efficiency and intelligence of customs clearance supervision for agricultural and food products from SCO member states; provide 24/7 policy consultation, approval guidance, assistance, and coordination services for ships traveling to and from SCO member states; and promote the internationalization of port and shipping infrastructure and operational management technologies, attracting a number of projects to the Tianjin Binhai New Area Port and Shipping Industry Cluster.On September 3, the Chinese Embassy in South Korea and the Consulate General in Gwangju held multiple communications with the Gwangju Integrated Special City Government and the Gwangju Biennale Foundation regarding the Taiwan-related issues of the Biennale. China actively participates in the Biennale and supports its success, while emphasizing that South Koreas participation must adhere to its foreign policy towards China and comply with international law and practice. There is only one China in the world, and Taiwan is an inseparable part of Chinas territory. Taiwans only designation at the United Nations is "Taiwan, Province of China," and Taiwans participation in multilateral activities must be handled in accordance with the one-China principle. However, the organizers of the Gwangju Biennale stubbornly persist in their erroneous practices, openly agreeing to allow Taiwan to participate using a name completely inconsistent with its identity, seriously violating the one-China principle and directly damaging the political foundation of China-South Korea relations. China firmly opposes this and will never accept it. The Chinese curatorial team has announced its withdrawal from the Biennale, expressing strong protest.

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