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On September 9th, at the 2026 JD Global Technology Explorers Conference, Yu Kai, founder and CEO of Horizon Robotics, officially announced that Horizon Robotics Journey 6P intelligent driving computing solution has been selected for JD Logistics unmanned vehicle project. This solution will provide automotive-grade intelligent driving computing power support for JD Logistics L4-level "Lone Wolf" sixth-generation intelligent delivery vehicle Plus version. Yu Kai stated that the deployment scale of unmanned logistics vehicles through this collaboration is expected to reach one million units within the next three years.Amazon and Flex announced the expansion of their advanced manufacturing facility in Texas, which is expected to create nearly 1,000 jobs and strengthen the U.S. supply chain.A grain terminal in Novorossiysk, Russia, was damaged in a drone attack.September 9th - Leading EU lawmakers on carbon market reform are considering proposing a more gradual pace of emissions reductions over the next decade in a draft to be released on Friday. According to sources, European Parliament member Peter Lises draft will outline a plan to reduce the pollution cap on the emissions trading system by 3.4% annually in the first half of the 2030s, compared to the European Commissions proposal of 3.7%. In the second half, the so-called linear reduction factor will be 2.3%, compared to 1.7% sought by the Commission in 2036. This change would ease the burden on struggling European industries at the beginning of the next decade. High-emission producers in the region, such as those in the chemical industry, have warned that the cost of reducing pollution further weakens the EUs competitiveness with the US and could lead to shutdowns.EU lawmakers on carbon reform are considering more gradual emissions reduction measures.

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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