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On August 29th, at a thematic exchange event during the 2026 China International Big Data Industry Expo, an official from the National Data Administration stated that as of the end of July 2026, the total scale of intelligent computing nationwide reached 2.45 million PFLOPS (FP16). The eight national computing power hubs and three computing-power collaborative development zones have built up over 85% of the nations intelligent computing capacity. 1.45 million PFLOPS of intelligent computing power have been included in the monitoring scope of the national-level monitoring and scheduling platform, and the ability to intensively utilize computing resources and conduct integrated scheduling is continuously improving. Going forward, the National Data Administration will continue to optimize computing power layout to enhance supply capacity, strengthen monitoring and scheduling to improve utilization efficiency, deepen computing-power collaboration, cultivate the industrial ecosystem, and comprehensively promote the high-quality development of computing power.On August 29th, former Ukrainian Defense Minister Mikhailov Fedorov announced on the 28th that he had accepted an invitation to serve as an advisor to Italian Defense Minister Guido Croceto. Fedorov wrote on social media that he will serve as Crocetos defense innovation advisor, providing assistance in areas such as "modern warfare technology," and expressed his "gratitude for Crocetos trust and support." Last month, Fedorov was dismissed from his post as defense minister by Ukrainian President Zelensky after only six months in office, sparking large-scale protests in many parts of Ukraine. Zelensky subsequently dismissed Armed Forces Commander-in-Chief Oleksandr Sørsky, with whom Fedorov had a strained relationship. In mid-August, Fedorov released a video calling for wartime elections in Ukraine, stating that the country was facing a governance crisis. Several days later, Zelenskyy stated that Ukraine was not yet ready to hold wartime elections, otherwise it would face a significant danger of national disintegration.On August 29, Kyiv Oblast Governor Viktor Tkachenko announced on social media that Russia had attacked a warehouse in the Butcha district of the region, killing 37 people. Tkachenko stated that rescue workers and relevant departments were still conducting rescue and cleanup operations at the scene. Earlier, Tkachenko said that Russian forces had been attacking Kyiv Oblast from August 27 to 28, targeting residential buildings, warehouses, and vehicles. One warehouse in the Butcha district was attacked, exploded, and caught fire, which spread to nearby residential buildings, causing dozens of deaths and injuries.Qatari Foreign Ministry: The Qatari Prime Minister and Foreign Minister spoke by phone with the Turkish Foreign Minister to discuss efforts to reduce regional tensions.On August 29, local time, Irans Islamic Revolutionary Guard Corps announced that it had dismantled a terrorist group in the Sarawan district of Sistan-Baluchistan province in southeastern Iran. The Revolutionary Guard stated that the group, affiliated with the United States and Israel, was attempting to carry out a series of terrorist attacks in the province. The operation resulted in the seizure of 20 packages of explosives and explosive components, weapons and ammunition, Starlink equipment, and other items. The United States and Israel have not yet responded to the report.

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.