EUR/USD 1.04777
0.166%
Gold 2942.76
0.277%
Oil 70.609
0.654%
USD/JPY 149.551
0.282%
GBP/USD 1.26398
0.076%
GBP/JPY 189.032
0.359%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
February 25th news: February 24th was the third anniversary of the outbreak of the Russian-Ukrainian conflict. The 79th UN General Assembly resumed the 11th emergency special meeting on the situation in Ukraine on that day, voting on the draft resolution proposed by the United States and the draft resolution proposed by Ukraine and supported by the European Union. At the meeting, the relevant draft resolution proposed by Ukraine was passed. In addition, the UN General Assembly rejected Russias proposed amendment to the anniversary resolution on Ukraine drafted by the United States. The UN General Assembly also passed the second amendment to the US draft resolution on the Russian-Ukrainian conflict. The UN General Assembly also approved all amendments proposed by the European Union to the Ukrainian resolution drafted by the United States.Market News: The UN General Assembly approved all European-proposed amendments to the US-drafted resolution on Ukraine.Czech Prime Minister: We must use funds from frozen Russian assets to support Ukraines military.Market news: The United Nations General Assembly rejected Russias proposed amendment to the US-drafted anniversary resolution on Ukraine.Germanys DAX30 index closed up 161.57 points, or 0.73%, at 22,425.86 points on February 24 (Monday); Britains FTSE 100 index closed down 1.06 points, or 0.01%, at 8,658.31 points on February 24 (Monday); Frances CAC40 index closed down 63.52 points, or 0.78%, at 8,090.99 points on February 24 (Monday); Europes The STOXX 50 index closed at 5,452.95 points on Monday, February 24, down 22.90 points, or 0.42%; the Spanish IBEX 35 index closed at 13,011.13 points on Monday, February 24, up 59.33 points, or 0.46%; the Italian FTSE MIB index closed at 38,494.00 points on Monday, February 24, up 72.95 points, or 0.19%.

Before UK Employment And Japan GDP Data, GBP/JPY Recovers Above 158.50

Daniel Rogers

Feb 13, 2023 14:37

 GBP:JPY.png

 

In the early hours of Tokyo, GBP/JPY surpassed 158.50. After Friday's significant swings, it is anticipated that the cross's volatility will decrease. As the likelihood of scholar Kazuo Ueda being appointed the next Governor of the Bank of Japan (BoJ) grew, the Japanese Yen witnessed extreme volatility.

 

According to the Nikkei Asian Review, the Japanese Cabinet is anticipated to appoint Kazuo Ueda as the next Governor of the Bank of Japan (BoJ) when Haruhiko Kuroda steps down in April. According to sources, the Japanese government would appoint former FSA Chief Himino and BoJ Executive Director Shinichi Uchida as Deputy BoJ Governor.

 

The announcement prompted the Japanese Yen to climb perpendicularly, but Kazuo Ueda's assertion that the current monetary policy was appropriate halted the increase. Prime Minister Fumio Kishida of Japan reaffirmed that the administration will consider ending the decade-long expansionary approach under the new leadership of the Bank of Japan. Kazuo Ueda's divergent position on monetary policy diminished the likelihood of a withdrawal from accommodative monetary policy.

 

Investors are awaiting the Japan GDP (Q4) report on Tuesday. The growth of economic data is 2% annually and 0.5% quarterly.

 

British investors await employment data to determine the direction of the Pound. The three-month unemployment rate stays unchanged at 3.7%. Without incentives, average earnings are expected to increase by 6.5%. The Bank of England (BoE), which is battling inflation, may confront additional obstacles.

 

If we achieve our goal of halving inflation this year, we will have some of the best growth prospects in Europe, according to the British minister of finance, Jeremy Hunt.

Suggestion