• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The Bahraini military said it intercepted and destroyed several air attacks from Iran on Friday.July 17th - According to real-time data from Lighthouse Pro, as of 3:10 PM on July 17th, the film "Kung Fu Womens Soccer" has surpassed 1 billion yuan at the box office.On July 17, Senior Colonel Jiang Bin, spokesperson for the Ministry of National Defense, issued a statement regarding recent military-related issues. It was reported that the Philippine Defense Minister recently visited Zhongye Island to participate in activities commemorating the tenth anniversary of the "South China Sea Arbitration Ruling." What is your comment on this? Spokesperson Jiang Bin stated that China has indisputable sovereignty over the Nansha Islands, including Zhongye Island, and their adjacent waters. The Philippine Defense Minister, sanctioned by China, is attempting to demonstrate a so-called "tough stance against China" through political posturing and inciting nationalist sentiment, seeking personal political gain, ultimately harming the fundamental interests of the Philippines and its people. The "South China Sea Arbitration Case" was, from beginning to end, a political farce disguised as law; the so-called "ruling" has absolutely no legal effect. China does not accept, recognize, or accept any claims or actions based on this "ruling." No matter how some people in the Philippines perform, it cannot change the historical and legal fact that the relevant islands and reefs belong to China, nor can it shake the firm resolve of the Chinese military to safeguard national territorial sovereignty and maritime rights.July 17th - A survey shows that market institutions are raising their expectations for European stocks. UBS was the most bullish in its July survey, predicting the Stoxx Europe 600 index will rise 8% by the end of this year. Bank of America, Deutsche Bank, and Kepler Cheuvreux also raised their target forecasts. The average forecast of the 18 strategists surveyed is that the index will close at 647 points by the end of 2026. While this level is less than 1% higher than the current level, bearish views are decreasing, with only 5 survey participants predicting a decline in the index. UBS strategist Gerry Fowler said, "Currently, the upside risks may outweigh the downside risks." Beata Manthey, head of European equity strategy at Citigroup, said, "We remain bullish on the outlook for European stocks over the next 12 months and are encouraged by the recent revisions to European corporate earnings forecasts. The recent upward revisions in earnings forecasts are remarkable in terms of magnitude, breadth, and timing."July 17th – At the "Global Governance and Sustainable Development of Artificial Intelligence: Challenges and Responses" forum, a sub-forum of the 2026 World Artificial Intelligence Conference, the upgraded "YiJian" 2.0 ethical review intelligent agent system was launched. Building upon its capabilities in basic research ethical review, "YiJian" 2.0 expands its scope to include artificial intelligence ethical review, focusing on AI applications in medicine. It achieves three major upgrades: knowledge rules, intelligent agent capabilities, and application systems, providing more intelligent, efficient, and standardized support for scientific and technological ethical review.

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.