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The mayor of Novorossiysk, Russia, said that the attack on the city by Ukraine resulted in four deaths.Gatwick Airport, UK: Flights at London Gatwick Airport have now resumed. We still expect it will take some time for operations to fully return to normal.1. New CEOs Debut – Ternus, who has served as Apples head of hardware since 2021, has hosted numerous Apple product launches, but this will be his first appearance as CEO. This event will be his first opportunity to showcase his vision for the company. 2. The Long-Standing Issue of iPhone Price Increases – Pricing of the new products is perhaps one of the most anticipated issues at this event. Apple has taken measures this year to mitigate the impact of rising chip prices, and it is reported that it will raise the prices of the iPhone 18 Pro and iPhone 18 Pro Max by $100 each, a smaller increase than previously expected. 3. First Foldable iPhone – Apple is reportedly naming its first foldable phone the "iPhone Duo," with a starting price of $2,000. The entry-level version will come with 256GB of storage, and Apple will also release a larger capacity version, with the highest price potentially reaching around $3,000. This phone is expected to launch as early as October, offering white and dark blue color options. 4. iPhone 18 Pro Series – The iPhone 18 Pro series will look almost identical to the 17 Pro series, with one major change being the replacement of the orange color with a burgundy. However, in terms of cameras, the 18 Pro series will feature a new lens and professional-grade imaging software. A mechanical aperture may be added to the larger models, enabling more precise depth-of-field control and improving low-light performance. Furthermore, the "Isle of Light" design will be further reduced, and the series will feature the A20 Pro chip and a redesigned vapor chamber for better heat management. 5. Apple Watch and AirPods 5 – For the new Apple Watch Series 12 and Ultra 4, Apple will introduce new colors and redesign the case and band. The Series 12 will return to a ceramic case version; the Ultra 4 will have longer battery life. Additionally, Apple will introduce the entry-level AirPods 5, featuring significantly upgraded active noise cancellation. 6. Other potential new products: A home hub for controlling smart home devices, a new Apple TV with a faster processor, and a HomePod mini. Additionally, Apple is expected to announce the official release dates for iOS 27, iPadOS 27, macOS Golden Gate, tvOS 27, watchOS 27, and visionOS 27. 7. Products not expected to be released: According to media reports, the standard iPhone 18 will be delayed until next spring; in-ear AirPods will be delayed until next year; a MacBook Pro with an M6 chip and a new iMac may be released before the end of this year; a new MacBook Pro with an OLED touchscreen may be released at the end of this year or early next year; and an OLED iPad mini is expected to be released before the end of October.September 9 - According to Reuters on the 9th, an Israeli official and a source familiar with the matter revealed that Israel has notified the UK that the British consulate in Jerusalem must close, and the consulates diplomats will lose their accreditation within 30 days.Israel Defense Forces: Forces under the Israel Defense Forces Southern Command remain deployed in the region in accordance with the agreement and will continue operations to eliminate any threats.

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.