Syzuki often comes out with obvious statements like this. The point is not the substance its that he is making statements.Japanese authorities are wary of rapid yen depreciations. Such comments are meant to slow, and even reverse, this. USD/JPY has fallen back a...
Australian housing finance data for April misses estimate
High interest rates are weighing on the sector. PIMCO is the latest I've seen to express concerns on Australian housing finance, says Australia is fast approaching a mortgage cliff for fixed rate mortgages that will place further pressure on households and the...
Bank of Japan Governor Ueda says higher trend inflation likely but it’ll take time
Bank of Japan Governor Ueda Trend inflation is likely to heighten ahead but it will take timeCannot set a rigid timeframe for hitting our price targetWhen uncertainty is so high, setting a timeframe for hitting the price target could have unexpected impact on...
PBOC sets USD/ CNY mid-point today at 7.0939 (vs. estimate at 7.0958)
People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore yuan. USD /CNH has no restrictions on its trading...
Australia’s minimum wage & industry award rates will rise by 5.75% from July 1
Australia's Fair Work Commission has announced its decision on the minimum wage hike. will boost pay for around 180K Australian workersthere will also be a 5.75% pay rise for workers on industry award rates, this will flow through to around another 2.7 million...
Crude Oil Price Jumps on Optimism Ahead of OPEC+ Meeting. Where to for WTI?
Crude Oil, OPEC+, WTI, US Dollar, Economic Data, Treasury Yields – Talking PointsCrude oil found firmer footing going into the Friday session after dippingThe June OPEC+ meeting could see some action with conflicting views among membersThe technical picture might be...
ANZ, CBA, NAB & Westpac all expect Reserve Bank of Australia pause at next week’s meeting
The next Reserve Bank of Australia meeting is on June 6.statement is due at 2.30 pm Sydney time, which is 0430 GMT and 12.30am US Eastern time All four of Australia's major banks, ANZ, CBA, NAB & Westpac, expect an 'on hold' decision from the RBA at this June...
National Australia Bank expect a +25bp rate hike from the RBA, but not until August
The next Reserve Bank of Australia meeting is on June 6.statement is due at 2.30 pm Sydney time, which is 0430 GMT and 12.30am US Eastern timeVia National Australia Bank, expecting aa pause at this meeting:" the RBA has slowed down the cadence of rate hikes. And...
PBOC is expected to set the USD/CNY reference rate at 7.0958 – Reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
[37만 9600원 지원!! 전국 동시접수 시작~지금 주민센터에서 신청하세요! 신청해야 줍니다!!]#3.1경제독립tv
https://www.youtube.com/watch?v=ZAZVDzc93DY [37만 9600원 지원!! 전국 동시접수 시작~지금 주민센터에서 신청하세요! 신청해야 줍니다!!]#3.1경제독립tv 나에게 힘이되는 "돈되는 복지정보"!! 최신 "재테크 소식"을 가장 빠르고, 정확하게 받고 싶다면 3.1경제독립tv" "좋아요", "구독", "알림설정" 부탁드리겠습니다! 감사합니다...
BoA non-farm payroll preview, looking for +200K & jobless rate of 3.4%
The US non-farm payroll jobs report is due on Friday, 2 June 2023 at 8.0am US Eastern time (1230 GMT).Earlier:Via BoA:we forecast a 200k increase in nonfarm payrolls (NFP)would leave payroll growth well above levels needed to offset the pace of natural growth in the...
ANZ raise its forecast for the RBA terminal rate to 4.35% (from 4.10%)
Earlier on the Reserve Bank of Australia:ANZ have bumped their end-rate higher:We no longer see 4.1% as sufficient to bring inflation back to the target in a reasonable time. We see August most likely for a move.The next Reserve Bank of Australia meeting is on June...
US Senate Majority Leader Schumer says on track to pass debt limit bill tonight
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Two outliers are forecasting another 75bp of rate hikes from the RBA, cash rate to 4.6%
Bloomberg (article is gated) cite two economists looking for continued aggressive cash rate hikes form the Reserve Bank of Australia. Credit Suisse equity and macro strategist Yaying Dong sees the Reserve Bank’s cash rate at 4.6% by Septembersays as services inflation...
ECB minutes recap – many Eurozone central bank governors wanted a larger rate hike
The European Central Bank May meeting minutes were published on Thursday. Justin had the news posted here:You'll recall that the result of that meeting was a 25bp rate hike.Reuters have popped up a recap of the minutes and its an interesting read. As for dissent, says...
New Zealand Q1 2023 Terms of Trade data -1.5% q/q. Export and import prices both down q/q
New Zealand Export prices -6.9% q/qexpected -2.2%, prior -0.6%Import prices -5.4% q/qexpected -0.8% prior -2.1%Putting those two together shows the terms of trade down 1.5% q/qexpected flat at 0.0%, prior -6.3%---In brief:Terms of trade refer to the ratio between the...
June Fed hike? The data-dependent Federal Open Market Committee (FOMC) is awaiting the NFP
The jobs report from the US is due at 1230 GMT / 0830 US Eastern time. Previews:Analysts at Bank of Montreal note that the report is important for the June (13 - 14) FOMC meeting:As newly nominated Vice-Chair Jefferson voiced his support for patience, but said a pause...
Non-farm payrill preview – Morgan Stanley looking for +170K, 3.4% jobless rate
The US non-farm payroll jobs report is due on Friday, 2 June 2023 at 8.0am US Eastern time (1230 GMT).Earlier:The consensus:Morgan Stanley are looking for a below consensus headline:We expect total nonfarm payrolls increased by 170k in Mayan uptick in participation...
ICYMI: Bullard said rates “at the low end of what is arguably sufficiently restrictive”
St. Louis Federal Reserve branch President James Bullard wrote an essay. It was published on Thursday.The Wall Street Journal have a (gated) piece with a summary. Bullard wrote that:the monetary-policy landscape is in "much better shape today" with the federal funds...
💸스마트폰으로 간편하게 갈아타기! 6월부터 바뀌는 4가지 정책!
https://www.youtube.com/watch?v=jTkMXBO_L3o 여러분 안녕하세요.^^ 오늘은 일상생활에서 알아두면 유용한 내용 또는 놓치면 아까운 제도 딱 4가지만 골라서 소개해 드립니다! #6월 #대출 #정부지원 MoneyMaker FX EA Trading...