EUR/USD 1.16427
-0.006%
Gold 4616.59
-0.222%
Oil 60.679
-0.487%
USD/JPY 158.530
0.063%
GBP/USD 1.34351
-0.086%
GBP/JPY 212.992
-0.003%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Japans corporate goods price index rose 2.4% year-on-year in December, below the expected 2.40% and the previous reading of 2.70%.Japans corporate goods price index rose 0.1% month-on-month in December, below the expected 0.10% and the previous reading of 0.30%.New Energy Vehicles: 1. Huaweis Yu Chengdong led a delegation to visit Dongfeng Motor. 2. The China Association of Automobile Manufacturers (CAAM) predicts that Chinas total automobile sales will reach 34.75 million units in 2026, a year-on-year increase of 1%. 3. Shanghai: By 2027, high-level autonomous driving application scenarios will achieve large-scale implementation. 4. CAAM: Automobile production and sales will reach new highs in 2025, reaching 34.531 million and 34.4 million units respectively. 5. Three departments held a symposium with new energy vehicle companies: resolutely resisting disorderly "price wars" and severely punishing violating companies according to law and regulations. Artificial Intelligence: 1. Alibaba: A press conference for the Qianwen APP will be held at 10:00 AM on January 15th. 2. Musks xAI is under investigation in California for allegedly generating inappropriate images. 3. Microsofts investment in Anthropic AI is reportedly reaching $500 million. 4. ByteDance is developing a new generation of Doubao AI headphones, equipped with a camera module. 5. Controversy over AI chatbot generating inappropriate images; Musk responds: unaware. 6. Trump: Imposes 25% tariff on imported chips not used in US AI. White House: May expand chip import tariffs soon. 7. According to the Wall Street Journal: OpenAI will use Cerebras-designed chips to power ChatGPT; the deal is worth over $10 billion. Other: 1. Baidu is reportedly considering changing its primary listing location to Hong Kong. 2. DeepSeeks Liang Wenfengs Huanfang Quantitative Fund achieved a 56.6% return in 2025, with assets under management exceeding 70 billion yuan. 3. Sources: Software startup Temporal Technologies is in talks to raise new funding at a $5 billion valuation. 4. IDC: Global smartphone shipments will reach 1.26 billion units in 2025; Apple will remain number one for the third consecutive year, and Huawei will be number one domestically. 5. Trump: Imposes 25% tariff on imported chips not used in US AI. White House: May impose broader tariffs on semiconductor and related products soon. According to the Wall Street Journal, Blackstone Groups (BX.N) flagship real estate fund for individual investors achieved its strongest performance in three years in 2025, primarily driven by its investments in the data center sector. The Blackstone Real Estate Income Trust (BREIT) delivered a total return of 8.1% for the year, growing its assets to over $54 billion.On January 15th, local time, the U.S. House of Representatives passed a two-part spending bill on January 14th with 341 votes in favor and 79 against, providing funding for most departments of the federal government. This is reportedly the latest effort by both parties to avoid a government shutdown at the end of the month. The bill merges funding for the State Department and certain national security programs with funding for the Treasury Department, IRS, and other financial services programs, and has now been submitted to the Senate. The Senate is expected to consider the bill next week.

AUD/NZD strengthens above 1.0800 as focus shifts to RBA Lowe's speech and RBNZ policy

Daniel Rogers

Nov 22, 2022 14:59

截屏2022-11-22 上午10.03.22.png 

 

In the early Tokyo session, the AUD/NZD pair is displaying inventory accumulation between 1.0810 and 1.0830. Investors have shifted their focus to Reserve Bank of Australia (RBA) Governor Philip Lowe's speech, which has caused the asset to swing unpredictably. The primary impetus for the cross will be the Reserve Bank of New Zealand's (RBNZ) interest rate decision on Wednesday.

 

Investors await the RBA policymaker's speech in order to get an informed opinion. The speech will include interest rate suggestions to counteract the exceptional increase in inflationary pressures. Third-quarter inflation hit 7.3%, compelling the Australian central bank to lift its price growth projection to 8%. To preserve healthy economic prospects and achieve price stability, the RBA maintained its rate hike timetable at 25 basis points (bps).

 

On the kiwi front, the Reserve Bank of New Zealand's (RBNZ) monetary policy statement will deepen policy divergence between the RBNZ and the RBA. Governor Adrian Orr of the Reserve Bank of New Zealand (RBNZ) has already announced five consecutive rate hikes of 50 basis points (bps) to a current level of 3.5 percent and has no plans to pause rate hikes despite rising inflationary pressures.

 

The Official Cash Rate (OCR) will climb by 75 basis points (bps) this time, according to a Reuters survey of the RBNZ's rate hike estimates. A comparable scenario would cause the OCR to increase to 4.25 percent and depart significantly from the RBA's policy structure.

 

The decision may boost the New Zealand Dollar in the future, but reduces the Reserve Bank of New Zealand's room for future rate increases. In addition, additional economic dynamics requirements will be shifted into the future.

Suggestion