EUR/USD 1.18539
-0.168%
Gold 4991.15
-0.822%
Oil 63.565
1.550%
USD/JPY 153.469
0.469%
GBP/USD 1.36306
-0.184%
GBP/JPY 209.193
0.286%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
US President Trump: The federal government will assist in handling the Potomac River wastewater spill.Swiss Foreign Ministry: Geneva talks on Ukraine will be held behind closed doors.According to the Ukrainian National News Agency, Russian forces used ballistic missiles to attack the central Ukrainian city of Krivirikh, damaging local transportation infrastructure.Apple (AAPL.O) is revamping the video functionality of its podcasts as part of an industry-wide shift from purely audio-based media to visual formats. A statement released Monday revealed that in the iOS 26.4 developer beta, Apple is making it easier for viewers to switch between video podcasts and audio listening. While Apple Podcasts has long supported video programming via RSS feeds, its effectiveness has lagged far behind platforms like Spotify, YouTube, and Netflix. Apple is partnering with hosting platforms such as Amazons Art19, SiriusXMs Simplecast, and AdsWizz to ensure podcast creators can sync their video programming to the app. Starting this spring, video podcasts will be supported on Vision Pro, iPad, iPhone, and the web version of Apple Podcasts. Later this year, Apple will also charge ad networks for video ads based on ad impressions.February 17th - New Zealands newly appointed Reserve Bank of New Zealand Governor Anna Brehman will hold her first policy meeting this week, and is expected to keep interest rates unchanged. Amid persistent inflationary pressures, the market is focused on her assessment of the economic outlook. A survey of 22 economists indicates that Wednesdays meeting will maintain the official cash rate at 2.25%. Brehman joined the Reserve Bank of New Zealand from the Swedish central bank in early December last year. In the last three months of last year, the countrys economy expanded rapidly, and inflation unexpectedly exceeded the upper limit of the 1-3% target range, prompting economists to widely predict a rate hike before the end of the year. The money market currently bets a 70% probability of a 25 basis point rate hike in September and has fully priced in a tightening of policy in December.

As Japan plans a Cabinet reshuffle, GBP/JPY is aiming for a two-week high near 169.00

Alina Haynes

Nov 22, 2022 15:03

 截屏2022-11-22 上午10.04.12.png

 

During the Tokyo trading session, the GBP/JPY pair has extended its recovery and is seeking to cross the 168.00 threshold. As market sentiment improves, the cross approaches a two-week high close to 169.00. Despite projections of a slower pace of rate hikes by the Bank of England, the British pound is expected to continue its upward trajectory (BOE).

 

The public is still arguing if the Autumn Statement has restored confidence and capability in the UK's economic prospects or has worsened the forecasted picture.

 

Shell, a provider of renewable energy and energy solutions, is reconsidering its expansion plans in the British energy market after the incoming UK government announced windfall taxes. Prime Minister Rishi Sunak and Chancellor Jeremy Hunt increased the tax rate from 25% to 35% in the long-awaited "memorial service for Trussonomics."

 

The expanded tax mentioned in the Chancellor's Autumn Statement is leading Shell to reconsider a number of ongoing projects, including North Sea investments and renewable energy programs, according to David Bunch, chairman of Shell UK.

 

UOB economists maintain their prediction of a 50 basis point (bps) change in the United Kingdom's interest rate at its monetary policy meeting in December. They feel the BOE still has work to do, given that Hunt has decided to delay the majority of the severe repercussions of fiscal consolidation, which means fiscal policy will do little to combat inflation."

 

Prime Minister Fumio Kishida of Japan told Mainichi that investors in Tokyo are becoming anxious because the Japanese government expects to reshuffle its Cabinet before the end of the year. This may result in a period of Japanese yen volatility. On the economic front, Thursday's release of the PMI results is anticipated by investors. The Jibun Bank Manufacturing PMI is considered stable at 50.7. While Services PMI is expected to decline significantly to 53.1%, Manufacturing PMI is expected to climb marginally to 54.2%.

Suggestion