EUR/USD
1.17758
-0.084%
Gold
3645.53
0.031%
Oil
63.146
-0.226%
USD/JPY
148.009
0.015%
GBP/USD
1.35327
-0.148%
GBP/JPY
200.301
-0.123%
Real-time News
Dovish 1. Bank of Japan member Asahi Noguchi: Given the uncertain economic outlook, the Bank of Japan should refrain from adjusting interest rates and should closely monitor economic developments. 2. Bank of Japan Deputy Governor Shinichi Uchida: We must pay attention to downside risks facing Japans economy and prices, and the Bank of Japan must currently support the economy through accommodative monetary policy. Neutral 1. Bank of Japan member Kazuyuki Masuda: We do not strongly disagree with the view that Japans overall inflation has not yet reached 2%; considering various economic risks, the Bank of Japan should not rush to raise interest rates. 2. Bank of Japan member Junko Koeda: Given the current high level of uncertainty, it is not appropriate to discuss the specific timing of the next rate hike. We need to closely monitor the economy, inflation, and financial markets before making a decision. 3. Bank of Japan Governor Kazuo Ueda: If the economy and prices develop as expected, we will not change our stance on raising interest rates. We will carefully examine whether the economy and prices meet our forecasts without preconceived views. 4. Bank of Japan member Junko Nakagawa: If the outlook for economic activity and prices is realized, the Bank of Japan will continue to raise the policy rate. We will make appropriate monetary policy decisions through continuous and prudent data assessment. 5. Bank of Japan Deputy Governor Yoshizo Himino: If the economy and prices perform as expected, the Bank of Japan is expected to gradually raise interest rates. As for the timing of rate hikes, we can only say that we hope to ensure that they are not raised too early or too late. Hawkish 1. Bank of Japan board member Hajime Takada: The Bank of Japan has only paused its rate hike cycle for now and should continue to adjust and shift after a period of observation. The Bank of Japan needs to return to a rate hike cycle in a flexible manner. 2. Bank of Japan board member Naoki Tamura: We are likely to achieve our inflation target earlier than expected. Even if uncertainty about US tariffs persists, the Bank of Japan may still need to raise interest rates decisively to address inflation risks.Gold prices fell for a third consecutive day on September 19th as traders grew more cautious about the prospect of Federal Reserve rate cuts and a stronger dollar curbed the precious metals recent gains. Gold prices are now about $70 below Wednesdays all-time high, which was driven to a record high by the Feds 25 basis point rate cut. Gold prices subsequently retreated after Fed Chairman Powells comments on the path of monetary policy were more hawkish than expected, stating that officials would take a "meeting-by-meeting" approach to further easing. Looking ahead, attacks on the Feds independence from the US government could further fuel golds gains. Governor Lisa Cook is embroiled in a legal dispute with President Trump, who sought to fire her over mortgage fraud allegations. Government economic advisor Stephen Milan, who was quickly appointed to fill a temporary vacancy at the Fed, was the only member of the board who dissented from the 25 basis point rate cut at Wednesdays meeting, favoring a 50 basis point cut instead.On September 19th, as market expectations for a Bank of Japan (BoJ) interest rate hike grew, prices for two-year government bonds, sensitive to monetary policy expectations, fell, pushing the yield up 0.5 basis points to 0.885%, the highest level since 2008. The BoJ will announce its interest rate decision later today, with the market generally expecting it to remain unchanged. Investors are closely watching for any clues regarding a September or December rate hike. Uncertainty over tariff policy and the political risks posed by Prime Minister Shigeru Ishibas announced resignation plan complicate the BoJs decision-making environment. However, according to sources familiar with the matter, BoJ officials believe that despite political uncertainty, another benchmark rate hike is still possible this year given that economic development is in line with expectations. According to an institutional survey, most BoJ observers expect a rate hike before January, while the proportion favoring a hike next month has slightly decreased following Ishibas resignation. Overnight index swaps indicate that the market is pricing in a roughly 65% probability of a BoJ rate hike before the end of the year.The yield on 40-year Japanese government bonds fell 1.5 basis points to 3.420%.On September 19th, Jinfang Pharmaceutical-B (2595.HK) officially listed on the Main Board of the Hong Kong Stock Exchange. The stock opened sharply higher in early trading at HK$44, a 115.79% surge from its IPO price of HK$20.4. Based on a 200-share board lot, excluding commissions, the book profit per board lot reached HK$4,722. This strong IPO performance was foreshadowed. In the previous trading days grey market, Jinfang Pharmaceutical-B closed up 110.10% at HK$42.84, with a book profit of HK$4,490 per board lot.
