EUR/USD 1.16461
0.184%
Gold 4211.32
0.133%
Oil 58.546
0.183%
USD/JPY 155.554
-0.199%
GBP/USD 1.32412
0.220%
GBP/JPY 205.972
0.035%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
December 3rd - According to Shenzhen Beike Research Institute, from January to November 2025, the transaction volume of new and second-hand homes in Shenzhen reached 111,519 units, an increase of 12% compared with the same period last year, setting a new high for the same period in the past five years.Airbus: The company now targets approximately 790 commercial aircraft deliveries by 2025.December 3rd - Data shows that the UK and Japan are responding to investor demand by increasing short-term borrowing. This strategic shift reduces government interest payments but also exposes them to potential high-cost interest rate volatility when rolling over debt. This year, the UK drastically reduced its sales of long-term bonds to a record low and is now considering expanding its ultra-short-term note market. In Japan, the government is heeding calls to increase short-term debt issuance after a sell-off in long-term bonds. "The risk is that if interest rates rise, your interest payments could suddenly increase dramatically," said Evelyne, a strategist at Mizuho Securities. These increases also reflect inflationary pressures and weakening demand for long-term debt from traditional buyers. For decades, UK income-generating pension funds have purchased long-term bonds to match their liabilities, allowing the UK to extend the average maturity of its bond issuances far beyond its peers. Now, many of these programs are fading.The yield on Japans 30-year government bonds rose 5 basis points to 3.425%, a record high.The yield on Japans 40-year government bonds rose 5 basis points to 3.735%.

Despite the dovish BOJ minutes, the AUD/JPY encounters obstacles at 95

Daniel Rogers

Jul 26, 2022 11:56

 截屏2022-07-26 上午9.53.51.png

 

The early hours of the Tokyo session saw the AUD/JPY pair present a downward breach of the minute consolidation formed in a range of 94.97-95.18. As a result, the pair is now falling. The asset has generally held up well, and this little decline can be attributed to market participants "taking gains." Since the Bank of Japan (BOJ(released) )'s dovish minutes from its monetary policy meeting in June, the risk barometer has decreased.

 

The BOJ Governor Haruhiko Kuroda kept the same interest rate policy last week, so investors should be mindful of this. In order to keep an inflation rate above the desired threshold, the BOJ kept its ultra-loose monetary policy in place. Its unwillingness to raise pay rates is becoming a significant barrier, though, and inflation rates higher than 2% are rarely justified by rising energy and food prices. In addition, the BOJ announced that it will continue to buy an unlimited number of bonds in order to maintain its bond yield cap.

 

Investors are eagerly awaiting the release of Australian Bureau of Statistics' inflation statistics on Wednesday in the aussie market. The predicted increase in the overall Consumer Price Index (CPI) for the second quarter of CY2022 is 6.2 percent, up from the previously estimated 5.1 percent. The Reserve Bank of Australia (RBA) will be forced by this to increase interest rates even further in its monetary policy for August. Following a 50 basis point (bps) hike in July, Governor Philip Lowe of the RBA has already increased the Official Cash Rate (OCR) to 1.35 percent.


Suggestion