EUR/USD
1.14814
0.057%
Gold
4392.50
1.172%
Oil
95.623
-0.925%
USD/JPY
157.087
0.717%
GBP/USD
1.33704
0.096%
GBP/JPY
210.040
0.817%
Real-time News
Japanese Economy, Trade and Industry Minister Minoru Jonouchi: I will not comment on market fluctuations.On September 18, the State Council Information Office held a press conference to introduce the relevant information about the 140th China Import and Export Fair (Canton Fair). Zhang Li, Assistant Minister of Commerce, announced at the conference that the 140th Canton Fair will be held in Guangzhou in three phases from October 15 to November 4.Bank of Japan Governor Kazuo Ueda will hold a monetary policy press conference in ten minutes.Japanese Minister of Economy, Trade and Industry, Minoru Shirou: The specific details of monetary policy decisions will be made by the Bank of Japan.British retail sales unexpectedly rose in August, with warmer weather and a more optimistic national sentiment encouraging spending, despite rising energy bills. The Office for National Statistics reported that total sales of goods online and in physical stores increased by 0.5%, compared to a 0.5% decline in July. The growth was mainly driven by sales of clothing, food, and department store goods. This helped offset the decline in fuel sales, as higher oil prices prompted Britons to drive less. These figures are positive for Prime Minister Burnham, who pledged to improve the standard of living in “every postcode” when he took office in July. So far, British consumers have continued to spend despite the Iranian energy shock, thanks to sunny weather, a healthy savings buffer, and government cost-of-living announcements. However, this period of optimism is nearing its end. Bank of England officials voted on Thursday to keep interest rates unchanged at 3.75%, but hinted that rates could rise if the Middle East conflict continues. Employers are laying off workers, and a 25% rise in energy prices in January is expected, potentially pushing inflation above 4%.
