EUR/USD
1.18701
0.417%
Gold
5088.14
2.141%
Oil
60.955
-0.170%
USD/JPY
153.952
-1.194%
GBP/USD
1.36746
0.282%
GBP/JPY
210.526
-0.917%
Real-time News
On January 26th, Moodys Analytics stated in a report that Australian consumer price data to be released on Wednesday is expected to show that the year-on-year overall inflation rate in December may have slowed to around 3% from 3.4% in November. The report stated that this was mainly driven by a favorable base effect in electricity prices and the normalization of holiday travel prices. However, the report added that food inflation and sticky price pressures generally present in the services sector are likely to keep core inflation around 3% to 3.2%, thus preventing a more significant decline.On January 26th, Vishnu Varatan, Head of Macro Research for Asia (excluding Japan) at Mizuho Securities, stated in an email that Japans latest currency intervention measures may be more effective because the threat of real-time intervention is curbing unchecked one-way bearish bets on the yen. He noted that the Japanese Ministry of Finance has escalated its yen warning and adopted a more aggressive stance, particularly maintaining the "real-time" nature of its intervention intentions. Varatan added that comments from US Treasury Secretary Bessenter also amplified the threat of coordinated intervention. He further stated that Prime Minister Sanae Takaichis explicit warning that "(the authorities) will take all necessary measures to address speculative and highly abnormal volatility" is sending a warning signal to the yen and Japanese government bond markets.Nomura Securities raised its target price for Alibaba (BABA.N) from $193.00 to $237.00.Japanese Chief Cabinet Secretary Minoru Kihara: We are aware that there are indeed fluctuations in domestic and international financial markets.Japanese Chief Cabinet Secretary Minoru Kihara declined to comment when asked about reports regarding currency inquiries.
