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Kyiv Mayor Viktor Klitschko: Russia attacked Kyiv, Ukraine with ballistic missiles.On September 8th, the Securities Transaction Commission Management Research Group of the Investor Service and Protection Professional Committee of the Securities Association of China conducted an industry survey on "Investors Securities Transaction Commission Situation." This survey aims to understand the overall situation and typical cases of customer complaints arising from commission-related issues under the current securities transaction commission policy, the transparency of commission rates to customers, pricing practices under the current commission policy, the application of net commissions, and industry opinions and suggestions on the current commission management model. The survey also sought industry opinions on whether the minimum commission fee of 5 yuan per transaction stipulated in the current "Notice on Adjusting the Standards for Collecting Securities Transaction Commissions" should be revised.Canadian aerospace company Bombardier: The U.S. aerospace industry benefits from trade and exports. Bombardier is a significant contributor to the industry, creating tens of thousands of jobs across the United States. The aerospace industry has consistently been one of the most important export sectors for the U.S. and has consistently generated a trade surplus for the country.Futures News, September 8th: Oil prices continued to run at high levels, with solid cost support for domestic fuel oil. Refineries saw good sales and low inventory levels in the previous period, coupled with the upcoming release of holiday stockpiling demand. With multiple positive factors dominating, refineries maintained a steady pace of price increases, and it is expected that domestic fuel oil negotiations will continue to rise steadily today.Officials in Kyiv, Ukraine, said the Russian airstrikes damaged two residential buildings.

AUD/JPY Exceeds 90.30 As RBA Considers Option To Raise Rates Prior To Pause

Daniel Rogers

Apr 18, 2023 14:02

AUD:JPY.png 

 

Following the release of the minutes from the Reserve Bank of Australia (RBA), the AUD/JPY pair surged above the 90.30-point critical resistance level. According to the RBA minutes, policymakers actively considered the decision to raise rates further. However, the decision to maintain the status quo was made after the collection of additional data.

 

Citing the resilience of Australia's financial system, RBA policymakers believed that the Board's future cash rate decisions would depend on the global economy, household spending trends, inflation projections, and employment forecasts.

 

Continue to monitor China's Gross Domestic Product (GDP) statistics. Compared to its stagnant performance in the final quarter of CY2022, the Chinese economy is estimated to have grown by 2.2%. Compared to the previous annual growth rate of 2.9%, the current annual growth rate for the economy is 4.0%. Australia is China's greatest trading partner, and stronger Chinese GDP data would strengthen the Australian Dollar.

 

The announcement of the People's Bank of China (PBOC) interest rate decision later this week will be crucial. Last week, the People's Bank of China pledged to provide additional monetary support to spur retail demand. Despite the reopening of China's economy following a period of economic restraint, the country's inflation rate has been consistently declining over the past few months.

 

According to Jiji news and Reuters, the Bank of Japan is reportedly considering a projection for consumer price growth between 1.6% and 1.9% for the 2025 fiscal year, a move seen as preventing market participants from betting on the central bank's departure from stimulus. This has also delayed the possibility of a shift away from an expansionary monetary policy, which cannot be considered until the Japanese inflation rate persists above 2%.


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