EUR/USD 1.16216
0.197%
Gold 4660.75
1.722%
Oil 59.356
0.164%
USD/JPY 157.817
-0.161%
GBP/USD 1.33902
0.079%
GBP/JPY 211.325
-0.083%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
January 19th - According to data from the National Bureau of Statistics, the average urban surveyed unemployment rate nationwide for the year was 5.2%. In December, the national urban surveyed unemployment rate was 5.1%. The surveyed unemployment rate for local registered laborers was 5.3%; the surveyed unemployment rate for migrant workers was 4.7%, of which the surveyed unemployment rate for migrant agricultural workers was 4.4%. The urban surveyed unemployment rate in 31 major cities was 5.1%. The average weekly working hours for employees in enterprises nationwide was 48.6 hours. The total number of migrant workers for the year was 301.15 million, an increase of 1.42 million, or 0.5%, compared to the previous year. Among them, local migrant workers numbered 121.09 million, an increase of 0.1%; and migrant workers who left their hometowns to work outside their hometowns numbered 180.06 million, an increase of 0.8%.January 19th - According to data from the National Bureau of Statistics, by region, investment in the eastern region decreased by 8.4% year-on-year, investment in the central region decreased by 2.7%, investment in the western region decreased by 1.3%, and investment in the northeastern region decreased by 15.5%. By registration type, fixed asset investment by domestic enterprises decreased by 3.8% year-on-year, fixed asset investment by Hong Kong, Macao and Taiwan enterprises decreased by 2.2%, and fixed asset investment by foreign-invested enterprises decreased by 13.8%.January 19th - According to data from the National Bureau of Statistics, by industry, investment in the primary sector reached 957 billion yuan, a 2.3% increase year-on-year; investment in the secondary sector reached 17,736.8 billion yuan, a 2.5% increase; and investment in the tertiary sector reached 29,824.8 billion yuan, a 7.4% decrease. Within the secondary sector, industrial investment increased by 2.6% year-on-year. Specifically, investment in mining increased by 2.5%, manufacturing by 0.6%, and investment in the production and supply of electricity, heat, gas, and water increased by 9.1%. Within the tertiary sector, infrastructure investment (excluding the production and supply of electricity, heat, gas, and water) decreased by 2.2% year-on-year. Specifically, investment in pipeline transportation increased by 36.0%, multimodal transport and freight forwarding by 22.9%, and water transport by 7.7%.January 19th - According to data from the National Bureau of Statistics, in 2025, Chinas online retail sales reached 15,972.2 billion yuan, an increase of 8.6% over the previous year. Among them, online retail sales of physical goods reached 13,092.3 billion yuan, an increase of 5.2%, accounting for 26.1% of total retail sales of consumer goods. Within online retail sales of physical goods, food, clothing, and daily necessities increased by 14.5%, 1.9%, and 4.1%, respectively.Chinas industrial output rose 0.49% month-on-month in December, compared with 0.44% in the previous month.

AUDJPY tends to trade towards 94.00 prior to the publication of RBA policy minutes

Daniel Rogers

Nov 11, 2022 17:53

 截屏2022-11-11 下午1.33.44.png

 

After breaking the immediate barrier of 93.50 during the Tokyo trading session, the AUDJPY pair has maintained its upward movement. As volatility has dropped in parallel with the S&P 500's amazing return, the risk barometer is approaching the round-level threshold of 94.00. In addition, rates on U.S. Treasury securities have collapsed following a significant decrease in inflation figures.

 

After sustaining a negative trend over the previous two trading days, there was fresh interest in the cross near 93.00. Investors are focusing on the monetary policy meeting minutes of the Reserve Bank of Australia (RBA).

 

The RBA minutes will provide a comprehensive explanation for the announcement of a 25 basis point (bps) hike in interest rates, despite an extraordinary rise in inflationary pressures. Australia's third-quarter inflation rate jumped to 7.3%, exceeding predictions of 7.0% and the prior announcement of 6.1%.

 

RBA Governor Philip Lowe was anticipated to boost the Official Cash Rate by 50 basis points (OCR). By proposing moderate rate rises, the RBA seems to intend to capitalize on its frequent monetary policy meetings.

 

Masato Kanda, Japan's top currency diplomat, emphasized that officials regularly monitor foreign exchange market fluctuations with a sense of urgency and will respond fast if necessary. According to Reuters, authorities remain willing to take action.

 

Tuesday's release of the Gross Domestic Product (GDP) data is anticipated by investors as a major economic indicator. On a quarterly basis, it is projected that the economic statistics will be 0.3% lower than the previous report of 0.9%, while the annualized figure may decline from 3.5% to 1.1%.


Suggestion