• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On April 28, the reporter learned that the China Securities Association is soliciting opinions from the industry on the "Guidelines for the Management of Investment Behavior of Directors, Supervisors, Senior Managers and Securities Practitioners of Securities Companies (Trial) (Draft for Comments)". The comments require that securities companies fully cover personnel management and behavior management, strengthen the management of key position personnel, and require securities companies to optimize resource allocation and strengthen the investment behavior management of key position personnel. By taking measures such as increasing the frequency of declarations, strengthening transaction behavior monitoring, including in the key verification list, and increasing the frequency of inspections, the pertinence and effectiveness of investment behavior management will be improved. It is reported that this move is mainly to prevent practitioners from illegal investment behaviors such as illegal stock trading, insider trading, trading using undisclosed information, market manipulation, conflicts of interest and interest transfer, protect the legitimate rights and interests of investors, and maintain the order of the securities market.According to Hong Kong Stock Exchange documents: SERES Group Co., Ltd. submitted an IPO application to the Hong Kong Stock Exchange.April 28th news: On April 28th local time, Russian President’s Press Secretary Peskov said that there is currently no new call arrangement between Russian President Putin and US President Trump, but emphasized that "if necessary, they can quickly coordinate and organize dialogue."Tesla (TSLA.O) rose 2.4% in premarket trading after closing up 9.8% in the previous session.Russian President Vladimir Putin issued a written statement on the 28th, thanking the North Korean soldiers for assisting the Russian army in retaking Russias Kursk Oblast.

The AUD/NZD exchange rate has dropped below 1.0300 on hawkish RBNZ bets

Alina Haynes

Aug 12, 2022 12:09

 截屏2022-08-12 上午9.50.19.png

 

The AUD/NZD exchange rate dropped from 1.0500 to 1.0400, and has since been trading sideways. For the asset to record a new weekly bottom, the kiwi bulls would have to push the cross below the immediate support of 1.0300. Bullish expectations for the New Zealand dollar were supported by the publication of a strong Business New Zealand PMI.

 

Greater than both the predicted 52.5 and the prior figure of 50, the Business NZ PMI has now reached 52.7. Because of this, the Reserve Bank of New Zealand (RBNZ) will be pleased with its efforts to reduce inflation. The RBNZ's monetary policy meeting next week will result in an interest rate announcement. The Official Cash Rate (OCR) is expected to be increased by Governor Adrian Orr for the fourth time in a row, by 50 basis points (bps). The OCR will go up to 3% after a comparable notification is made.

 

An OCR hike by the RBNZ to 4.00% by mid-2023 is predicted by a Reuters poll. It is forecasted that inflation will drop to levels below the 2%-3% target during the first half of 2023. At last, the RBNZ's goal of price stability appears to be within reach.

 

There was little relief for the Aussie bulls despite statistics showing that Australian consumers expect inflation to be lower than it actually is. The Reserve Bank of Australia will become less hawkish if the Australian Consumer Inflation Predictions, which reflect consumer predictions of future inflation over the next 12 months, fall.