On January 24th, the Bank of Japan raised interest rates to 0.5% on Friday, in line with market consensus expectations, reflecting the bank's growing optimism that wages will continue to rise and inflation will continue to stay near its 2% target. The BoJ's rate hike is the third in less than a year and takes the policy rate to its highest level since 2008. The committee voted 8:1 to raise interest rates. Commissioner Toshiaki Nakamura opposed the decision to raise interest rates. Reports earlie...
BlackRock CEO Fink said that bitcoin can overcome concerns about the instability of the local currency. The possibility of continued high inflation remains.
Federal Reserve Goolsby: Still shouldn't focus too much on individual jobs reports.
International oil prices jumped more than 3 per cent today as traders focused on potential supply disruptions and expectations of increased demand due to lower temperatures. Futures in the US and Burkina Faso are on track for weekly gains of 2.7 per cent and 3.2 per cent respectively, supported by the prospect of tougher US sanctions on Russia and Iran and a drop in Russian seaborne exports. "The US is expected to announce more sanctions against Russia in the coming days, which will exacerbate t...
Bank of America predicted that the Trump administration's aggressive tariffs could force the Fed into wait-and-see mode because of concerns about inflation. Aditya Bhave, the bank's US economist, said in a note to clients on Wednesday that "there are increasing signs of an upward trend in inflation" and that, given the timing of the change of administration, the Fed may have completed its last rate cut of the cycle. "What...
Gold Ten Futures Special Everbright Futures Comments: As of the early close, the rapeseed meal 2505 contract occupied the top of the decline list, falling below the integer mark of 2300 yuan/ton. On the supply side, the supply pressure of rapeseed in the international market is not large, but due to the good profit of import crushing, the import of domestic rapeseed to Hong Kong has increased, and the inventory of rapeseed is also higher than in previous years. According to the US Department of ...
Due to concerns about the viability of the ceasefire agreement between Israel and Hezbollah and market expectations for the extension of OPEC + production cuts, international oil prices rose by more than $2 per barrel on a daily basis, with the United States and Burkina Faso now trading at $69.96 per barrel and $73.71 per barrel, respectively.
On November 10, the government of the People's Republic of China announced the baseline of the territorial sea of Huangyan Island of the People's Republic of China in accordance with the Law of the People's Republic of China on the Territorial Sea and the Contiguous Zone of February 25, 1992.
Federal Reserve Chairperson Jerome Powell said he was concerned about the rise in U.S. Treasury yields, which are far from their previous levels. It is too early to determine the specific direction of the country's yields. He also said that bond interest rates reflect economic growth expectations; volatility in the bond market does not appear to be mainly influenced by rising expected inflation. Powell said that since the September meeting, the main economic activity data has been stronger; some...
Multiple positive! Gold bulls are on a tear, what positions are you focusing on today? US dollar test support, can gold bulls continue? Click to view detailed analysis > > >
U.S. Treasury Secretary Janet Yellen reiterated her concerns about stablecoins.
According to the article, exchange rate fluctuations affect market nerves, are related to internal and external balance, and have a high degree of attention. In the medium and long term, the RMB exchange rate remains basically stable and has a solid foundation. Macroscopically, the exchange rate is fundamentally determined by economic fundamentals. Recently, the financial management department has issued a series of policy combinations to accurately and effectively support the real economy, whic...
What concerns should the draft law on private economic promotion address?
Gold Ten Futures September 25th news, steel prices fell sharply in the third quarter, the main factors of the decline is the loose supply, the old national standard stampede out of the warehouse and the export trade volume is low. At the beginning of the third quarter, steel mills produced high molten iron, has shown a trend of loose supply. Superimposed in August to switch the new standard, the market for the circulation of the old national standard rebar is worried, in the risk-averse mentalit...
On the supply side, the price difference between standard fertilizers has tightened. The second breed is more active in slaughter, and the willingness to make up for slaughter is not strong. In the medium and long term, with the slaughter of farmers in the fourth quarter, the price of live pigs will have a trend of correction, but the range is relatively limited, and the supply is still relatively loose. On the demand side, with the arrival of the National Day, consumer demand is expected to imp...