Japan intervention last week estimated at over $33 bil
video Some estimates put the amount that Japan's government and its central bank spent last week in currency markets to prop up the yen at more than 5 trillion yen, or over 33.6 billion dollars. On October 21, the Japanese currency temporarily surged by more than 7 yen against the dollar, as the government and the Bank of Japan made an unannounced intervention in the New York foreign exchange market. According to data released by the BOJ on Monday, nearly 8 billion dollars are expected to be transferred from financial institutions to the government via the central bank on Tuesday. A financial intermediary company ... (full story)
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tweet at 10:48pm: JAPAN PM KISHIDA: WANT GOTO TO WORK ON STIMULUS PACKAGE INCLUDING INFLATION COUNTERMEASURES, EXTRA BUDGET DISCUSSION, MACROECONOMIC POLICIES AMID RISING UNCERTAINTIES #News #Forex #JAPAN #ECONOMIC #INFLATION tweet at 10:49pm: JAPAN'S PM KISHIDA: BY THE END OF THE MONTH, AN ECONOMIC PACKAGE WILL BE DRAFTED.
We now expect the Official Cash Rate to reach a peak of 5% for this cycle (previously 4.5%). With the cash rate currently at 3.5%, that implies the RBNZ is still some way from ...
International Energy Agency (IEA) head ( Executive Director) Dr Fatih Birol. • Says the world is in the middle of the first truly global energy crisis. • The decision from OPEC+ to cut output by 2mn bbl/day is a risky one, especially as several economies are on the brink of recession. • Global LNG markets will tighten further in the next year as Europe's imports will increase and demand from China may rebound. tweet at 10:18pm: IEA'S BIROL: SEES HUGE MOMENTUM AROUND THE WORLD FOR HYDROGEN #News #Forex tweet at 10:18pm: IEA'S BIROL: NUCLEAR POWER MAKING A CLEAR AND STRONG COMEBACK
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Thank you for that introduction. I’d like to begin by thanking Ken and SIFMA for inviting me to your Annual Meeting. I’m delighted to be here with all of you. Just over a week ...
October's flash PMI data indicated that the Australian economy returned to contraction following eight straight months of growth. On the other hand, Japan's expansion accelerated ...
video CNBC’s Jim Cramer on Monday said that the spiking U.S. dollar could peak soon. “The strong dollar has become an albatross around the neck of an already beaten-down market, ...