[ad_1] Japan’s Finance Ministry’s Vice Finance Minister for International Affairs Kanda spoke in the Tokyo morning. Kanda is the MoF official who will instruct the BOJ to intervene, when he judges it necessary, and is often referred to as Japan’s ‘top currency diplomat’. Kanda made some blunt comments to support the yen, the strongest warning
[ad_1] NordFX Brokerage has summarized the trading performance of its clients for August 2023. The company has also evaluated its social trading services, CopyTrading and PAMM, as well as the profits earned by its IB partners. – In August, a client from Western Asia, with account number 1692XXX, ascended to the top “golden” tier of
[ad_1] China’s Country Garden has paid coupons of USD22.5mn – avoids default European Central Bank President Lagarde speaking again today, Schnabel, de Guindos also China’s Country Garden seeking to extend payments of another 7 onshore bonds by 3 years AUD, NZD, CNH all down: China PMI disappoints, worries re Country Garden potential default Chinese developer
[ad_1] Markets: WTI crude up 43-cents to $85.98 GBP leads, USD lags US/Canada bonds and equities closed There wasn’t much to report in terms of price action in North American trading. The holidays in the US and Canada kept a lid on the market and there wasn’t any news to jar markets. The overall tone
[ad_1] Share: GBP/JPY stays defensive after two-day losing streak, bounces off one-week low. UK FinMin Hunt expects slower inflation despite September’s blip, challenging BoE rate hikes. Japan Monetary Base expands in August, suggesting need for hawkish BoJ. BoE Monetary Policy Report Hearings, Japan Q2 2023 GDP will be important for fresh impulse. GBP/JPY
[ad_1] US equities are set for another gain today with S&P 500 futures up 0.6%. They rallied after US unemployment rose to 3.8% from 3.5%. The caveat for corporation is that rising unemployment came on a surge of people entering the labor force, which increases labor availability and dims wage pressure. The economy also added