Last we checked. Markets are coming online at lake jakarta in the last hour. Taiwan, down one and a half percent. 19,000 on the hang seng index. It jakarta coming online as well and there is a lot to get through, everything from china, weakness across asia fx, 30 year bond option looking ahead to. The inflation print of the United States. What are you watching . Yvonne you talked about u. S. Inflation. It is interesting to see yields are lower on the back of yield options. Many were thinking this would be a selling week. It goes to show there is demand and it is looking solid overall. What fixed downgrade . It seems investors are overlooking that so even if we see in inflation overshooting if it is marginal maybe it wont change anything in terms of the bond rally. China is another discussion. Inflation, what does it mean for the world economy. Theyre going to be front and center to really engage where the consumer is. Rishaad growth in commerce revenue and we had four consecutive decli
Generation keim. He resigned as parliamentary vice minister for Foreign Affairs after the raid. Prime minister Kishida Fumio says its regrettable that the situation has aroused the publics suspicion. He declined to discuss it further due to the ongoing investigation. But he says the government will continue to promote Renewable Energy policies. Japan Wind Development denies bribery. The company failed to join offshore wind Power Generation projects. The government held biddings for them between 2020 and 2021. Akimoto brought up the bidding process during a diet session in february of last year. He asked for evaluation standards to be reviewed. The government later changed them. Akimoto was involved in drafting a bill several years ago on promoting offshore wind Power Generation. He did not respond to questions from reporters when he returned to japan from an overseas trip on thursday evening. Two u. S. Navy sailors have been arrested and indicted on charges of leaking sensitive militar
Pricing in less than a 50 chance of a cut and fewer cuts for the year as well. Looking at where we are for the asia thing index, extending gains to about. 5 . Xaomi jumping on early signs of success for its ev. It received 90,000 orders within the first 24 hours. In china, no momentum after it rose the most in about a month on monday. Two sets of data suggesting his recovery. Currently, the csi index down. 2 . Speaking of china, it is about the yuan. Versus the usd, weakening ever so slowly, which we are keeping a watch on. We had weakness persisting despite yet another strong fixed by the pboc and speaking of currencies, the yen on watch as well weakening towards 152 versus the usd. The finance minister tried talking about, but nothing we have not heard before. Speaking of japan, japanese officials were ramping up warnings against speculative moves in the yen. Lets discuss prospects for intervention with our guest this hour who is synonymous with imaging and Frontier Markets investing
(Bloomberg) Rakuten Bank Ltd. expects the Bank of Japan to hike rates again later this year after scrapping its negative interest rate policy in March, in a move that will likely boost profits for the Japanese online financial firm.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceHomebuyers Are Starting to Revolt Over Steep Prices Across USMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyNvidia Unveils Next-Generation Rubin AI Platform
Rakuten Group, Inc. (OTCMKTS:RKUNF – Get Free Report) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 13,935,300 shares, a drop of 22.5% from the April 30th total of 17,978,100 shares. Based on an average daily volume of 9,200 shares, the short-interest ratio […]