Live Breaking News & Updates on Monetary Policy Statement|Page 1
Stay updated with breaking news from Monetary policy statement. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Several u. S. States report record numbers of cases. States reconsider plans to open. To data inadds australia. Shery lets get started with how u. S. Futures are kicking off trading. We are seeing them down. 1 after u. S. Stocks ended in positive territory but off session highs. We have speculation congress will seek additional stimulus. We also have some positive manufacturing data, although not in expansion territory as of yet. The s p 500 finished at the highest level in almost two weeks. Consumer discretionary and tech lead the gains, and the nasdaq composite again finishing at an alltime high. Eight sessions of gains boosted by apple and amazon as well. The dollar declined among most g10 are his. We did get that positive economic data. Improvements not only in the u. S. But also the euro area. Take a look at what oil is doing at the moment. We are seeing wti falling toward 40 a barrel, under pressure right now, really falling from that threemonth high ahead of a release of a key u ....
For the Second Quarter. We can provide hints on whether the bank ofjapan will continue to remain an outlier and keep Interest Rates ultra low. Earlier, High Speed Two fidelity international s Catherine Yeung who said china is facing a confidence problem. It is lack of confidence within the consumption and corporate sector. In fact last friday we had julys money supply and aggregate Financial Data released and it was marginally weaker than expected, so tomorrow in fact we have this operations, and while the expectations are there will be no cuts on the benchmark generally speaking, you could see a slight increase of probability of ten basis points rent cuts, so again policy is going to outgrow chains, but it is ....
Provide hints of whether the Bank Of Japan provide hints of whether the bank ofjapan will continue to remain an outlier and keep Interest Rates ultra low. Earlier, spoke to fidelity international s Catherine Yeung, who told me china is facing a confidence problem. Just this lack of confidence both within the Consumption Sector as well as the corporate sector. So if fact last friday we had julys M2 Money Supply and aggregate Financial Data released and it was marginally weaker than expected. So tomorrow, in fact, we have this element of operations all the expectations are for no cuts in the benchmark, generally speaking, we could see a slight increase ....
Worth noting, we had some equally data in the last 10 minutes or so and the numbers, monthonmonth, Industrial Production there falling 7. 5 . That was worse than what economists had been expecting. There could be the production hold, daihatsu over the course of january, suddenly being into those numbers, because we saw that fall in production. They could be perhaps a shorterterm lip. Yearonyear actually the reading was betterthanexpected. Retail sales as well out, those numbers better than what economists had surveyed or what had been forecasted both yearonyear and the monthonmonth readings good for a brighter but for the japanese yen, we continue to hold around the 150 mark. It has not budged for several days now. This is the state of play for japan. Lets roll over and look at how korea is coming online today. A bit of weakness again, but fairly muted. As well, the dynamic here is what we had in wall street overnight, more ....