BOJ loses Kuroda’s authority, easy opponent for bond vigilantes – Bloomberg
Whoever has been nominated as the next governor of the Bank of Japan is less of a market authority than incumbent Haruhiko Kuroda. That could make some investors more aggressive to push yields higher after the governor change, said John Bale, chief global market strategist at Nikko Asset Management. “None of them is probably as […]
U.S. Unemployment Claims Almost Flat Week-to-week, Near Historic Lows – Bloomberg
U.S. unemployment claims last week were little changed from the previous week. It remains near historic lows, highlighting the reluctance of companies to cut jobs in a tight labor market. Key Point Initial jobless claims for the week ending Dec. 17 increased by 2,000 from the previous week to 216,000 The median economist estimate is […]
OPEC Warns Members to ‘Warn’, Lowers March Demand Forecasts – Bloomberg
The Organization of the Petroleum Exporting Countries (OPEC) has cut its projections for the amount of crude oil production it will need in the coming months, urging members to “vigilance and caution”. In its latest monthly report, OPEC expects the oil market to balance supply and demand in the first quarter of 2023. a month […]
[U.S. Market]S&P 500 Slightly Lower, Selling Round with Employment Statistics – Dollar 134 Yen Level – Bloomberg
In the US stock market on the 2nd, the S & P 500 stock index continued to fall slightly. The volatility came amid growing speculation that the Fed will continue to tighten policy after strong US employment data. stock closing price Compared to the previous business day Rate of change S&P 500 Stock Index 4071.70 […]
U.S. Treasury Yields Soar, Strong Jobs Data Boosts Peak Rate Outlook – Bloomberg
US employment statistics for November exceeded market expectations for growth in both the number of non-agricultural employees and wages. After the announcement, the market’s expectations for next year’s peak interest rate jumped significantly, and US Treasury yields also rose. US Treasuries were sold, and the two-year bond yield temporarily rose 18 basis points (bp, 1bp […]
U.S. PCE Core Price Index Unexpected Month-to-Month Growth as Spending Accelerates – Bloomberg
The U.S. personal consumption expenditures (PCE) core price index fell short of market expectations in October, posting the second slowest growth of the year. Growth in personal consumption expenditure accelerated. The move raised hopes that the Fed could keep inflation under control without triggering a recession, even as it continues to raise interest rates. Key […]
Ukraine: U.S. Considers Designation of Russian Private Military Company Wagner as a Terrorist Organization – Bloomberg
The Biden administration is considering whether to designate the Russian private military company Wagner Group as a foreign terrorist organization. Two people familiar with the matter said. It is part of an effort to limit the company’s involvement in the war in Ukraine. Latvian Foreign Minister Rinkevich said Ukraine should be allowed to attack the […]
U.S.-listed Chinese Stocks Gain Biggest Monthly Momentum Since 2001 – Bloomberg
US-listed Chinese stocks rose on the US stock market on the 29th. If this trend continues, it will be the biggest monthly increase since the data started in 2001. Hopes were high that China could reverse its draconian coronavirus policies that had slowed its economy. The Nasdaq Golden Dragon China Index rose 5%. On the […]
China to Hold Conference on Covid-19 Measures, Signs of Concessions After Protests – Bloomberg
Representatives of China’s National Health Commission, National Disease Prevention and Control Administration, and China Center for Disease Control and Prevention will hold a press conference on the implementation of measures to prevent and control the novel coronavirus at 3:00 pm (4:00 Japan time) on the 29th. open.National Health Commissionmade clear in the publication. The Chinese […]
China Stocks Rebound, Raising Hopes for Economic Reopening;
Chinese stocks rebounded sharply on the 29th. The yuan is also being bought. Hopes of reopening the economy grew as markets looked for signs of further easing of coronavirus restrictions after a press conference by Chinese health officials. New real estate support measures also helped improve sentiment. The CSI 300 index of mainland Chinese stocks […]
