Chicago Soybean Oil Futures Renew High-Indonesia’s Export Ban Expanded-Bloomberg
The central contract month for soybean oil futures hit a new high on the 27th in the Chicago market. The background is that Indonesia, the world’s largest exporter of edible oil, has announced that it will extend the export ban to crude palm oil (crude oil). Indonesia expands the scope of export ban on crude […]
US new home sales low for the first time in four months-high prices and sharp rises in interest rates squeeze-Bloomberg
Sales of newly built single-family homes in the US in March fell from the previous month to the lowest level in four months. It has been shown that high prices and sharp rises in loan interest rates are tightening the market. Key Point Newly built single-family home sales (seasonally adjusted, annualized) decreased 8.6% to 763,000 […]
Chinese stock CSI300, the lowest since April 2008-Hang Seng Index below 20,000 units-Bloomberg
Chinese stocks, commodities and yuan were sold in the market on the 25th following the news that the spread of the new coronavirus spread in China and Beijing was also blocked. The mainland stock index CSI300 index closed at 3814.91, down 4.9% from the previous weekend, the lowest since April 2020.Offshore due to concerns about […]
Japan’s foreign exchange intervention, procedures and points smoldering due to yen depreciation for the first time in 20 years-QuickTake-Bloomberg
As the yen depreciates rapidly against the dollar, the Bank of Japan and the Ministry of Finance have speculated that the Bank of Japan and the Ministry of Finance will intervene directly in buying yen and selling dollars for the first time in 24 years. It is emerging among the lists. Japan has long been […]
[Ukraine]US announces additional support-Russia declares Mariupol’s “liberation”-Bloomberg
Russian President Vladimir Putin has declared that he has “liberated” the city of Mariupol in southern Ukraine, and ordered the closure of the Azovstal iron and steel plant, where Ukrainian soldiers are standing. The Ukrainian government has called for urgent negotiations to save the lives of soldiers and civilians in the city. A small number […]
Japanese stocks continue to grow on the 3rd, buying in anticipation of corporate performance-high growth stocks such as electric appliances-Bloomberg
Every morning we deliver world news that you want to keep track of before you start your day. Click here to subscribe to the Bloomberg newsletter. The Tokyo stock market continues to grow on the 3rd. Expectations for strong corporate performance have increased in connection with the announcement of financial results at home and abroad. […]
Shanghai residents clash with police, visit nearby quarantine facilities-relief of citizens’ dissatisfaction-Bloomberg
In the eastern part of Shanghai, China, where lockdown (city blockade) is continuing due to the spread of the new coronavirus infection, residents who were angry about the plan to install a quarantine facility collided with the police. Citizens’ resentment that raises dissatisfaction with the government’s response to corona is highlighted. Several residents in protective […]
President Biden to nominate Mr. Barr as Fed Vice-Chairman for Banking Supervision-Stakeholders-Bloomberg
US President Joe Biden plans to appoint former Assistant Treasury Secretary Michael Barr, now Dean of the University of Michigan’s School of Public Policy, for the currently vacant Federal Reserve Vice-Chairman Post. .. Several people familiar with the situation have revealed. The president has narrowed Mr. Barr to the finalist this week, according to one […]
People’s Bank of China cuts reserve requirement ratio by at least 0.25 points-Bloomberg
The People’s Bank of China (Central Bank) announced on the 15th that it will reduce the reserve requirement ratio of commercial banks by 0.25 points. Strengthen economic support amid the spread of coronavirus infection. For some small and medium-sized banks, the price will be further reduced by 0.25 points. The reduction will be implemented on […]
Avoiding the spread of people’s anger is a bigger challenge than China’s Xi leadership, Corona-Bloomberg
China’s President Xi Jinping now faces greater challenges than containing the spread of the new coronavirus infection. The anger of the residents of Shanghai, where the lockdown is taking place, should be calmed down before it spreads nationwide and becomes a major crisis of trust in the Chinese Communist Party. China’s major financial hub, Shanghai’s […]