Christopher Wong, foreign exchange strategist at OCBC in Singapore, said the election of Takayama as prime minister was expected after the Restoration Council agreed to form a coalition government. This should reassure markets and the yen due to the fiscal soundness demonstrated by the LDP-Restoration party alliance. The impact of this event on the dollar/yen may not be similar to what happened after the LDP election, as a coalition government will make Takayama's previous pro-stimulus stance ma...
Gold prices hit another new high as investors bet that the Federal Reserve will continue to cut interest rates, ANZ analysts wrote. Rising trade tensions have increased safe-haven demand for gold, which still has room to rise amid geopolitical, economic and fiscal uncertainty. ANZ analysts predict that gold prices will peak at $4,600 an ounce in mid-2026. (Gold Ten)
The resignation of Shigeru Ishiba has triggered political uncertainty in Japan, and the battle for the leadership of the Liberal Democratic Party is about to begin. Political uncertainty has exacerbated market concerns about Japan's fiscal discipline and the trend of the yen and Japanese bonds. Click to view...
Japan's ruling coalition lost more than half its seats in the upper house and the yen rose as much as 0.7 per cent against the dollar, but then fell back. Nikkei futures were little changed and the cash market was closed for the holiday. Shigeru Ishiba, Japan's prime minister, will now try to govern with some support from the opposition. "Uncertainty is usually good for the yen, at least initially," said Rodrigo Catril, currency strategist at National Australia Bank. "Overall, the election resul...
The golden day skyrocketed and resumed its upward trend. Trump's "change in order" has brought huge uncertainty to the market, and the title of the bull "God of Wealth" cannot be removed?
There are huge uncertainties in the market, and investment banks and analysts are generally optimistic about the future market of gold. Gold has achieved huge gains in 2024. Although it faces the risk of consolidation in the short term, it will still climb to another peak in 2025.
The dollar index jumped sharply, and the trend of spot gold is uncertain. Many US states have released results one after another, but seven key swing states have not yet been announced. Investors need to guard against a surge in volatility.
On September 11, the main contract of lithium carbonate futures rose to 8%, the lithium mining sector rose sharply, and China Mining Resources rose by more than 7%. There is news that Ningde Times Yichun Jiawo Mine has stopped production. In this regard, the reporter contacted the investor relations department of China Mining Resources as an investor. Regarding the reason for the rebound in lithium carbonate futures, the relevant person said that there is news that Ningde (Yichun Lithium Mine) m...
The Federal Reserve has hinted that it will only cut interest rates once this year, but economic data has fanned the flames for the expectation of two rate cuts! Political uncertainty has triggered three kills in European stocks and bonds, and Feitian Moutai has cut prices off a cliff... What stimulus markets have you missed this week?
Increasing political uncertainty in Europe affects the European and American currency pairs, and the European and American tests a key retracement? The United States and Japan show a bullish trend and may return to this range... > >