Home » News » Financial News » International News – Sep 22nd, 2022
a
Newsletter
  1. Yesterday, the Bank of Japan intervened in the foreign exchange market for the first time since 1998, and the yen surged 500 points against the dollar. Japan’s Deputy Finance Minister denied that 145 is the defensive line of the yen exchange rate. On the same day in 1985, Japan signed the Plaza Agreement to seek the appreciation of the yen to expand overseas markets.
  2. U.S. State Department official: More measures will be taken after the imposition of sanctions on Iran on Thursday.
  3. Nigerian Oil Minister: If oil prices continue to fall, OPEC may be “forced” to cut production further. Putin and the Saudi crown prince applauded the efforts within the OPEC+ framework and confirmed their willingness to continue to stick to the existing agreement.
  4. The day after the Fed raised interest rates, the scale of its reverse repurchase operations reached a record high of $2.35 trillion.
  5. Japanese Prime Minister Fumio Kishida: The border controls will be relaxed from October 11.
  6. ECB members currently expect the European economy to grow by 3.1% in 2022, 0.9% in 2023 and 1.9% in 2024.
  7. German Economy Minister: The German economy will lose 60 billion euros in 2022 and 100 billion euros in 2023 due to forced purchases of high-priced energy.
  8. The Bank of England raises interest rates by 50 basis points, starts sales of government bonds on October 3, and reduces its holdings of government bonds by 80 billion pounds over the next 12 months. The Swiss National Bank raised interest rates by 75 basis points, ending an eight-year negative interest rate policy.
  9. The Bank of Japan maintained its benchmark interest rate at a historical low of -0.1% and kept the 10-year government bond yield target around 0%, in line with market expectations. Bank of Japan Governor Haruhiko Kuroda said that he will not consider raising interest rates for the time being, and there is no need to change the forward guidance for 2-3 years.

Disclaimer:                                                                                                                                                                        
This article comes from the third-part, all information on xtrading (including but not limited to text, data, and icons) does not represent xtrading’s views, we do not guarantee the accuracy, authenticity, integrity, validity, timeliness,etc. If we infringe any media or personal’s intellectual property rights unintentionally, please call or write to inform us, we will deal with it in the first time. The information released by xtrading is for reference only, not basis for any investment and transaction , which operate at your own risk.

Related Articles

International News – Sep 27th, 2022

09/27/2022

The U.S. House of Representatives introduced a bill that would allow the...

Bank of England Still to Decide If It Will Comment on Pound

09/26/2022

Bank of England Still to Decide If It Will Comment on Pound...

Hedge Fund Manager Says Fraud Conviction Should Be Tossed

09/26/2022

Hedge Fund Manager Says Fraud Conviction Should Be Tossed (Bloomberg) — A...

Asia Faces Continued Pressure on Riskier Assets: Markets Wrap

09/26/2022

Asia Faces Continued Pressure on Riskier Assets: Markets Wrap In this article:...

‘Don’t Worry Darling’ Tops Cinemas After Flurry of Bad Press

09/26/2022

‘Don’t Worry Darling’ Tops Cinemas After Flurry of Bad Press In this...

Hedge Funds Piled On Bullish Pound Bets Just Before Crash

09/26/2022

Hedge Funds Piled On Bullish Pound Bets Just Before Crash Hedge Funds...