BOJ stands pat on rates, yen falls Currency reaction muted after Trump-Xi meeting; details awaited Trump says trade deal with China could be signed on Thursday Traders reduce expectations for 25bp Fed cut in December SINGAPORE, Oct 30 (Reuters) – The yen fell on Thursday in the wake of the Bank of Japan’s decision to…
Market Overview In 2024, Australia’s electric vehicle (EV) market was valued at roughly USD 16.2 billion. By 2033, the market is expected to reach USD 171.6 billion, growing at a CAGR of 30.00% between 2025-2033. The market covers battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and includes segments by price category, propulsion…
Markets This morning, it initially looked that risk premia at the ultra-long end of the yield curve could remain the focus for markets. The Japanese 10-y yield tested the cycle /YTD top levels near 1.6%. The 30-y yield even touched an all-time top near 3.21%. However, this time were no spillovers to markets outside Japan….
In the days after Hong Kong passed a bill to regulate stablecoins on May 21, people in the industry celebrated the government’s forward-looking stance on the cryptocurrency assets, but its stringent requirements – similar to how it regulated other virtual assets – could be a double-edged sword in the near term. “Regular independent audits and…