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2024-12-13 23:52:47

Before the Bank of Japan's policy meeting, it released chaotic signals. Japanese traders were confused about when to raise interest rates. After the Bank of Japan officials' remarks and media reports sent different signals, traders have been confused about when the central bank might raise interest rates in the past week. This kind of confusion led to sharp fluctuations in the market's interest rate hike bets. The overnight index swap pricing showed that the probability of raising interest rates in December was 22%, which was significantly lower than 60% at the beginning of last week. This week, the yen fell from 150 last Friday to a low of 152.18 to the dollar, and the exchange rate was 151.73 at 10:40 Tokyo time. Kazuo Ueda, governor of the Bank of Japan, said in an interview last month that the interest rate hike was approaching. A few days later, a report by the news agency emphasized the concern of the central bank about raising interest rates prematurely. Tomaki Nakamura, a member of the Dove Policy Committee, said last week that he was not opposed to raising interest rates, but this month's policy decision must consider data factors.Citigroup: cut the iron ore price forecast from $110 per ton to $100 per ton.Chilean Mining Association (SONAMI): Chile's copper production is expected to remain stable this year.


Zamrazilova, Deputy Governor of the Czech Central Bank: I hope to see the inflation rate drop in January, and then I can start to consider further relaxing interest rates.According to the survey of Monetary Authority of Singapore, 33% people expect that the slope of Singapore's exchange rate will be lowered in the January monetary policy evaluation (previously 50%).Chilean Mining Association (SONAMI): Chile's copper production is expected to remain stable this year.


Spot gold stood at $2,710 per ounce, up 0.63% in the day.Vietnam Customs: The export volume of rice in November was 704,608 tons.Sony group's share price hit a record high in intraday trading.

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