🇦🇺 Australian unemployment rate turned out to be lower than expected (3.5% actual vs. 3.8% forecast). AUDJPY gained 500 points.
🚀 USD/JPY has hit its highest level since September 1998. Now the pair is above the 138.50 level
🇨🇳 China’s digital yuan transactions hit 83 billion yuan in the first five months
🇯🇵 Tokyo’s government raised the Covid infection alert for the Japanese capital to its highest level amid a surge in new cases
🏦 Rumor has it that after the data on US CPI, which showed an inflation growth of 9.1% year on year, the Fed will raise the interest rate by 100 basis points at the end of this month
🇸🇬 In Singapore, the city-state’s currency strengthened due to an unexpected tightening of monetary rules, part of a global wave of moves to contain the cost of living
💶 The euro fell back to $1 after falling briefly below it on Wednesday
💸 Bitcoin surged above $20,000 despite crypto lender Celsius Network filing for bankruptcy
🔂 Don’t Miss: Reporting season is another test for the markets, launched Thursday in the US by JPMorgan Chase & Co. and Morgan Stanley
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now