07:55:30
Japanese Finance Minister Shunichi Suzuki: He will discuss strengthening the Chiang Mai Initiative multilateral currency swap line with ASEAN countries.
07:54:33
Japanese Finance Minister Shunichi Suzuki: We are not facing a financial crisis.
07:54:31
Japanese Finance Minister Shunichi Suzuki: It is very important to always consider the worst case when designing a regional financial safety net.
07:53:52
[CICC: U.S. GDP slows down and "stagflation" risk rises] CICC research report pointed out that the quarter-on-quarter annualized rate of GDP in the first quarter of the United States was 1.1%, the third consecutive quarter of slowdown. We believe that although the U.S. economy has shown resilience since the beginning of the year, it cannot change the downward trend of the economy. With the decline of bank deposits, in the future, either the banks will spontaneously "tighten credit" and the credit spread will expand; or the tight credit will not be obvious, the Fed will continue to "tighten money" and the risk-free interest rate will rise. In either case, the final result will be an economic downturn. In addition, we must also be wary of the stickiness of inflation. In the first quarter, the US core PCE grew at an annualized rate of 4.9%, higher than the 4.4% in the fourth quarter of last year, and the overall PCE growth rate was also higher than that at the end of last year. Structural inflation may lead to a "stagflation" pattern in the economy, which will also bring more challenges to financial markets.
07:53:46
Japanese government: Industrial production is showing a moderate recovery.
07:47:53
Japanese Finance Minister Shunichi Suzuki: To commemorate the 50th anniversary of the friendship between Japan and ASEAN, a special meeting with Southeast Asian countries will be held on May 2.
07:43:54
Japanese Finance Minister Shunichi Suzuki: Will go to South Korea to attend the ASEAN+3 and Asian Development Bank meeting.
07:07:29
ExxonMobil: Uaru oil field project has been approved by the government, and production is planned to start in 2026. The fifth Stabroek block will produce around 250,000 bpd.
07:03:50
The Society of Motor Manufacturers and Traders (SMMT): UK car production in March rose 6.1% year-on-year to 81,605 units.
06:49:27
Market news: Republicans in the US House of Representatives seek information on bank regulatory actions.
06:49:02
Market news: Republicans in the U.S. House of Representatives sent a letter to U.S. Treasury Secretary Yellen and regulators on bank bankruptcy.
06:39:07
Argentine Vice President: The agreement with the IMF is causing inflation.
06:02:05
[The probability that the Federal Reserve will raise interest rates by 25 basis points in May is 83.9%] According to CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in May is 16.1%, and the probability of raising interest rates by 25 basis points is 83.9%; The probability of interest rates at current levels is 11%, the probability of a cumulative rate hike of 25 basis points is 62.2%, and the probability of a cumulative rate hike of 50 basis points is 26.8%.
05:56:34
Amazon CFO: Amazon is shifting its long-term investment from building new warehouses and distribution centers to investing more in the infrastructure of its cloud computing business, including investments in large language models and generative artificial intelligence.
05:40:07
Market news: The Biden team is worried that insufficient fundraising will affect the 2024 presidential campaign.
05:37:35
Intel: believes that the PC market is becoming increasingly stable, and the PC market (demand) is expected to reach 270 million units in 2023. Profitability was hurt by low factory loading, with additional factory capacity expected in the second half of the year and some costs related to new products impacting margins. Free cash flow is expected to recover in the second half of the year.
05:26:02
U.S. Democratic Senator Smith: Biden is correct that negotiations on debt defaults are non-negotiable.
04:41:52
In the United States as of April 26, foreign central banks held US$43.354 billion in US treasury bonds, the previous value was US$10.101 billion.
04:36:21
McCarthy, Speaker of the US House of Representatives: The budget issue has nothing to do with the debt ceiling, but if the budget issue is not addressed, the debt ceiling bill cannot be passed.
04:30:17
McCarthy, Speaker of the US House of Representatives: Biden is ignoring the debt ceiling issue.