Japan finmin Suzuki: Closely watching forex with sense of urgency

Japanese Finance Minister Shunichi Suzuki said on Thursday that he would closely watch the foreign currency market with a sense of urgency. He made th

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South Korea warns it will proactively respond to herd like behaviours in the FX markets

<p>South Korea's Finance Minister with the forex intervention threat. </p><p>It comes as the Korean won has fallen to its lowest against the US dollar since March 2009. The KRW is…

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BOE under pressure as Truss vows to reverse the “Treasury Orthodoxy”

New King, new Prime minister, new Government , new Era …. The BoE had to postpone its rate announcement as the country mourns for Queen Elizabeth, which gave policy makers more time to…

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Japanese Finance Minister Suzuki comments on BOJ bankrolling public debt

Japan’s fin min rolling out the commentary again, making a point that the Bank of Japan is not a branch of the government and is not there to fund government…

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UK Spring Budget Statement, Bailey, Powell & US Open

UK cuts growth forecast sharply, with the spring budget based on projections of 3.8% growth, rather than the 6% expected previously. UK Finance Minister Rishi Sunak announced this along with…

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Japan’s Suzuki: Will freeze assets in some Russian banks

Japanese Finance Minister Shunichi Suzuki said Friday that his government will freeze assets in some Russian banks, as a part of the economic response

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Recap October 31: Europe Tests Electric Blackout, Strong Solar Storm, Food Costs Surging 100-300% (Recap Ep147)

These are some of the most outstanding news this week: As of Thursday, in the U.S. stock market, forecast-beating results have helped ease investors’ worries that supply-chain difficulties would dent…

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GER30 Higher Following German Election

GER30, H1 The German election brought a narrow victory for the Social Democrats (25.7%), but no outright majority, which means the country is now facing lengthy coalition talks. The Conservatives…

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USDRUB Ahead of Biden-Putin Summit

USDRUB, H4 & Daily The Kremlin has confirmed that the Putin-Biden summit will kick off in Geneva, Switzerland at 11 am GMT on June 16.  The agenda includes nuclear stability,…

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Australian finance minister: Backdrop of an economic and fiscal outlook remains highly uncertain

The finance minister, Mathias Cormann, is talking in Canberra. He has stated that there are fiscal supports that the Australian government has put in

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