I posted earlier on why this doesn’t rally matter too much, the meeting pre-dates December’s much more consequential rate hike and the subsequent swings in the yen: Anyway, for good order, here’s a summary article. Summary BOJ October minutes reflect broadly stable global and domestic conditions at the time U.S. growth seen as solid, supported by AI investment and…
Rivian Automotive (RIVN), the electric vehicle manufacturer focused on adventure-oriented trucks and SUVs, has staged an impressive comeback from its December lows. But the real test for bulls lies directly ahead, where three distinct resistance levels are now stacked like hurdles on a track. Trading at $21.38 after pulling back 2.62% today, RIVN finds itself in an intriguing spot….
Summary Tesla UK sales fell sharply in November, echoing wider European declines Germany and France saw particularly steep drops in Tesla registrations Competition from Chinese automakers, especially BYD, intensified UK EV buyers increasingly favour plug-in hybrids over full BEVs The data point to structural challenges rather than a one-off dip Sales of Tesla continued to weaken across Europe in…
The British Pound (GBP) softens against the US Dollar (USD) on Wednesday, with the Greenback finding mild support amid reduced liquidity during the shortened US holiday session. At the time of writing, GBP/USD trades around 1.3500, easing slightly after briefly touching an intraday high near 1.3534, its strongest level since September 19. Markets showed a muted response to the…
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate, or “midpoint.” It’s currently…
GBP/USD slips slightly as holiday-thinned markets keep trading subdued The British Pound (GBP) softens against the US Dollar (USD) on Wednesday, with the Greenback finding mild support amid reduced liquidity during the shortened US holiday session. At the time of writing, GBP/USD trades around 1.3500, easing slightly after briefly touching an intraday high near 1.3534, its strongest level since September 19. Read More……
Summary Bank of Korea says NPS has activated strategic FX hedging The move aims to manage FX risk and curb won volatility Hedging could generate dollar selling and support the won Authorities frame it as risk management, not intervention Signals lower tolerance for prolonged currency weakness – South Korea’s central bank, the Bank of Korea, said the country’s National…
Gold retreats after setting a new record-high above $4,520 earlier in the day and trades in a tight range below $4,500 as trading volumes thin out ahead of the Christmas break. The US Dollar selling bias remains unabated on the back of dovish Fed expectations, which continues to act as a tailwind for the bullion amid persistent geopolitical risks.
Bank of Japan Governor Ueda spoke at the Meeting of Councillors of Keidanren (Japan Business Federation) in Tokyo in Thursday, December 25, 2025. The title of the speech, reflective of its content, was “Toward the Achievement of the Price Stability Target Accompanied by Wage Increases“. Summary: Ueda said underlying inflation is steadily approaching 2%, supported by tight labour markets…
Japan Construction Orders (YoY) climbed from previous -10.1% to 9.5% in November
