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Market turmoil! The US dollar fell to the lowest level since the end of May, and the yen soared more than 1%.
On Wednesday, the US dollar fell to its lowest level in nearly two months. The sharp rebound of the Japanese yen magnified the decline in the US dollar exchange rate and caused a response in the global forex market.
China's Central Bank Holds Key Policy Rates Steady -- Update
China's central bank kept key policy rates unchanged on Monday, indicating a likely hold on the country's benchmark lending rate later this month even as signs of economic weakness raise expectations that easing may be in the pipeline.
Citic sec: Optimizing the LPR mechanism to improve the quality and efficiency of finance.
Currently, OMO has gradually become the core of policy interest rates. Optimizing loan pricing benchmarks can help improve interest rate transmission efficiency, balance the goals of the money and credit markets, alleviate the impact of asynchronous pricing of deposits and loans, and help stabilize bank interest margins.
OECD Expects Cooling Jobs Markets, But Continued Recovery In Real Wages
Unemployment rates are set to pick up only slightly across the world's rich countries in the short term, while real wages will continue to rise as profit growth cools, the Organization for Economic Cooperation and Development said Tuesday.
Is the second bull market really here? The Nikkei rose 2% and hit a new high again.
Is the Japanese stock market starting a new bull market?
HTSC: An analysis of the potential direction of consumer tax reform.
According to a research report published by htsc on the Zhitong Finance App, the reform of consumption tax may focus on adjusting the taxation scope and tax rate, discretionary delay in the collection process, moderate downward shift of income distribution to marginally alleviate local fiscal gaps, but with relatively mild macro-level impacts.