BOJ governor Kuroda attributes sharp rise in US CPI to base effects
BOJ governor, Haruhiko Kuroda, speaks in parliament
Base effects or not, the yesterday was sizzling and is one point in the corner of inflation. The question now for the Fed is how many more readings like that can they keep passing on as "transitory"? That is something not even Kuroda can answer for now.
Bitcoin under the microscope after overnight plunge
Bitcoin holds just above $50,000 after a fall to $46,000 overnight
The trade in Bitcoin has been one that errs more towards being psychological more than anything else and that is often reflected in the charts as well.
Germany reports 17,419 new coronavirus cases, 278 deaths in latest update today
The 7-day incidence rate continues to fall, easing to 103.6
The drop in the infection rate suggests that the virus situation is turning for the better in Germany and over time, the daily cases and deaths will also start to reflect that.
ForexLive Asia FX news wrap: Bitcoin price smashed lower on Musk/Tesla
Forex news for Asia trading on
crypto complex saw price declines today led by BTC responding to a
tweet from Elon Musk in which he said Tesla would no longer accept
payment in the coin, citing fossil fuel use in mining and
transactions being far too high. Musk indicated he would favour less
energy-intensive crypto ahead.
The BOJ says its ready to extend pandemic relief beyond the September deadline if needed
The Bank of Japan has provided easier funding to firms particularly hard hit by coronavirus restrictions
Comments from a senior official of the Bank now that relief will extend beyond September if needed.
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