#MONEX
Explore tagged Tumblr posts
Text
BTW, hidden gem of K-pop 🔥
1 note
·
View note
Text
I want to be zhe dumest cow I want huge udders and fir my owner ti sell my molk and get rich and let other pl fuck me fir monex
15 notes
·
View notes
Text
Brazil's real slips to near 1-week low in thin Latam holiday trade
Brazil's real slipped to a near one-week low against a muted dollar in thin trading volume, dragging the Latin American currencies index, while investors awaited a key U.S. inflation test for more clues on the Federal Reserve's policy outlook.
The MSCI index tracking Latam currencies .MILA00000CUS fell 0.2%, on track for only slight gains this quarter, losing steam following the previous quarter's near 6% jump, with the dollar index =USD set for a strong quarterly advance, owing to doubts over U.S. rate cuts this year.
"Some Fed members believe that rate cuts can be delayed and that perhaps only two are needed. This puts renewed downward pressure on all Latam and EM which now face a bit of central bank policy divergence after committing to slashing borrowing costs," said Juan Perez, director of trading at Monex USA.
All eyes will be on the Fed's preferred inflation gauge, the so-called core personal consumption expenditures (PCE) price index data, due on Friday. Any negative surprises could further blur the U.S. rate cuts picture.
Continue reading.
10 notes
·
View notes
Text
Tỷ giá USD hôm nay 6/1: Giảm sâu tại nhiều ngân hàng
Giá mua USD ngân hàng giảm xuống dưới mốc 25.200 VND/USD
Tỷ giá trung tâm hôm nay (6/1) được Ngân hàng Nhà nước công bố ở mức 24.337 VND/USD, tăng 3 đồng so với mức niêm yết cuối tuần trước. Áp dụng biên độ 5%, hiện tỷ giá USD các ngân hàng thương mại được phép giao dịch là từ 23.120–25.554 VND/USD.
Tỷ giá mua bán tham khảo tiếp tục được Sở giao dịch Ngân hàng Nhà nước giữ ở phạm vi 23.400–25.450 VND/USD.
Tỷ giá USD trong nước sáng đầu tuần ghi nhận một số điều chỉnh trái chiều trong giá mua USD. Cụ thể, ba ngân hàng quốc doanh đã nâng nhẹ giá chào mua lên không quá 3 đồng, trong khi đó ba ngân hàng tư nhân được khảo sát đã giảm mạnh từ 40 đến 70 đồng so với mức niêm yết trước đó.
Hiện giá mua USD nằm trong khoảng 25.192–25.253 VND/USD, với BIDV là nhà băng có giá mua USD cao nhất. Chiều bán USD tăng 3 đồng theo biên độ giao dịch, đồng loạt ở mức 25.553 VND/USD.
Ghi nhận tuần giao dịch tốt nhất trong tháng
Chỉ số USD Index (DXY), thước đo sức mạnh của đồng bạc xanh so với các đồng tiền chủ chốt khác đã giao dịch ở mức 109,03 theo ghi nhận lúc 7h30 (giờ Việt Nam).
So với phiên trước đó, tỷ giá euro so với USD giảm 0,12%, đạt 1,0297. Tỷ giá đồng bảng Anh so với USD giảm 0,03% lên 1,2419. Tỷ giá USD so với yen Nhật tăng 0,32% ở mức 157,81.
Tỷ giá USD đã giảm trở lại vào cuối tuần trước nhưng đã ghi nhận mức tăng trưởng hàng tuần mạnh nhất trong một tháng do kỳ vọng rằng nền kinh tế Mỹ sẽ tiếp tục vượt trội hơn các nền kinh tế khác trên toàn cầu trong năm nay và lãi suất của Mỹ sẽ vẫn ở mức tương đối cao.
Thị trường lao động vẫn vững mạnh và lạm phát vẫn ở mức cao đã làm tăng lợi suất trái phiếu kho bạc trong những tuần gần đây và thúc đẩy nhu cầu đồng bạc xanh.
Các chính sách mới dưới thời chính quyền Donald Trump sắp tới bao gồm bãi bỏ quy định kinh doanh, cắt giảm thuế, hạn chế nhập cư bất hợp pháp và thuế quan, cũng được kỳ vọng sẽ thúc đẩy tăng trưởng và gia tăng áp lực giá cả.
Chỉ số DXY đã quay đầu về giảm dưới ngưỡng 109 sau khi đạt mức cao nhất trong hai năm là 109,54 vào thứ 5 tuần trước.
Mặc dù đồng USD tăng giá gần đây, vẫn còn nhiều bất ổn đáng kể về thời điểm chính phủ mới của Mỹ sẽ đưa ra các chính sách và tác động cuối cùng của các chính sách này sẽ như thế nào. Điều đó có thể ngăn chặn đà tăng của đồng USD trong ngắn hạn.
Bà Helen Given, nhà giao dịch ngoại hối tại Monex USA, cho biết USD có thể sẽ giảm giá một chút khi chính quyền mới lên nắm quyền vì tất cả các mức thuế được đề xuất này sẽ mất một thời gian để thực hiện và chúng ta thực sự không biết liệu tất cả các đề xuất này có được thực hiện hay không. Khi bước vào nửa cuối năm dương lịch này, bà cho rằng đồng USD sẽ mạnh hơn nữa.
Đồng tiền Mỹ đã giảm nhẹ trở lại sau khi dữ liệu vào cuối tuần trước cho thấy ngành sản xuất của Mỹ đã tiến gần hơn đến sự phục hồi trong tháng 12 với sản lượng được phục hồi và đơn đặt hàng mới tiếp tục tăng.
Đồng euro phải đối mặt với triển vọng tăng trưởng yếu hơn và có thể bị ảnh hưởng bởi thuế quan của Mỹ khi Ngân hàng Trung ương Châu Âu dự kiến sẽ cắt giảm lãi suất sâu hơn Cục Dự trữ Liên bang (Fed) trong năm nay. Các nhà giao dịch dự đoán ECB sẽ cắt giảm lãi suất 100 điểm cơ bản (bps) vào cuối năm trong khi khả năng Fed nới lỏng 50 bps là rất thấp.
Xem chi tiết: https://vietnambiz.vn/ty-gia-usd-hom-nay-61-dieu-chinh-giam-nhe-nhung-van-o-muc-cao-2025138412919.htm
0 notes
Text
Innovating Finance with Monex Group: A Journey of Growth and Excellence
Innovating Finance with Monex Group: A Journey of Growth and Excellence
Monex Group, founded in 1999, has established itself as a leading player in the financial services industry. With a commitment to innovation and customer-centric solutions, Monex has transformed the way people engage with financial markets.To get more news about Monex, you can visit our official website.
Global Reach and Diverse Services
Monex Group's global presence is one of its defining features. The company operates in key financial markets across Asia, North America, and Europe. This international reach allows Monex to offer a wide range of services, including online brokerage, asset management, and investment banking.
Cutting-Edge Technology
At the heart of Monex's success is its dedication to leveraging cutting-edge technology. The company's trading platforms are designed to be user-friendly, reliable, and efficient. Monex continuously invests in technological advancements to ensure that its clients have access to the best tools for their trading and investment needs.
Customer-Centric Approach
Monex places a strong emphasis on understanding and meeting the needs of its clients. The company's customer-centric approach is evident in its personalized financial services and educational resources. Monex provides clients with valuable insights and support to help them make informed investment decisions.
Innovation and Growth
Monex Group has a track record of embracing innovation and adapting to the evolving financial landscape. The company's forward-thinking approach has led to the development of new products and services that cater to the diverse needs of its clients. Monex's commitment to growth is reflected in its continuous expansion and strategic acquisitions.
Sustainable and Responsible Practices
Monex is also dedicated to sustainable and responsible business practices. The company integrates environmental, social, and governance (ESG) considerations into its operations. By prioritizing sustainability, Monex aims to create long-term value for its clients, shareholders, and the broader community.
0 notes
Text
Honda and Nissan Explore Potential Merger Amid EV Competition
Japanese carmakers Honda and Nissan are reportedly engaging in early-stage discussions about a potential merger, aiming to strengthen their position in the fast-evolving electric vehicle (EV) market, particularly in China.
The talks follow an agreement in March where the two companies decided to collaborate on EV strategies. In August, they deepened their partnership, focusing on battery technology and advanced electrification systems, while also including Mitsubishi Motors in broader discussions.
In a joint statement to the media, both firms said: "As announced earlier this year, Honda and Nissan are exploring possibilities for collaboration, leveraging each other’s strengths." However, neither company has officially confirmed the merger discussions reported by Japanese business outlet Nikkei.
Challenges in a Competitive Landscape Honda and Nissan have faced increasing pressure as the global auto industry shifts from petrol and diesel vehicles to electric. The booming EV production in China, where brands like BYD and Tesla dominate, has intensified the challenges for Japanese manufacturers. Combined, Honda and Nissan sold 7.4 million vehicles globally in 2023 but continue to lose market share in China, which accounted for nearly 70% of global EV sales last year.
With fierce competition from lower-cost EV producers, Nissan and Honda are exploring ways to remain viable. Edmunds analyst Jessica Caldwell highlighted the growing difficulty for mid-sized players in the market. "Collaboration has become essential, not just for survival but to remain competitive in a rapidly changing industry," she noted.
Political and Structural Hurdles A merger of this scale would face intense political and regulatory scrutiny in Japan, given the potential impact on jobs. Additionally, Nissan's existing alliance with French automaker Renault may add complexity to any deal.
Jesper Koll, an expert from Japanese online trading platform Monex Group, questioned whether a merger could significantly enhance competitiveness. "It feels like rearranging deck chairs on the Titanic," he remarked, suggesting neither company currently has groundbreaking products or technologies to reshape their market standing.
Market Reaction The news has had mixed effects on the stock market. Following the reports, Nissan shares surged over 20% in Tokyo, while Honda shares dipped by 2%. Mitsubishi Motors, a potential partner in the discussions, saw its shares jump 13%.
Future Uncertain While the companies are expected to provide updates soon, it remains unclear if a formal merger will materialize. Both Honda and Nissan have emphasized that any developments will be shared with stakeholders "at the appropriate time."
The potential partnership underscores the urgent need for traditional automakers to adapt to a market increasingly dominated by EVs and Chinese competitors. Whether the merger leads to a revitalized strategy or merely serves as a stopgap remains to be seen.
0 notes
Text
Guerra de aranceles aumentará inflación
CIUDAD DE MÉXICO * 27 de noviembre, 2024 ) Forbes México El próximo presidente de Estados Unidos, Donald Trump, amenazó a la administración de Claudia Sheinbaum de colocar aranceles a todo producto que
se importe desde México. La presidenta mexicana reviró al republicano y mencionó que habrá respuesta fiscal, en tanto, expertos del Grupo Financiero Monex coincidieron en que esta “guerra arancelaria” solo disparará la inflación en ambos países. En conferencia de prensa, donde se revisaron las perspectivas económicas para la economía mexicana para 2025, Janneth Quiroz, directora de Análisis Económico de Monex, comentó que de hacerse realidad la amenaza del virtual presidente, Estados Unidos enfrentaría una oferta limitada de productos, lo que provocaría un incremento en el precio de los mismos. “Los precios aumentarían para los productos en EU y en México”, comentó. La experta añadió que si México responde, los productos que ingresan desde su vecino del norte también implicaría un aumento en la inflación, la cual el Banco de México (Banxico) ha buscado mitigar desde 2021. De acuerdo con el análisis de la institución financiera, el Índice Nacional de Precios al Consumidor (INPC) para 2025 sería de 4.05%, un nivel superior en 55 puntos base en comparación con la estimación de Hacienda, que dirige Rogelio Ramírez de la O, que es de 3.50%. La estimación de Monex se encuentra a penas por arriba de la tasa objetivo de Banxico, que es de 3% más/menos un punto porcentual. Eventualmente la estimación de Hacienda se encuentra en el objetivo del banco central. Quiroz comentó además que un aumento de la inflación en EU provocaría que la Reserva Federal pueda cambiar su política monetaria, dejando atrás el recorte de tasas o ralentizándolo, situación que, Banxico podría emular. Como consecuencia tendríamos una ralentización de la economía mexicana. Según Monex, la tasa de referencia de Banxico cerraría el próximo año en 10%, Hacienda estimó un 8%. De acuerdo con la institución financiera, el Producto Interno Bruto (PIB) mexicano sería de 1% para el próximo año, la estimación de Hacienda es de entre 2 y 3% anual. “Trump es un riesgo sistémico para México”, señaló la directora. La presidencia de Trump inicia el próximo 20 de enero y con ello un periodo de incertidumbre para la economía nacional, aseguró Janneth Quiroz, quien añadió que esta volatilidad ya se vive en los mercados y el tipo de cambio, el cual, mencionó, está lejos de volver a su mínimo nivel de 16.50 pesos por dólar. “El tipo de cambio cerraría 2025 en 21 pesos por dólar”, comentó la economista, Riesgo ante calificadoras Suman dos calificadoras que recortan la perspectiva de la calificación de México a “negativa”, se trata de Moody’s y de HR Ratings. Al respecto, Quiroz comentó que “contemplan” tres posibilidades al futuro, la primera: que dejen dicha perspectiva “por un tiempo prolongado”. “La otra es que si la evaluación que hagan (las calificadoras) apunta a que el manejo de las finanzas públicas de México sea adecuado (…) que modifiquen la perspectiva”, comentó. La última opción, dijo, es que las calificadoras recorten la calificación de México. Moody’s actualmente califica a México como “Baa2”, lo que de acuerdo con especialistas, significa que la calificación se encuentra dos niveles por encima del grado de especulación, pero la perspectiva indica una posibilidad de recorte en un plazo de 6 a 12 meses. La calificación que asignó HR Ratings es de “BBB”, la cual señala que el país aún es “confiable” respecto al cumplimiento de sus obligaciones de pago de deuda. La especialista señaló que todo dependerá del manejo de las finanzas públicas por parte de la administración de Sheinbaum, quien busca reducir el déficit presupuestal a un 3.5% en 2025 desde un 5.9% para 2024. ) www.acapulcopress.com Read the full article
#AnálisisEconómicodeMonex#ClaudiaSheinbaum#DonaldTrump#GrupoFinancieroMonex#HRRatings#JannethQuiroz#Moody’s#ProductoInternoBruto(PIB)#RogelioRamírezdelaO
0 notes
Text
Essential Cancun Packing List: Must-Have Travel Gear
Cancun Packing List To Bring On Your Cancun Vacation
Estimated reading time: 4 minutes Planning a getaway to the stunning beaches of Cancun? Packing the right gear can make all the difference between a good vacation and an unforgettable one. Here's your essential Cancun packing list and guide to must-have items for your Mexican Caribbean adventure.
What to include in your Cancun Packing List
Cancun Beach Essentials
Your days in Cancun will likely revolve around sun, sand, and crystal-clear waters. Don't forget these items on your essential Cancun packing list: - A high-quality reef-safe sunscreen (SPF 50+ recommended) to protect both your skin and Cancun's delicate coral reefs - Multiple swimsuits - the humid climate means they may not dry overnight - A wide-brimmed sun hat and polarized sunglasses for eye protection - A lightweight, quick-dry beach towel that won't take up much luggage space - A waterproof phone case for underwater photos and protection from sand
Clothing & Accessories
Cancun's tropical climate demands strategic packing: - Lightweight, breathable clothing made from natural fibers like cotton or linen - At least one smart-casual outfit for upscale restaurants - Comfortable walking sandals and water shoes for beach activities, which are part of your essential Cancun packing list. - A light rain jacket or umbrella (especially during rainy season from June to October) - A small crossbody bag or waterproof backpack for day trips
Essential Health & Safety Items to add to your Cancun Packing List
Cancun Packing List - Bug Repellent Stay comfortable and protected: - Insect repellent with DEET for mosquito protection - After-sun lotion or aloe vera gel for inevitable sun exposure - Basic first-aid kit including bandages and anti-diarrheal medication - Hand sanitizer and wet wipes for on-the-go cleansing - Check the Sea Lice Season in the Caribbean
Tech & Documentation
Keep your Cancun vacation running smoothly: - Universal power adapter (Mexico uses Type A/B outlets, 127V) - Portable battery pack for long days away from power sources - See the Tax-Free Electronics Policies for Travelers to Cancun - Copies of important documents (passport, travel insurance, hotel and airport transportation bookings) are always part of an essential Cancun packing list. - Camera or GoPro for capturing underwater adventures - Download offline maps and translation apps before your trip - Check if your passport is valid. See this Passport & Visa Guide - If you have doubts about Visa, go to the official Foreign Mexico Affairs Website
Book Your Cancun Airport Transfer Before Arrival
Book your Cancun Airport private shuttle with Van.Travel - a trusted, official transportation provider offering direct hotel transfers. Safe, reliable service with licensed drivers at Cancun International Airport.
Extra Tips for your Cancun Packing List
- Pack a dry bag for water activities and boat tours - Bring cash for small purchases and tips (both USD and Mexican Pesos are widely accepted). See Monex Exchange Tips. - Check the current money exchange rate on your arrival as this may change frequently. Here is a useful tool to do that: Money Exchange Rates - Consider packing snorkel gear if you plan multiple snorkeling trips - it's often cheaper than renting - Leave space in your luggage for souvenirs from local markets, as part of your essential Cancun packing list.
Remember, Cancun has plenty of shopping options if you forget something, but having these essentials ready will help you make the most of your vacation from day one. ¡Buen viaje! - Essential Tips for Traveling to Mexico with Children - Sea Lice Season in Cancun - Current Mexico Exchange Rate at Cancun Airport - Cancun Airport Terminals - Airlines Guide - Cancun Airport Terminal 4 Expansion Read the full article
0 notes
Text
No hidden charges, just transparent rates with Monex Money Exchange. Experience clear and honest currency exchange today!
0 notes
Text
Tracking Today's Gold Selling Price: A Guide for Sellers
In the ever-evolving world of finance, the price of gold remains a crucial consideration for both investors and individuals looking to sell their precious metal assets. As a commodity with a rich history and enduring value, gold has long been a favored hedge against economic uncertainty, making it a valuable asset for savvy investors and those seeking to capitalize on market fluctuations.Whether you're a seasoned collector, a jewelry enthusiast, or simply someone with a few pieces of unwanted gold lying around, understanding the current gold selling price is essential to ensuring you get the best possible return on your investment. In this comprehensive guide, we'll explore the various factors that influence gold prices, the different channels available for selling your gold, and strategies for maximizing your profits in the process.
Understanding the Gold Market
The price of gold is determined by a complex interplay of global economic, political, and market forces. As a commodity traded on international exchanges, the value of gold is subject to constant fluctuations, driven by factors such as supply and demand, inflation, interest rates, and geopolitical events.
To effectively track the current gold selling price, it's important to familiarize yourself with the key drivers of the gold market:
Supply and Demand: The global supply of gold, which is largely dependent on mining and production, is a significant factor in determining its price. Likewise, the demand for gold, which is influenced by factors such as jewelry consumption, investment demand, and central bank holdings, also plays a crucial role.
Economic Conditions: The state of the broader economy, including inflation rates, interest rates, and GDP growth, can have a significant impact on the value of gold. Generally, gold prices tend to rise during periods of economic uncertainty or high inflation, as investors seek safe-haven assets.
Geopolitical Factors: Geopolitical events, such as political instability, trade tensions, or global crises, can also contribute to fluctuations in the gold market, as investors seek to hedge against risk.
Central Bank Policies: The monetary policies and gold reserve holdings of central banks around the world can influence the global supply and demand dynamics, ultimately affecting the price of gold.
By understanding these key factors, you'll be better equipped to track the current gold selling price and make informed decisions about the timing and strategy for selling your gold assets.
Tracking the Current Gold Selling Price
Keeping a close eye on the current gold selling price today is crucial for anyone looking to maximize their returns. Fortunately, there are a variety of resources available to help you stay up-to-date on the latest market trends and pricing information.
Online Price Tracking Platforms: Numerous websites and online platforms, such as Kitco, Goldprice.org, and Monex, offer real-time gold price tracking and historical data. These resources allow you to monitor the spot price of gold, which represents the current market value of the precious metal.
Financial News and Media: Reputable financial news outlets, such as The Wall Street Journal, Bloomberg, and CNBC, provide comprehensive coverage of the gold market, including in-depth analysis, news, and expert commentary on price trends and market movements.
Mobile Apps: Several mobile applications, such as GoldPrice and Gold Price Today, offer user-friendly interfaces for tracking the current gold selling price on the go, often with additional features like price alerts and historical data analysis.
Precious Metals Dealers: Contacting local or online precious metals dealers can be a valuable source of up-to-date pricing information, as they closely monitor the gold market and can provide insights into the current buying and selling prices.
By regularly monitoring these various resources, you'll be able to stay informed about the fluctuations in the gold market and make more informed decisions about when to sell your gold assets.
Factors to Consider When Selling Gold
When it comes to selling your gold, there are several factors to consider beyond just the current selling price. These factors can have a significant impact on the final sale price you receive, so it's essential to take them into account:
Purity and Karat: The purity, or karat, of your gold is a crucial determinant of its value. The higher the karat, the more valuable the gold, with 24-karat being the purest form (99.9% pure gold). Lower karat items, such as 14-karat or 18-karat, contain a mix of gold and other metals, which can affect the price.
Item Condition: The condition of your gold items can also influence the selling price. Well-maintained, undamaged pieces will generally fetch higher prices than those that are heavily worn, tarnished, or damaged.
Unique Characteristics: If your gold items have unique features, such as intricate designs, rare markings, or historical significance, these characteristics may add additional value that should be factored into the selling price.
Selling Channel: The method you choose to sell your gold, whether through a local buyer, an online platform, or a specialized auction house, can significantly impact the final sale price. Each channel has its own advantages and considerations that should be weighed carefully.
Market Conditions: As mentioned earlier, the overall state of the gold market, including factors such as supply, demand, and economic conditions, can influence the price you receive for your gold.
By taking these factors into account, you'll be better equipped to negotiate the best possible price for your gold and ensure that you're maximizing your returns.
Selling Channels and Strategies
When it comes to selling your gold, you have several options to consider, each with its own advantages and disadvantages. Evaluate the following channels to determine the best fit for your needs:
Local Gold Buyers: Contacting local jewelry stores, pawn shops, or dedicated gold-buying businesses can be a convenient option, as you can conduct the transaction in person. However, be cautious, as these buyers may offer lower prices compared to other options.
Online Gold Buyers: There are numerous reputable online platforms that specialize in buying gold. These services often provide free shipping, secure packaging, and competitive prices. However, you'll need to carefully research the buyer's reputation and transaction process.
Auction Houses or Consignment Services: Consigning your gold to a reputable auction house or specialty consignment service can be an effective way to maximize your sale price. These services have access to a wide customer base and may be able to attract higher-end buyers.
Direct Sale to Refiners: Selling directly to gold refiners, who are the primary buyers of precious metals, can be a lucrative option, as they often offer the highest prices. However, the transaction process may be more formal, and you may need to meet minimum weight requirements.
When negotiating with potential buyers, be prepared to:
Research current gold prices and use this information as a benchmark
Communicate the specific details and characteristics of your gold items
Negotiate respectfully and be open to reasonable counteroffers
Verify the buyer's legitimacy and ensure a secure transaction
By considering multiple selling channels and negotiating effectively, you'll be able to maximize the return on your gold assets and ensure a smooth and profitable transaction.
Understanding the Tax Implications
When selling your gold, it's essential to be aware of the potential tax implications. Depending on your location and the nature of your gold holdings, you may be subject to capital gains taxes or other tax obligations. Consult with a qualified tax professional to ensure you're fully informed and compliant with all relevant regulations.
In general, the sale of gold may be considered a capital gain, which means the difference between the price you paid for the item and the amount you received from the sale could be subject to taxation. The specific tax rate and treatment will depend on factors such as your personal income, the length of time you held the gold, and any applicable exemptions or deductions.
By understanding the tax implications of selling your gold, you can plan accordingly and ensure that you're able to retain as much of the sale proceeds as possible.
Conclusion
Tracking the current gold selling price is a crucial step in ensuring you get the best possible return on your precious metal assets. By understanding the key drivers of the gold market, utilizing reliable price tracking resources, and considering the various factors that influence the value of your gold, you'll be well-equipped to navigate the selling process and maximize your profits.
Remember, the key to a successful gold sale lies in your ability to accurately assess the value of your items, partner with reputable buyers, and manage the tax and reinvestment considerations. With the right approach, you can unlock the inherent value of your gold and pave the way for a brighter financial future.
0 notes
Text
When Japanese Prime Minister Fumio Kishida steps down next month, he will leave Japan with a tightened alliance with the United States and warmer ties with South Korea. But his domestic legacy is far shakier, with a worried public angry about his handling of the economy and unanswered questions about how to fund promised spending to bolster the military and revive a flagging birth rate.
When ruling Liberal Democratic Party (LDP) faction leaders, including former premiers, opted three years ago to back Kishida over his more popular rival as their next leader and hence prime minister, they were betting his experience and consensus-building style would outweigh a lackluster public image.
Kishida, now 67, did lead the party to a strong showing in an October 2021 general election and keep his coalition’s grip on the Japanese parliament’s upper house the next year. But a spate of party scandals and public dismay over rising prices fueled by a weak yen then sent his support ratings tumbling alongside those of the LDP.
On Wednesday, the mild-mannered former foreign minister admitted that his time had run out. Pressured by party lawmakers worried about their prospects in a lower house election that must be held by the end of October 2025, Kishida announced he would not run in a party leadership election next month. The winner of the vote is assured the premiership by virtue of the LDP-led coalition’s grip on parliament.
“In this presidential election, it is necessary to show the people that the LDP is changing and the party is a new LDP,” Kishida said at a press conference where he announced his decision.
But Kishida’s resignation also marks a return to the rapid churn that characterized Japanese leadership before the era of former Prime Minister Shinzo Abe. Kishida is already Japan’s second prime minister since Abe resigned in 2020 after a historic, nearly eight-year term as the country’s longest-serving premier. Abe remained influential until he was shot to death while campaigning in July 2022. Kishida’s predecessor, Yoshihide Suga, bowed out after just one year in the face of cratering support due to his handling of the COVID-19 pandemic.
The rapid turnover of Japanese premiers followed reforms in the 1990s that boosted the role of the prime minister and party label in elections, making lawmakers more reliant on their leader’s popularity. Abe, in his lengthy second term, and his predecessor Junichiro Koizumi (premier from 2001 to 2006) were the exceptions that proved the rule.
Kishida was a core member of Abe’s cabinet as foreign minister, but he took office promising to craft a “new capitalism” that would distribute national wealth more equitably and promote growth as an alternative to his former boss’s trademark “Abenomics” recipe of fiscal spending, hyper-easy monetary policy, and structural reform.
Critics say Kishida’s new capitalism never really took off. “There were changes at the edges, but if you look at it, it was just more fiscal spending and, until recently, appointing someone to the Bank of Japan [governorship] who was committed to keeping rates lower for longer,” said Jesper Koll, an economist and global ambassador for Monex Group, an investment advisory firm.
Those policies had implications beyond Japan’s shores. Bank of Japan Governor Kazuo Ueda jolted global markets last month when the central bank raised interest rates to a 15-year high and signaled its readiness to hike borrowing costs further on growing prospects that inflation would durably hit its 2 percent target.
Kishida also jawboned companies into the biggest wage hike in three decades—5.1 percent for big corporations—but the raises failed to keep pace with inflation due largely to the weak yen. “There was no feel-good factor because of cost-push inflation,” Koll said.
Even as ordinary Japanese struggled with higher prices, they were treated to a widening scandal in the LDP in which dozens of party lawmakers transferred profits from fundraising events to unreported slush funds. That followed on the heels of public outrage over the party’s links to the controversial Unification Church, considered a cult by critics, including Abe’s assassin. Both scandals involved largely members of the LDP faction previously headed by Abe, on whose backing Kishida had relied to win a second-round runoff in the party leadership race in 2021.
The LDP—and Kishida himself—came under heavy criticism for failing to take responsibility for the funding scandal; efforts to restore public trust by sanctioning some lawmakers and revising a political funds control law were perceived as falling far short of needed steps.
“Kishida wanted to do more, but the LDP said ‘no, we’ll engineer an empty gesture,’ and the public saw through that,” said Jeff Kingston, director of Asian Studies at Temple University’s Japan campus.
Kishida’s efforts to tighten security ties with the United States, mend fences with South Korea—long frayed by feuds over the wartime past—and boost defense spending while loosening limits on arms exports won him plaudits from Washington. In December 2022, Tokyo set a new target for military spending over the next five years: 43 trillion yen, or 1.5 times the then-current level. But details on funding, including future tax hikes, remain vague. The same is true for Kishida’s pledge to double spending on childcare by the early 2030s to raise Japan’s sinking birth rate.
Public expectations that higher taxes are indeed on the horizon won the bespectacled Kishida the moniker “four-eyed tax-hiker” from critics online last year, even as he promised a one-off income tax cut of 40,000 yen per person. The tax cut took effect in June but did nothing to stem the decline in Kishida’s approval rating, which hit 25 percent this month.
After a string of losses in local elections, the writing was on the wall for Kishida. He failed to win backing from party heavyweights, ties with whom had frayed over his handling of the slush fund scandal.
The new party leader will be chosen in a vote by party members next month, on a date yet to be set. But whether LDP popularity with the general public will prevail remains to be seen. The main opposition party still lags behind the LDP and has yet to work out how to cooperate with other opposition groups, potentially reducing pressure on the LDP to pick the most popular leader.
The dissolution, at least in name, of most LDP factions in response to the funding scandal, potentially reducing their role in dispersing campaign funds and key posts, makes predictions especially tough. Factional support has been key to victory in past party leadership polls.
Former Defense Minister Shigeru Ishiba, 67, a frequent critic of the party mainstream who has run for the party presidency four times in the past, tops the list in media surveys of preferred candidates but is less popular with lawmakers. Next is telegenic former Environment Minister Shinjiro Koizumi, 43, often followed by Digital Minister Taro Kono, 61, who lost out to Kishida last time.
Other potential candidates include LDP Secretary-General Toshimitsu Motegi, 68, who ranks low in popularity polls but has experience in several cabinet posts. Among possible female challengers are the hawkish Economic Security Minister Sanae Takaichi, 63, and low-profile Foreign Minister Yoko Kamikawa, 71. Former Economic Security Minister Takayuki Kobayashi, 49, has been floated by lawmakers keen for a fresh face.
Whether a new leader will revive the LDP’s tattered fortunes seems likely to depend on who wins, and how, as well as the main opposition party’s struggle to convince the public it can govern. “If it’s a brokered election and they pick a veteran who thinks they’re entitled, a bounce would be short-lived,” Koll said, adding that a generational change could boost support and spark a snap election.
1 note
·
View note
Text
Σε υψηλό 7μηνου το ευρώ - Τα στοιχήματα για τα επιτόκια
Σε υψηλό 7μηνου σκαρφάλωσε τ ο ευρώ απέναντι στο δολάριο, καθώς οι αγορές ποντάρουν τώρα σε μαζικές μειώσεις επιτοκίων από τη Fed, στο φόβο ύφεσης στις ΗΠΑ, ενόψει των προεδρικών εκλογών. Το ευρώ ανέβηκε στο υψηλότερο επίπεδο των τελευταίων επτά μηνών, καθώς ενδείξεις ότι η οικονομία των ΗΠΑ είναι πολύ πιο αδύναμη από ό,τι πιστευόταν προηγουμένως, ενίσχυσαν τα στοιχήματα για μειώσεις επιτοκίων από την Ομοσπονδιακή Τράπεζα των ΗΠΑ, υπονομεύοτας την ελκυστικότητα του δολαρίου. Το κοινό νόμισμα αυξήθηκε έως και 0,9% τη Δευτέρα, φτάνοντας στα $1,1008, το υψηλότερο επίπεδο από τις αρχές Ιανουαρίου. Η άνοδος μειώνει τις απώλειες του ευρώ για το έτος σε μόλις 0,6%, η δεύτερη καλύτερη απόδοση στην Ομάδα των Δέκα. Ενώ η Ευρωπαϊκή Κεντρική Τράπεζα έχει ήδη ξεκινήσει την χαλάρωση της πολιτικής με μείωση επιτοκίων κατά ένα τέταρτο μονάδας τον Ιούνιο, οι επενδυτές στοιχηματίζουν ότι μπορεί να καταλήξει να μειώσει τα κόστη δανεισμού λιγότερο επιθετικά από τη Fed φέτος. Τα swaps υποδηλώνουν περίπου 125 μονάδες βάσης μειώσεων επιτοκίων στις ΗΠΑ φέτος, σε σύγκριση με επιπλέον 80 μονάδες βάσης από τους αντίστοιχους της ευρωζώνης. Η απότομη αναπροσαρμογή στις παγκόσμιες αγορές επιτοκίων ακολουθεί τα πιο αδύναμα δεδομένα για τις θέσεις εργασίας και τη δραστηριότητα στις ΗΠΑ, που πυροδότησαν φόβους ότι η μεγαλύτερη οικονομία του κόσμου βρίσκεται σε πτώση. Αυτό αποτελεί έναν επιπλέον ευνοϊκό παράγοντα για το ευρώ, το οποίο έχει κυρίως παρακάμψει τη δύναμη του δολαρίου φέτος, παρά τις εσωτερικές κινδύνους, όπως το ασταθές πολιτικό σκηνικό στη Γαλλία και η υποτονική οικονομική ανάπτυξη στη Γερμανία. «Η ανθεκτικότητα του ευρώ ήταν μία από τις ξεχωριστές ιστορίες του έτους στις συναλλαγματικές αγορές», δήλωσε η Jane Foley, επικεφαλής στρατηγικής FX στη Rabobank. Σε κάποια στιγμή τη Δευτέρα, η αγορά swaps έδωσε 60% πιθανότητα για έκτακτη μείωση επιτοκίων από τη Fed μέσα στην επόμενη εβδομάδα — πολύ πριν την προγραμματισμένη συνεδρίαση στις 18 Σεπτεμβρίου. Αν και οι πιθανότητες αυτές μειώθηκαν, το στοίχημα αντικατοπτρίζει πόσο ανήσυχοι έχουν γίνει οι επενδυτές. «Αυτό αντικατοπτρίζει την επιθετική αναπροσαρμογή της χαλάρωσης από τη Fed, η οποία αντιπαρατίθεται με τις σχετικά σταθερές προσδοκίες επιτοκίων της ΕΚΤ», δήλωσε ο Valentin Marinov, επικεφαλής στρατηγικής G10 FX στη Credit Agricole. «Νομίζω ότι οι κινήσεις των επιτοκίων των ΗΠΑ αρχίζουν να φαίνονται πολύ υπερβολικές και πιστεύω ότι πολλά από τα αρνητικά που σχετίζονται με τη Fed είναι ήδη τιμολογημένα στο USD». Θολό το τοπίο στην Ευρώπη Η προοπτική στην Ευρώπη, εν τω μεταξύ, είναι πολύ λιγότερο ξεκάθαρη. Οι αξιωματούχοι της ΕΚΤ πρέπει να εξισορροπήσουν την εικόνα της ανάπτυξης στην Ισπανία και την Ιταλία, οι οποίες αποδεικνύονται πιο ανθεκτικές από το μεγαλύτερο μέλος της ευρωζώνης, τη Γερμανία. Μια πρόσφατη επιτάχυνση του πληθωρισμού στη Γερμανία μπορεί επίσης να τους κρατήσει επιφυλακτικούς. «Καθώς πολλή από αυτήν την παγκόσμια 'πανικόβληση' σήμερα οδηγείται από ανησυχίες για την πορεία της Fed, το ευρώ πρόκειται να αποκομίσει κάποιο όφελος από αυτό», δήλωσε η Helen Given, έμπορος συναλλάγματος στη Monex Inc. «Τις τελευταίες εβδομάδες και μήνες, έχουμε δει τη ζώνη του ευρώ να προσπαθεί να ξεφύγει από μια μικρή ύφεση με κάποια επιτυχία, ενώ η οικονομική εικόνα στις ΗΠΑ συνέχισε να επιβραδύνεται». Read the full article
0 notes
Text
Tỷ giá USD hôm nay 17/12: Điều chỉnh nhẹ trong nước
VietinBank và Eximbank giữ nguyên giá mua USD
Tỷ giá trung tâm hôm nay (17/12) được Ngân hàng Nhà nước công bố ở mức 24.270 VND/USD, giảm 2 đồng so với mức niêm yết đầu tuần. Áp dụng biên độ 5%, hiện tỷ giá USD các ngân hàng thương mại được phép giao dịch là từ 23.057 - 25.484 VND/USD.
Tỷ giá mua bán tham khảo tiếp tục được Sở giao dịch Ngân hàng Nhà nước giữ ở phạm vi 23.400 - 25.450 VND/USD.
Tỷ giá USD trong nước sáng nay ghi nhận thêm một phiên điều chỉnh trái chiều với không quá 10 đồng, trong đó Techcombank đã nâng 5 đồng giá mua USD còn các nhà băng còn lại đã giảm 2 đến 10 đồng so với mức niêm yết cùng giờ hôm qua, ngoại trừ VietinBank và Eximbank giữ nguyên giá chiều mua.
Hiện giá chào mua USD nằm trong khoảng 25.153 - 25.200 VND/USD, trong đó Sacombank là nhà băng có giá mua USD cao nhất. Chiều bán USD cùng được ghi nhận tiệm cận mức trần cho phép là 25.483 VND/USD.
Trên thị trường "chợ đen", khảo sát lúc 9h15 sáng nay cho thấy đồng USD hiện được giao dịch ở mức 25.550 - 25.660 VND/USD, giá mua và giá bán không đổi so với mức ghi nhận giờ này hôm qua.
USD tiếp tục tăng giá
Chỉ số USD Index (DXY), thước đo sức mạnh của đồng bạc xanh so với các đồng tiền chủ chốt khác đã tăng lên mức 106,82 theo ghi nhận lúc 7h30 (giờ Việt Nam).
So với phiên trước đó, tỷ giá euro so với USD tăng 0,08%, đạt 1,0522. Tỷ giá đồng bảng Anh so với USD tăng 0,05% lên 1,2692. Tỷ giá USD so với yen Nhật tăng 0,09% ở mức 154,30.
Tỷ giá USD đã dao động gần mức cao nhất trong ba tuần so với các loại tiền tệ chính khác vào hôm qua khi các nhà đầu tư chú ý đến quyết định về lãi suất từ Cục Dự trữ Liên bang (Fed), Ngân hàng trung ương Nhật Bản, Ngân hàng trung ương Anh và các ngân hàng trung ương quan trọng khác trong tuần này.
Theo công cụ FedWatch của CME Group, thị trường tương lai đang kỳ vọng gần 97% khả năng Fed sẽ cắt giảm lãi suất 0,25 điểm cơ bản (bps) vào cuối cuộc họp chính sách vào ngày mai. Lợi suất trái phiếu kỳ hạn 10 năm của Mỹ giảm 0,8 bps xuống còn 4,391%.
Ông Juan Perez, Giám đốc giao dịch tại Monex USA, cho biết đồng bạc xanh đang chịu sự chỉ phối của cả quyết định lãi suất của Fed lẫn những dự báo về lãi suất trong tương lai. Ông cho rằng Fed sẽ tiếp tục nới lỏng, nhưng cũng nhấn mạnh rằng nền kinh tế và lạm phát vẫn có thể khiến ngân hàng trung ương này giảm tốc độ cắt giảm lãi suất.
Đồng yen Nhật (JPY) đã phải vật lộn để phục hồi so với USD sau đợt trượt giá lớn kể từ tháng 9. Reuters và các hãng tin khác đưa tin Ngân hàng Nhật Bản (BOJ) có khả năng sẽ giữ nguyên lãi suất vào cuối cuộc họp chính sách thứ 5 này.
Hoạt động kinh doanh tại khu vực đồng euro đã chậm lại trong tháng này và Chủ tịch Ngân hàng Trung ương Châu Âu Christine Lagarde đã thông tin rằng ECB sẽ cắt giảm lãi suất thêm nếu lạm phát tiếp tục giảm xuống mức mục tiêu 2%.
Ngân hàng Anh dự kiến sẽ công bố quyết định chính sách chỉ vài giờ sau BOJ. Các ngân hàng trung ương khác công bố quyết định lãi suất trong tuần này bao gồm Riksbank của Thụy Điển và Norges Bank của Na Uy.
Xem chi tiết: https://vietnambiz.vn/ty-gia-usd-hom-nay-1712-len-gia-truoc-quyet-dinh-chinh-sach-quan-trong-20241216215716753.htm
0 notes
Text
Monex: Pioneering Precious Metals Trading and Investment
Monex: Pioneering Precious Metals Trading and Investment
Monex is a leading name in the precious metals market, offering a comprehensive suite of services for both individual and institutional investors. Founded in 967, Monex has built a reputation for providing reliable and transparent trading in gold, silver, platinum, and palladium.To get more news about Monex, you can visit our official website.
One of Monex's standout features is its real-time pricing and live market data, which allows investors to make informed decisions based on the latest market trends. The platform offers interactive charts and historical price data, giving users a detailed view of market performance over time.
Monex also provides a wide range of bullion products, including gold and silver bars, coins, and rounds. Investors can choose from various sizes and weights, ensuring flexibility and convenience in their investment strategies.
In addition to trading, Monex emphasizes education and support for its clients. The company offers resources such as webinars, market analysis, and personalized consultations to help investors navigate the complexities of the precious metals market.
With a commitment to integrity and customer service, Monex continues to be a trusted partner for those looking to invest in precious metals. Whether you're a seasoned investor or just starting out, Monex provides the tools and expertise needed to succeed in the precious metals market.
0 notes
Text
The Potential Impact of the UK Election on the Pound's Stability
The British pound has surged in anticipation of a projected landslide victory for the opposition Labour Party. However, the currency’s future hinges on the new government convincing wary investors of its ability to effectively address the stagnant economy. The UK's public debt-to-GDP ratio is at a 63-year high, and foreign direct investment has decreased in four of the last five quarters up to the end of 2023. To avoid spending cuts, Labour will need to increase taxes or borrowing, as noted by the Institute for Fiscal Studies (IFS). Investors will closely scrutinize the new government’s strategies to address these challenges. The risks for sterling are asymmetrical because the currency has already factored in a strong Labour majority that could boost Britain’s growth. A less stable political scenario could significantly weaken and increase the volatility of sterling, according to Costas Milas, a finance professor at Liverpool University. Labour, led by Keir Starmer, holds a 20-percentage-point lead over the ruling Conservatives in recent polls. Once a global reserve currency, sterling is now trading below its per-dollar average of the four decades before 2016. However, at around $1.27, it has outperformed major peers this year. The pound has rebounded sharply from its record low of $1.03 in 2022, caused by former Conservative Prime Minister Liz Truss’s poorly funded mini-budget, which triggered a bond market rout, increased debt costs, and exacerbated inflation. This volatility has led to the pound being nicknamed the "great British peso," drawing comparisons to risky emerging markets. This instability has adversely affected the UK economy, creating a negative feedback loop. Milas’ research indicates that economic policy uncertainty in Britain since 2016 has directly caused financial market stress, including increased exchange rate volatility, which in turn has hindered economic growth. Analysts suggest that a Labour government with predictable, market-supported policies could reverse this cycle. "If Labour follows a fiscally responsible playbook, it would greatly support sterling," said Guillermo Felices, global strategist at PGIM Fixed Income. "The recent strength in sterling is ultimately about anticipated stability," added Michael Field, a strategist at Morningstar. Financial markets anticipate that the Bank of England and the European Central Bank will implement comparable rate cuts this year. However, Labour’s exact fiscal policies remain unclear. The IFS recently criticized both Labour and the Conservatives for their pre-election manifestos, which avoided addressing major tax and borrowing questions, creating a "knowledge vacuum." Analysts predict sterling will rise to $1.2875 in the next 12 months on average, according to LSEG data, though there are risks further out. Labour, out of power for 14 years, is eager to shed its image as a tax-and-spend party. Simon Harvey, head of FX research at Monex Europe, noted that currency traders are optimistic about sterling in the short term because UK government finances limit Labour's ability to overspend. However, if UK economic growth improves, there remains a risk that Labour could veer too far left, potentially unsettling long-term investors, Harvey warned. Pictet Asset Management's senior economist Nikolay Markov suggested that Labour might pursue heavy investment, which could prove inflationary and negatively impact UK bond markets and sterling. Britain has faced higher inflation than other G7 countries, with annual price rises peaking at 11.1% in 2022. Oxford Economics calculated that a 10% depreciation of sterling would add 1.3 percentage points to UK consumer price inflation over two years. Starmer has proposed investment in housing and infrastructure, echoing U.S. President Joe Biden’s policies, but on a smaller scale. Giles Wilkes, an Institute for Government fellow and former adviser to Prime Minister Theresa May, described it as a budget version of Bidenomics. Roger Bootle, a former economic adviser to 1990s UK finance minister Kenneth Clarke, believes Starmer’s finance chief, Rachel Reeves, will likely "keep spending tight." However, Dario Perkins, head of macro at TS Lombard and former Treasury adviser, warned that if Labour cuts public services too much, disillusioned voters might turn to populist parties, dampening hopes of the UK rebuilding trade links with Europe. Read the full article
0 notes
Text
0 notes