No Data
Safe-haven currencies under market panic: Yen, Swiss Franc, and Gold.
According to data from Deutsche Bank, hedge funds have increased their buying intensity for safe-haven currencies (yen and Swiss franc) in the past two weeks, while real money investors continue to buy Gold in large quantities, the euro maintains a moderate buying trend, and the Inflow of commodity currencies shows a divergent trend.
The Governor of the Bank of Japan warns: Trump's 'reciprocal tariffs' could severely damage global trade and the economy!
① The Governor of the Bank of Japan, Kazuo Ueda, stated that the "reciprocal tariffs" soon to be announced by President Trump of the USA could have a significant impact on global trade and adversely affect Global economic growth; ② Ueda hopes to share views with G20 finance ministers at this month's G20 finance minister meeting in Washington regarding the impact that the USA's tariff increases may have on the Global economy.
Yen - the "best choice" to hedge against a recession in the USA and tariffs?
Goldman Sachs believes that the Japanese yen performs best when USA's real interest rates and the USA stock market both decline. It is expected that the yen will rise to the lower end of the 140 Range this year, increasing by about 7% from the current level. A series of upcoming USA economic data is also expected to strengthen the yen. In addition, analysts state that rising tariff risks and narrowing USA-Japan interest rate differentials are expected to be Bullish for the yen.
The Governor of the Bank of Japan warns that U.S. tariffs may impact global trade, and the G20 meeting may focus on the risks of economic growth.
During a speech in the National Diet, the Governor of the Bank of Japan, Kazuo Ueda, warned that the USA's planned widespread tariffs could severely disrupt the Global trade order and bring varying degrees of impact on the economies of different countries. "The impact of the USA's tariff policy on the Global economy is highly uncertain, but if it involves a broad scope, it could have significant effects on trade activities of various countries." — Kazuo Ueda, Governor of the Bank of Japan. US President Trump is set to announce new tariffs on Wednesday evening, including a 25% tariff on imported Autos, along with a series of higher tariffs on Commodities from major Asian countries. A White House spokesperson stated that these tariffs will take effect immediately. Kazuo Ueda also strongly...
"King of Tariff Evasion," Goldman Sachs selects the yen.
The Global tariff war has begun, and Goldman Sachs' Global Forex chief stated: "The yen is the best MMF to hedge against the downturn in USA growth!"
The issuance of specially-injected government bonds is imminent, with fiscal and MMF coordination making efforts.
On April 2, Gelonghui | According to China Securities Journal, starting this month, the Ministry of Finance will successively issue special national bonds worth 500 billion yuan to support Bank Of China, China Construction Bank Corporation, Bank Of Communications, and China Postal Savings Bank in replenishing their core tier one capital.