The Labour Govt of 7 months has worked very hard to re-establish trade relationships with China, after the previous Liberal Govt's policy of throwing stones at China and hiding behind the US.
Particularly, Foreign Affairs Minister Penny Wong has been tireless in her efforts. Sentiment has changed locally
The RBA has one chance left to win back foreign investors
UBS strategist Giulia Specchia says investors hate surprises, and the Reserve Bank should therefore aim to be as predictable as possible if it wants international investors to return as buyers of Australian government debt.
New BOJ Governor April
TOKYO, Jan 8 (Reuters) - Japanese Prime Minister Fumio Kishida said on Sunday his government and the central bank must discuss their relationship in guiding economic policy after he names a new Bank of Japan (BOJ) governor in April.
Harald Malmgren vai Twitter
A new BOJ Governor April 1 might shock global bonds. My intel: Arguably most influential former Governor Fukui, whom I have known since Greenspan&Trichet days, strongly promoting Yamaguchi, openly hawkish Kuroda critic. Possible BOJ shock wave coming?
https://twitter.com/Halsrethink/status/1611329196441190400?s=20&t=WMFNh_cdF1wmhVFsqtsRTw
U.S. can avoid a recession because of this crucial indicator, says Fed official
A sharp decline in the M2 measure of the US money supply could be good news for policymakers in their efforts to bring high inflation under control, St. Louis Fed President James Bullard said.
https://apple.news/AYInErPEsTpqRXR5rX1V5vw
"Markets are wrong to think things will return to normal": Larry Summers
https://apple.news/AJQeEzXluQLeooKX_Ld6SUw
Dec US Nonfarm Payroll
Average Hourly Earnings (MoM) (Dec) 0.3% - Ex 0.4% Prev 0.4%
Average Hourly Earnings (YoY) (Dec) 4.6% - Ex 5.0% Prev 4.8%
Nonfarm Payrolls (Dec) 223K - Ex 200K Prev 256K
Participation Rate (Dec) 62.3% - Prev 62.2%
Private Nonfarm Payrolls (Dec) 220K - Ex 180K Prev 202K
Unemployment Rate (Dec) 3.5% - Ex 3.7% Prev 3.6%
Fed’s Kashkari Favors Raising Rates Another Point, Then Pausing