Energy News
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Swiss National Bank President Thomas Jordan earned a salary of 951,700 Swiss francs ($1.1 million) in 2023, making him one of the world’s best paid central bank chiefs. That compensation is an increase of about 2.5% from the previous year, according to Bloomberg calculations based on the annual report published Tuesday. His total remuneration came to ...
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Canada's prime minister says he frequently thinks about leaving his "crazy job" but plans to stay on through another election. Justin Trudeau has faced growing questions about his political future, with polls suggesting he is increasingly unpopular among Canadians. In an interview with broadcaster Radio-Canada, Mr Trudeau also spoke about personal ...
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As carbon capture, utilisation, and storage (CCUS) gathers pace, this technology looks set to become a key element of a net zero future. Responsible producers of carbon intensive materials including cement, steel, chemicals and energy-related sectors, and the governments and investors who back them, are now investing in CCUS as a carbon-abatement technology ...
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post: BOJ'S GOVERNOR UEDA: RECENT DATA SHOWS A VIRTUOUS ECONOMIC CYCLE STRENGTHENING. post: BOJ'S GOVERNOR UEDA: PRICE TARGET IS NOW IN SIGHT. post: BOJ'S GOVERNOR UEDA: ACCOMMODATIVE CONDITIONS WILL FIRMLY UNDERPIN THE ECONOMY AND PRICES. post: BOJ'S GOVERNOR UEDA: WE DON'T EXPECT DEPOSIT RATES AND LENDING RATES TO SPIKE FOLLOWING TODAY'S DECISION. post: BOJ'S GOVERNOR UEDA: WE WILL SET SHORT-TERM INTEREST RATES JUST LIKE OTHER CENTRAL BANKS THAT USE SHORT-TERM RATES AS POLICY TOOL.
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Natural gas has formed lower highs and higher lows to form a symmetrical triangle pattern on its hourly time frame. Price just bounced off support and might be due for another test of resistance. Technical indicators are looking mixed. The 100 SMA is below the 200 SMA to suggest that the path of least resistance is to the downside or that resistance is more ...
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Canada's prime minister says he frequently thinks about leaving his "crazy job" but plans to stay on through another election. Justin Trudeau has faced growing questions about his political future, with polls suggesting he is increasingly unpopular among Canadians. In an interview with broadcaster Radio-Canada, Mr Trudeau also spoke about personal ...
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The yen dwindled near the 150 per dollar level on Tuesday but held its ground ahead of a pivotal policy decision from the Bank of Japan (BOJ), while the U.S. dollar towered over ...
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Chinese officials announced upbeat numbers on the economy, however the sagging property sector remains a drag on data as well as wider confidence about the country's recovery, ...
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At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation continues to moderate but remains high. Recent information suggests that inflation continues to moderate, in line with the RBA’s latest forecasts. The headline monthly CPI indicator was steady at 3.4 per cent over the year to January, with momentum easing over recent months, driven by moderating goods inflation. Services inflation remains elevated, and is moderating at a more gradual pace. The data are consistent with continuing excess demand in the economy and strong domestic cost pressures, both for labour and non-labour inputs. Higher interest rates are working to establish a more sustainable balance between aggregate demand and supply in the economy. Accordingly, conditions in the labour market continue to ease gradually, although they remain tighter than is consistent with sustained full employment and inflation at target. Wages growth picked up a little further in the December quarter, but appears to have peaked with indications it will moderate over the year ahead. Nevertheless, this level of wages growth remains consistent with the inflation target only on the assumption that productivity growth increases to around its long-run average. Inflation is still weighing on people’s real incomes and household consumption growth is weak, as is dwelling investment. The outlook remains highly uncertain. While there are encouraging signs that inflation is moderating, the economic outlook remains uncertain. The December quarter national accounts data confirmed growth has slowed. Household consumption growth remains particularly weak amid high inflation and the rise in interest rates. After recent declines, real inc post: <AUD=>: *RBA LEAVES CASH RATE TARGET AT 4.35% *RBA: INFLATION CONTINUES TO MODERATE BUT REMAINS HIGH *RBA SAYS WAGE GROWTH LEVEL CONSISTENT WITH INFLATION TARGET post: RBA: ACCORDINGLY, CONDITIONS IN THE LABOUR MARKET CONTINUE TO EASE GRADUALLY, ALTHOUGH THEY REMAIN TIGHTER THAN IS CONSISTENT WITH SUSTAINED FULL EMPLOYMENT AND INFLATION AT TARGET post: RBA: WHILE THERE ARE ENCOURAGING SIGNS THAT INFLATION IS MODERATING, THE ECONOMIC OUTLOOK REMAINS UNCERTAIN #News #Markets #RBA #ECONOMIC #INFLATION #live
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post: BoJ Governor Ueda Proposes As Chair Ending Negative Rates - NHKBank of Japan Governor Ueda proposes lifting of negative interest rate policy The Bank of Japan is holding its second day of monetary policy decision-making meetings today, and Governor Ueda has just proposed a proposal for a major shift in monetary easing measures, such as lifting the negative interest rate policy, and has begun to summarize the discussion. We plan to announce the decisions made at the meeting soon, and if we end negative interest rates and raise interest rates, it will be the first time in 17 years. At today's second-day meeting, nine policy committee members, including Governor Ueda, are discussing the immediate direction of policy management. Governor Ueda, who is currently serving as chairman, proposed a proposal for a major shift in monetary easing measures, including the lifting of the negative interest rate policy, and the discussion began. It also appears that discussion
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At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan assessed the virtuous cycle between wages and prices, and it judged it came in sight that the ...
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WTI crude oil has formed higher lows and slightly higher highs inside an ascending wedge pattern on its hourly time frame. Price is testing the wedge resistance around $82 per barrel and might be in for another dip. The wedge support is around the $80 per barrel major psychological mark, so buyers might be keen to defend this strong floor. Also, the 100 SMA ...
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Natural gas has formed lower highs and higher lows to form a symmetrical triangle pattern on its hourly time frame. Price just bounced off support and might be due for another test of resistance. Technical indicators are looking mixed. The 100 SMA is below the 200 SMA to suggest that the path of least resistance is to the downside or that resistance is more ...
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Barchart, a provider of technology, data and workflow solutions for commodity firms and agribusinesses, announces the launch of integrated Bid, Offer and Hedge management in cmdtyView. cmdtyView is Barchart’s flagship market intelligence, analysis and risk management platform for commodity merchandisers, traders, brokers and analysts. With this release, ...