Japan will ban the entry of non-Japanese people from the United Kingdom from Thursday following the emergence of a highly infectious new coronavirus strain, top government spokesman said on Wednesday. Countries across the globe shut their borders to Britain on Monday due to fears about the new strain. "The government will take border control steps [...]
AUD/USD drops to the fresh low of the day, during the early Tuesday. In doing so, the aussie pair ignores the upbeat prints of Australia’s November month Retail Sales figures while taking clues from the mild risk-off mood amid an easy session. As per the Preliminary readings, Australia’s Retail Sales jumped 7.0% MoM versus 1.4% [...]
Heading into the Christmas-holiday shortened week, the concerns over the corona virus contagion have intensified, especially after a new covid strain was found in the UK. Italy announced late Sunday that it had confirmed a COVID-19 case in the country, which had the new variant detected in England. UK PM Boris Johnson described the variant [...]
The Bank of Japan (BOJ) left its monetary policy setting unchanged after concluding its two-day September monetary policy review meeting on Friday. The central bank left the key rate steady at -10bps while maintaining a 10yr JGB yield target at 0.00%. Japan’s government raised the FY2021 GDP estimate +4.0% from the previous forecast of +3.4% [...]