China's metals traders offload stockpiles as bleak demand outlook bites | World Business Watch

Name: Chinas metals traders offload stockpiles as bleak demand outlook bites | World Business Watch
Uploaded: 2024-06-26T02:45:04+08:00
Description: Chinas metals traders offload stockpiles as bleak demand outlook bites | World Business Watch

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2024-06-26

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On Monday, after the results of the Japanese Senate election were announced, market sentiment took a 180-degree turn. The yen continued to hit a 24-year low and the Japanese stock market rebounded sharply. - DayDayNews
62 years later, his grandson, another former Japanese Prime Minister Shinzo Abe, did not survive. On the morning of July 8, 2022, Shinzo Abe was shot during a public speech in Nara, Japan. He was pronounced dead after being sent to the hospital for rescue. He was 67 years old. - DayDayNews
In the past 20 years, our understanding of the currencies of various countries has been that the euro is "more expensive" than the U.S. dollar. But in the magical year of 2022, the euro has fallen to its lowest level in 20 years. - DayDayNews
Two days after the assassination of former Japanese Prime Minister Shinzo Abe, Japan held its 26th Senate election on July 10. The ruling Liberal Democratic Party won a landslide victory, taking 63 of the 125 seats. On the morning of July 11, the yen accelerated its depreciation - DayDayNews
Recently, the Japanese yen exchange rate has fallen for 14 consecutive trading days, and its exchange rate against the RMB briefly exceeded the 20 mark on April 20, setting a record for the longest losing streak in nearly half a century. - DayDayNews
The Japanese yen was boosted by the speech of the Bank of Japan president today. At around 3 p.m., USD/JPY suddenly broke through the 126 yen mark, the lowest value since May 17, 2002. - DayDayNews
According to a report by Japan's Kyodo News on July 14, according to major banks, the yen-dollar exchange rate in the Tokyo foreign exchange market in early trading on the 14th once fell to above 138 yen per U.S. dollar, hitting a 24-year low since September 1998. In view of mark - DayDayNews
The Japanese yen depreciated against the U.S. dollar in the foreign exchange market on July 11, reaching a low of 137 yen per U.S. dollar, which was the weakest level in the past 24 years since September 1998. - DayDayNews
Cover News Reporter Zhu Ning As of press time on July 11, the Japanese yen fell 0.69% against the U.S. dollar to 137.022 yen per U.S. dollar. In the morning, the yen once fell below the 137 mark against the US dollar to 137.12, the lowest since 1998. - DayDayNews
The Japanese yen exchange rate fell below 1 US dollar = 139 yen again for the first time in about 24 years, with a minimum of 139.389 yen. If you deposited 10 million yen in the Bank of Japan at that time and withdraw it now, you will lose 345,000 yuan directly. - DayDayNews

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