- United States impose duties on goods from the EU amounting to $ 7.5 billion
- Bank of Japan may take preventive measures to mitigate the monetary policy
- The yield on 10-year Treasuries has updated the 3-week lows
In the WTO, environment has allowed the United States to impose duties on European products worth $ 7.5 billion. In response to subsidizing Brussels by Airbus. Today, the US Treasury issued a formal statement from which it follows that from 18 October the United States imposes customs duty of 10% for agricultural products from the EU and 25% in the number of manufactured goods. A full list of products will be presented tonight.
Today, one of the members of the Board of the Bank of Japan Yukitosi Funo said that in the near future, the regulator can take preventive measures to mitigate the monetary policy. These statements reflect the opinion of the head of Bank Haruhiko Kuroda, who had previously said that if the momentum of inflation to the target level of motion is lost control immediately take steps to mitigate the monetary policy. The next meeting of the Bank of Japan will be held October 30-31.
The yield on 10-year US Treasury updated 3-week lows against the publication of weak economic statistics and the deteriorating economic outlook. Now auctions are held in the mark of 1.577%, against 1.651% on Tuesday. According to CME Group, now the market has estimated the probability for at least one Fed to cut interest rates this year at 86%
News, which you should pay attention today:
8:30 GMT. United Kingdom: the index of business activity in the services sector (PMI) for September
14:00 GMT. USA: index of business activity in the non-manufacturing sector (PMI) from ISM for September
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