📰 Flash Market News 🇯🇵🇨🇳🇺🇸
🇯🇵 The BOJ is ready to raise its rates from 0.5% to 0.75% in December, according to government sources. Markets anticipate this increase at ~80%. 📈
🇨🇳 China is slowing the appreciation of the Yuan: the fixing is set at 7.0733 (164 pips weaker than expected, the largest downward gap since 2022). State banks are buying dollars to stop the rally towards 7.00. 🔽
🇺🇸 Trump may appoint Scott Bessent (Secretary of the Treasury) also as director of the NEC if Kevin Hassett is designated Chairman of the Fed in early 2026.
🧲 Salesforce raises its revenue forecasts due to strong demand for its AI products ($1.4 billion in annual recurring revenue for AI). Stock at $238.72.
🛢 ExxonMobil plans to permanently close one of its cracking units in Singapore (Jurong Island) starting in March. Stock at $133.78.
📅 TODAY'S CALENDAR
🇺🇸 Weekly jobless claims: 16:30 GMT+3 (13:30 GMT)