It is difficult to imagine our life. On april 20 , 1967, the state quality mark was officially established in the soviet union. In order to stimulate improvements in the quality and efficiency of social production. The first in the soviet union to receive this badge of honor was the product of the belarusian enterprise of union significance in grodninsky. Nitrogen fertilizer marked the beginning of the creation in grodno of an entire center of the republics Chemical Industry. At first in the seventies, the chem fiber plant was created and produced the first batch of synthetic fiber. Another azot chemistry enterprise began producing muchneeded household chemicals, liquid fertilizers, and various types of consumer goods. The time of great chemistry marked the beginning of the construction of Large Industrial enterprises in almost all regions of the republic, the products of which , decades later, are still in demand, recognizable in the world, and grodnonitrogen is still among the leader
Japanese yen holding fairly steady. We saw that kneejerk reaction overnight and we had local immediate reporting they would exit away from negative policy settings next week the focus on those union group negotiations. Nomura saying the wage hike is likely to be around the 5. 1 range. This is the state of play so far. Yen strength, we have seen it putting pressure on japanese stocks and we saw the miners outperforming yesterday. It will be interesting to see how that sub index performs today considering we are seeing iron ore going down. Equities more broadly so far under pressure ahead of the boj meeting that concludes early next week. Lets take a look at the outlook for career, very much driven by wall street. Further weakness. It was that focus on the fed and the message or the takeaway perhaps from the ppi data, we had further data around resilience in the labor market. Perhaps the fed can afford to take its time when it comes to cutting rates as we saw moves higher for treasury yi
, Alexander Lukashenko agreed on the appointment of the leadership of the Minsk Regional Executive Committee and two regional executive committees in karelichi and berezensky. The head of state emphasized the work of managers. In general, more responsibility and initiative are needed from every belarusian. At the same time, the president emphasized the task of the authorities is to organize people, create conditions for them to participate in the improvement of the territory where they live. Guys, take this guidance very seriously. Order, force, teach, demand that people make their plots themselves, i dont understand, that means he doesnt serve the plot, that means this plot needs to be transferred to someone else, there must be a serious, tough attitude in this regard, land, household and other plots should not be empty, there should be no weeds there, a village should be a village, even if three people live there, if it is not promising socalled. I want to somehow promote you, as peo
Take a look at equities trending in the opposite direction. Annabelle that is right, you have got the stage set for u. S. Stocks or japanese stocks by wall street. We had the slump into the close on friday, so a mixed jobs report coming out, but the expectations of the fed will be set by the arrest inflation print due tuesday they could show acceleration, certainly telling us is that i will powell unlikely to have the base case to turn firmly dovish. Seeing both the topix and nikkei225 dropping more than 1 so far and we are tracking tech stocks in particular. There is the u. S. Side and what is happening with the japanese yen, because you are strengthening again, it gains against the past four weeks, back below the 147 mark. We had been trending around 150 for quite a period, but the numbers we are tracking today is all about japan escaping technical session in the latest period so gdp expanding annualized at 0. 4 reversing a retreat that initially had to been reported, so something to
Welcome to daybreak australia. I am how he stroudwatts haidi stroudwatts. I am animal jewelers in tokyo. Annabelle droulers in tokyo. Jay powell again signaling rate cuts will happen this year. The fed chair suggesting significant changes to the capital plans fiercely opposed by wall street banks. Haidi struggling lender n. Y. C. B. Getting a vote of confidence. Annabelle chinas top economic officials defend their ambitious target and hint at a liquidity boost to help get there. Haidi lets get you straight to the markets. A pretty reasonable set up in asia and we have a bit of downside as we get into the first part of the staggered trading session here in sydney, about. 2 author straight into the middle of trade. We are expecting a rise across the region. Interest rates will likely fall this year. Theres been so much managing of excitation 10 excitations in terms of the timing and the extent of easing we can expect from the fed and we have seen some of that drastic repositioning within