News Flash! Advantages of Incorporating News Into your Trading Strategy


Dear clients,

Unless you are insider, investor or a corporate spy, news are the primary source of information on the market. However, that's only one way to use them. This time, we'll be looking at news strategy and why you should incorporate news into your strategy.

Join us on April 26 at 12:00 GMT.

During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news.

Soft Shell. Bank of Japan policy

Bank of Japan Governor Kazuo Ueda on Tuesday stressed the need to maintain a super-loose monetary policy for the time being, but pointed to the possibility of raising interest rates if inflation and wage growth exceed expectations.

“In light of the current economic, price and financial developments, it is appropriate to maintain monetary easing, which is currently being implemented through yield curve control,” Ueda told parliament.

The shape of the Japanese bond yield curve has normalized in part due to falling global yields, Ueda said in response to an opposition lawmaker's question about the drawbacks of prolonged monetary easing.

Ueda reiterated the need to maintain Japan's monetary easing in order to achieve the Bank of Japan's 2% inflation target in a sustainable and stable manner, accompanied by wage increases.

“But if wage growth and inflation accelerate faster than expected and require monetary tightening, the Bank of Japan is ready to respond, for example by raising interest rates,” the governor said.

Ueda's comments come ahead of a two-day BOJ policy meeting starting Thursday, the first meeting he has chaired since he took over the bank earlier this month.

Markets are full of speculation that Ueda will direct the Bank of Japan to phase out his predecessor Haruhiko Kuroda's massive stimulus that has drawn criticism for distorting market prices and hurting financial institutions' profits.

In a sign that he's in no rush to raise rates, Ueda said tightening monetary policy now could push down future inflation, which is already slowing amid peak import costs.
Written by code. Google's Bard Chatbot Update


Google said Friday it will update Bard, its generative artificial intelligence (AI) chatbot, to help people write code for software development as the tech giant seeks to catch up in the fast-paced AI technology race.

Last month, the company began publicly releasing Bard to win back ground from Microsoft Corp.

The release of ChatGPT, a chatbot from the Microsoft-backed startup OpenAI, sparked a leap in the tech sector last year to put AI in the hands of more users.

Google describes Bard as an experiment to collaborate with generative AI, a technology that relies on past data to create rather than identify content.

Bard will be able to code in 20 programming languages, including Java, C++ and Python, as well as help debug and explain code to users, Google said on Friday.

Bard can currently be accessed by a small set of users who can chat with the bot and ask questions instead of using the traditional Google search tool.

The initial launch of the product was rather unsuccessful due to mistakes and poor impression. Last week, it was reported that Samsung and Apple may be phasing out Google Search in favor of Microsoft's AI-powered Bing. This has become an additional incentive for the introduction of AI technologies in Google products.