![]() Seoul led the day’s gains in Asia, rising by 2.7 per cent on Tuesday. In Tokyo, stocks closed higher yesterday, with investors ending the session by tempering some of the gains with caution at the Nikkei’s rise over recent days.īrokerage Okasan Online Securities said investors were looking “to square their positions” ahead of the US CPI data being released. Last week, the European Central Bank also adopted a policy of monetary tightening, raising its key rate by a historic 75 basis points, with analysts expecting a similar-sized increase at the next policy meeting in October. “Risks remain skewed to the upside, due to an uncertain outlook for key inputs, including agricultural and energy commodities, as well as the pass-through of wage gains in a tight labour market,” according to Barclays US analysts Pooja Sriram and Jonathan Hill. While the overall US inflation number is expected to slow, prices for food and housing are projected to have increased, raising the strain on household budgets. Currency traders and an employee watch computer monitors near the screens showing the foreign exchange rate between the US dollar and South Korean won, and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a foreign exchange dealing room in Seoul, South Korea. The Fed has already instituted two consecutive rate hikes of that amount, and in recent days bank chief Jerome Powell has indicated the increases will continue until inflation is tamed. ![]() US inflation hit a 40-year high in June, touching 9.1 per cent.Įasing inflation, however, is unlikely to slow the pace of the US Federal Reserve’s tightening of monetary policy, with another 75-basis-point interest rate hike expected at its meeting next week. US consumer price index (CPI) data was released yesterday, with analysts expecting inflation to slow to eight per cent, driven mostly by falling gasoline prices. Hong Kong shares edged lower at the close, erasing modest gains made earlier in the day. Stocks rose in Japan, Australia, Singapore and Taiwan, with South Korea and Shanghai also gaining after re-opening following a public holiday. 10 minutes there - over a few years those countless hours could have been spent making more tracks, finding more fans, and making more money.HONG KONG (AFP) – Asian stocks largely continued a global rally yesterday, ahead of the release of key United States (US) consumer price data that is expected to show slightly slowing inflation in the world’s largest economy. Every single minute from here on out that you spend figuring out keys and BPMs isn’t necessary anymore, and that time has a cost. The earlier you start using Mixed In Key Live, the more valuable it becomes. It’s a tool that augments your workflow and speeds up your creativity. It eliminates the minutes you spend on something as basic as figuring out the BPM and key. ![]() Saving musicians time is why we collaborated with KSHMR on Mixed In Key Live. ![]() It lets you conserve your creative energy and put it toward what actually matters: making more music. When you’re a professional producer and DJ, cutting down the time you spend on the least creative aspects of your workflow frees you up to do more of what’s important. Legendary producer, DJ, songwriter, and musician KSHMR came to us with an idea: could we build a tool that eliminates the time he wasted pitch and BPM matching? It’s not that identifying BPMs and keys is difficult, it just takes time.
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