Asia's Friday Economic & Event Calendar: BoJ and RBA in Focus
Asia's Friday calendar features Japan's August CPI and a BoJ rate decision, plus RBA Governor Bullock speaking. A hike is widely expected.
Asia's Friday calendar features Japan's August CPI and a BoJ rate decision, plus RBA Governor Bullock speaking. A hike is widely expected.
The Fed and BOJ are poised for possible same-week rate hikes, with 89% of economists expecting a BOJ boost to 1.25%, its highest in 30 years.
Japan's July machinery orders fell 3.7% m/m, missing forecasts, while August trade deficit widened to 1105.6B yen, complicating BoJ policy.
Shipping costs for US crude to Asia have surged to record levels amid Middle East supply disruptions. Asian refiners continue to buy US barrels despite higher…
Goldman Sachs expects the Bank of Japan to hike this week and accelerate tightening, boosting yen but pressuring Nikkei.
The Bank of Japan is widely expected to hike its policy rate to 1.25%, the highest since 1995, while bitcoin remains stable ahead of the decision.
Central banks in the U.S., U.K., and Japan meet this week, along with key inflation data from Canada, the U.K., the U.S., Japan, and the Eurozone.
The yen has risen nearly 4% this month ahead of Fed and BOJ meetings, with rate decisions set to determine its next move.
The BOJ is set to raise rates by 25bp next week, but the central bank gives no clear signal on further hikes, leaving markets focused on pace and terminal rate.
Japan's wholesale inflation stayed hot in August, reinforcing expectations that the Bank of Japan will raise rates next week.
Markets see high odds the ECB, Bank of Japan and Federal Reserve all raise rates this month, with the Fed's decision hinging on Friday's CPI report.
Gold held near $4,400 and oil traded flat. BOJ's Masu signaled further rate hikes, while Trump proposed $5,000 checks. Germany moved to end crypto tax…
BOJ board member Masu says underlying inflation near 2%, warns weak yen and rising costs could force faster rate hikes.
Treasury Secretary Bessent claims inside knowledge on yen policy, stoking questions about BOJ independence and market risks.
Treasury Secretary Bessent dares traders to bet against a stronger yen, citing coordination with Japan.