Asia Pacific Close
View:
April 16, 2024 5:18 AM UTC
Asia Session
While Japanese cabinet's Suzuki and Hayashi both seems to have escalated their rhetoric against the JPY weakness, the broad USD strength seems to be in the driver seat. No doubt the pace of JPY weakness has been rapid and we are getting closer and closer to the intervention zone, the lan
April 10, 2024 6:16 AM UTC
RBNZ kept rates unchanged at 5.5% and suggest OCR to stay restrictive for a sustained period of time
BoJ Ueda anticipates accommodative financial conditions will be maintained for time being
BoJ Governor Ueda says won't change monetary policy just to deal directly with FX moves
April 4, 2024 6:22 AM UTC
Asia Session
The antipodeans are the standout performer against the USD as the greenback trade broadly softer. The Australian service PMI continue to show the strength of Australian services sector, which has been highlighted by the RBA, a critical factor in the high inflation picture in Australia. W
March 18, 2024 5:16 AM UTC
Asia Session
The BoJ meeting will be conducted from Monday to Tuesday and market participants should be ready for any "leaks" coming out as they will be market moving. Some big names are forecasting a hike in the March meeting but we feel like the BoJ is in no rush to hike with headline CPI moderatin
March 12, 2024 5:17 AM UTC
Japan’s finance minister Suzuki thought it was too early to say deflation was beaten and also not at a stage where Japan can avoid the risk of falling back into deflation
Ueda emphasis again the Bank needs to see wage talk results before any policy change