When is the Bank of Japan and how might USD/JPY react?
The Bank of Japan is scheduled for today and should be expected any time from
EUR/SEK: Relative monetary policy will remain a negative for the Swedish Krona in 2023 – Danske Bank
Analysts at Danske Bank see short-term risks in EUR/SEK titled to the upside. On a
Canada: Inflation is easing, but BoC will likely rise one more time – CIBC
Data released on Tuesday showed lower-than-expected inflation numbers in Canada. Analysts at CIBC point out
Fed to consider reducing rates when US reaches 3.0% inflation range – Morgan Stanley
As markets await the key US Retail Sales and Producer Price Index (PPI) data for
EUR/USD: Risks to Q1-2024 target of 1.13 are tilted to the upside – Wells Fargo
A more resilient Eurozone economy and a more hawkish European Central Bank offer support for
Germany’s Habeck: Recession could be only very short and not very deep
In an interview with WELT TV on Tuesday, Germany’s Economy Minister Robert Habeck said that
Germany’s ZEW: Assessment of the economic situation has also improved further, but only slightly
Following the release of the business sentiment surveys, Germany’s Zentrum für Europäische Wirtschaftsforschung (ZEW) said that
BoJ Preview: To stand pat after December’s surprise tweak – ING
Economists at ING Bank believe that the Bank of Japan (BoJ) will stand pat at
US: NY Fed Empire State Manufacturing Index slumps to -32.9 in January vs. -4.5 expected
NY Fed Empire State Manufacturing Index dropped sharply in December. US Dollar (USD) holds steady
BOJ Quarterly Outlook Report: Price growth expected to narrow towards the middle of next fiscal year
Following are the key highlights from the Bank of Japan’s (BOJ) quarterly outlook report, reported by Reuters.