oann

Japan’s Marketmind is turning a new page, and it could be the start of a whole new era. Exciting times ahead!

Get ready for an exciting week in the Asia Pacific region! Inflation figures from Singapore will kick off the economic calendar on Monday, followed by the Bank of Japan’s first policy meeting under new governor Kazuo Ueda.

But that’s not all – this week we’ll also be keeping an eye on Japanese retail sales, unemployment, and Tokyo consumer inflation reports, South Korean GDP, and Australian inflation. And as the month-end approaches, investors will be looking ahead to the U.S. central bank’s policy meeting.

While Fed officials are in a blackout period, we’ll be watching U.S. data, corporate earnings, signals from the banking sector, and the ebb and flow of debt ceiling concerns to gauge expectations for the decision. Plus, big tech earnings from Alphabet, Microsoft, and Amazon are due, and we’ll be keeping an eye on Tesla shares after last week’s earnings miss.

As for the Bank of Japan, all eyes will be on Kazuo Ueda after a decade of uber-dove Haruhiko Kuroda. While it’s unlikely that Ueda will bin Kuroda’s super-loose yield curve control (YCC) policy so soon, some analysts believe he’ll steer the BOJ in a more hawkish direction sooner or later.

Consumer price inflation data on Friday showed that price growth in March held steady above the BOJ’s target, while a narrow measure of core prices rose at the fastest annual pace in four decades. Ueda has insisted that the current policy will remain in place for now, but the central bank’s revised inflation and growth forecasts might give a clue as to when it will tweak or abandon YCC.

On the data front Monday, we’ll be watching Singapore inflation, Hong Kong unemployment, and Taiwan industrial production and unemployment. Stay tuned for an exciting week ahead!

By Jamie McGeever; Editing by Diane Craft

Join One America’s Monica Paige as she chats with Juna n Joey, the country-pop duo who use their music to promote patriotism and anti-bullying.

It’s been a week filled with major headlines in the U.S. and around the world. Catch up on all the news with One America’s Rachel Acenas in our Week in Review.

New revelations suggest a possible Hunter Biden cover-up by Team Biden both before and after the 2020 election. Meanwhile, America heads into the weekend without a debt ceiling resolution.

Parents are taking a more active role in their children’s schooling, highlighting inappropriate content being presented as helpful.

The United States has asked South Korea to urge its chipmakers not to fill any market gap in China if Beijing…

Indian IT services provider Wipro Ltd is considering a share buyback proposal at its board meeting…

The publishers of a German magazine that ran an ‘interview’ with Michael Schumacher generated by artificial intelligence have sacked the…

Jurors in what appears to be the first trial related to the U.S. college admissions scandal have found a former assistant soccer coach guilty of accepting bribes…


Read More From Original Article Here: Marketmind: Japan opens new chapter, maybe era

" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."

Related Articles

Sponsored Content
Back to top button
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker