Bank of Japan (BoJ) board member Junko Koeda said on Thursday that overseas uncertainty remains, so the officials want to scrutinize how this would affect domestic firms' wage-setting behavior.
The United States (US) Bureau of Labor Statistics (BLS) releases the delayed Nonfarm Payrolls (NFP) data for September on Thursday at 13:30 GMT.
A Reuters poll showed on Thursday that a narrow majority of economists expect the Bank of Japan (BoJ) to raise rates to 0.75% in December, with all forecasters seeing at least that level by the end of the first quarter (Q1).
Japanese Chief Cabinet Secretary Minoru Kihara said in a statement on Thursday, he is “watching FX market move with a high sense of urgency.”
Speaking in Sydney on Thursday, Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter noted that “sustained above-trend growth could fuel inflationary pressures.”
Bank of Japan (BoJ) board member Toyoaki Koeda said on Thursday that Japan’s underlying inflation is now around 2%, supported by broadly solid economic indicators, tight labour-market conditions and demand–supply balances that have largely normalised.
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Thursday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.
Federal Reserve (Fed) Governor Stephen Miran spoke about the United States (US) financial regulatory framework at the Bank Policy Institute, in Washington DC on Wednesday. He claimed that he strongly supports United States (US) central bank's efforts to streamline bank regulations.
The Japanese Yen (JPY) is weak, down 0.4% against the US Dollar (USD) and underperforming nearly all of the G10 currencies in an environment of broad-based USD strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
The Minutes of the United States (US) Federal Reserve’s (Fed) October 28-29 monetary policy meeting will be published on Wednesday at 19:00 GMT.
US Dollar (USD) is likely to trade in a range between 7.1020 and 7.1170. In the longer run, if USD breaks above 7.1170, it would mean that the weakness in USD has stabilized, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Japan’s Finance Minister (FM) Satsuki said after a meeting with government ministers and Bank of Japan (BoJ) Governor Kazuo Ueda that the administration and the central bank will work closely towards sustainably achieving price increase.
The Nasdaq 100 has closed below its 50-DMA for the first time since May and broken a multi-month ascending trend line, signalling renewed downside pressure, Société Générale's FX analysts note, Société Générale's FX analysts note.
Despite one month realised EUR/USD volatility sinking to just 4.8%, one month traded volatility has picked up to 6.5%, ING's FX analyst Chris Turner notes.
Shelter inflation measured by out-of-pocket expenses is likely to have remained elevated. OER likely understates mortgage costs but overstates costs for those without mortgages in recent years.