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BoJ’s Ueda says no comment on daily moves, markets price in high likelihood of September rate hike
Bank of Japan (BoJ) Governor Kazuo Ueda on Tuesday held talks with US Treasury Secretary Bessent on the sidelines of the G20, but giving no details on what was discussed.
Japan’s Katayama: Debt expansion is global trend, fiscal policy targeting growth and sustainability
Japanese Finance Minister (FM) Satsuki Katayama said on Tuesday that debt growth is global trend, Japan outlines fiscal policy targeting growth and sustainability. Katayama added that US Treasury Secretary Bessent referenced US strategies to manage debt.Â
Japan Monetary Base (YoY) came in at -15.7% below forecasts (-13.5%) in August
Japan Monetary Base (YoY) came in at -15.7% below forecasts (-13.5%) in August
South Korea Consumer Price Index Growth (YoY) registered at 3.1%, below expectations (3.2%) in August
South Korea Consumer Price Index Growth (YoY) registered at 3.1%, below expectations (3.2%) in August
South Korea Consumer Price Index Growth (MoM) came in at 0.2%, below expectations (0.3%) in August
South Korea Consumer Price Index Growth (MoM) came in at 0.2%, below expectations (0.3%) in August
New Zealand Building Permits s.a. (MoM) dipped from previous -3.6%Â to -4.3% in July
New Zealand Building Permits s.a. (MoM) dipped from previous -3.6%Â to -4.3% in July
Australian Dollar falls as US-Iran conflict lifts USD, GDP data eyed
The Aussie Dollar retreats some 0.29% against the US Dollar on Tuesday as the escalation of the Middle East conflict boosted the Greenback due to its haven appeal. The AUD/USD trades at 0.7146.
Chinese Yuan: Range-bound consolidation outlook against US Dollar – UOB
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann discuss recent volatility in USD/CNH after a sharp rebound and subsequent drop.
EUR/USD Price Forecast: 200-day SMA caps Euro as Dollar firms
The shared currency edges lower, capped by the 200-day Simple Moving Average (SMA) at 1.1633, amid rising geopolitical tensions and escalating hostilities between the US and Iran, prompting investors to buy the US Dollar. At the time of writing, the EUR/USD trades at 1.1590, down 0.25%.
Breman Speech: RBNZ Governor sheds light on policy outlook after interest rate hike
Reserve Bank of New Zealand’s (RBNZ) Governor Anna Breman presents the prepared remarks on the Monetary Policy Review (MPR) and responds to media questions at the press conference after the September monetary policy announcement.
India: Growth and inflation forecasts revised higher – UOB
UOB's Jester Koh note they raise their FY27 Gross Domestic Product (GDP) forecast for India to 7.2% from 6.8% after a stronger-than-expected 1QFY27 expansion of 7.8% year-on-year.
Asia FX: KRW and MYR lead firmer profile vs USD – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong have recalibrated Asian FX forecasts slightly firmer against the US Dollar (USD), with more notable upgrades for KRW and MYR.
United States Total Vehicle Sales above forecasts (16.3M) in August: Actual (16.8M)
United States Total Vehicle Sales above forecasts (16.3M) in August: Actual (16.8M)