BoJ Deputy Governor Uchida to join policy meeting by phone due to health reasons
The BoJ's Deputy Governor Uchida participating in the policy meeting by phone due to health issues adds a layer of uncertainty regarding the deliberative process.
PRE-MARKET CHINESE STOCK NEWS: CITIC posts positive Q1 earnings, Li Auto targets Miidle East, Sinopharm net falls Y/Y
[MARKET UPDATE] Brief risk-on move following the Axios report, with US equity futures paring back its earlier losses while the DXY extends on session lows; however, crude futures failed to react and the majority of the move has pared back since
BoJ Deputy Governor Uchida to join policy meeting by phone due to health reasons
Iran gave the US a new proposal through Pakistani mediators for reaching a deal on reopening the Strait of Hormuz and ending the war however postponing nuclear talks, Axios reports citing sources
China delays foreign debt sales with USD 100bln of bonds due, Bloomberg reports
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While the immediate impact may not be drastic, the reduced in-person presence could affect the dynamics of decision-making, especially if he plays a pivotal role in discussions. Traders should monitor any upcoming statements closely for insights into the potential direction of monetary policy amid this situation.
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