BoJ Governor Ueda says Japan’s economy is recovering moderately, albeit with some weakness; September Tankan showed business sentiment remained in good shape.

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BoJ Governor Ueda says Japan’s economy is recovering moderately, albeit with some weakness; September Tankan showed business sentiment remained in good shape.

South Korea's Finance Minister says that they are mulling an additional cut in bond issuance depending on market conditions

Iranian Parliament Deputy Speaker Nikzad says whether the Strait of Hormuz is open or closed is determined by fuel prices in the US, not by “empty tweets” from the US President, IRNA reports

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PRICES

  • Prices are moving in line with the BoJ’s baseline forecasts.

FINANCIAL CONDITIONS

  • Financial conditions are accommodative.

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