BoJ is seen as likely to raise its FY26 economic and inflation forecasts, Reuters reports citing sources; the report adds that some BoJ policymakers see scope to raise interest rates as soon as April due to the inflationary effect of a weaker JPY
The Bank of Japan (BoJ) is anticipated to revise its fiscal year 2026 economic and inflation forecasts upward, driven by the effects of a weaker yen.
Heavy rainfall in northeast Australia has triggered floods that are hampering mine operations, with some coal miners declaring force majeure on portions of their shipments or potential delays to customers
[MARKET UPDATE] USD/JPY briefly dips below 158 following jawboning by Japan's FinMin Katayama and a report that Reuters sources state that the BoJ could hike rates as soon as April
BoJ is seen as likely to raise its FY26 economic and inflation forecasts, Reuters reports citing sources; the report adds that some BoJ policymakers see scope to raise interest rates as soon as April due to the inflationary effect of a weaker JPY
Chinese President Xi meets with Canadian PM Carney, CCTV reports
Japanese Finance Minister Katayama says FX intervention is a potential option under the US-Japan agreement and expresses readiness to take decisive action while keeping all options on the table
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Notably, some policymakers are considering the possibility of raising interest rates as soon as April, indicating a shift in monetary policy that could impact both domestic markets and global asset classes like currencies and commodities.
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