Japan's Economic Minister Kiuchi says capex continues to pick up and economy is continuing to recover moderately
PBoC is expected to set USD/CNY mid-point at 6.7809 (prev. 6.8198)
Hitachi (6501 JT) and Google (GOOG) Cloud will bolster FDE capabilities to accelerate physical AI globally
Japan's Economic Minister Kiuchi says capex continues to pick up and economy is continuing to recover moderately
Iran's Deputy Foreign Minister Gharibabadi criticised the European Union for approving sanctions against Iranian individuals and institutions in connection with the Strait of Hormuz
[MARKET UPDATE] Asia-Pac stocks mostly rebound from yesterday's losses, with sentiment helped by Israel and Iran halting their strikes, although Australian stocks are pressured as they play catch-down on return from a long weekend
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Says:
- Specific monetary policy means it's up to the BoJ to decide.
- Hopes BoJ continues to work closely with the government in line with the joint statement on beating deflation.
- Rising interest rate could affect the economy through various channels, so watch closely.
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