Reply To: Traders Market Weekly: APR 3-9 — Yield Inversion & Inflation concerns


Japan’s March Monetary Base +7.9% yr/yr (prior +7.6%)
Australia’s Retail Sales +1.8% m/m (expected +1.8%; prior +1.6%)
India’s March Nikkei Manufacturing PMI 54.0 (expected 55.2; prior 54.9)
Stocks in Hong Kong rallied amid reports that regulators are set to provide U.S. regulators more access to audit reports for Chinese companies.
Hong Kong Chief Executive Carrie Lam said she will not seek a second term in office due to family considerations.
China’s markets were closed for the Ching Ming Festival and will remain closed until Wednesday.
COVID concerns persist, though, with all of Shanghai in some version of lockdown mode, pressuring China’s GDP growth outlook and supply chain logistics.
Japanese officials calling more attention to the negative effects of a weaker yen. T
The BOJ plans to increase purchases of 1-3 yr notes and decrease purchases of 3-5 yr and 10-25 yr securities.
The Bank of Korea is planning to buy up to KRW2.0 trln of government securities on Tuesday.