Reply To: Traders Market Weekly: Fed, Inflation and Profit Warnings

#43650
Truman
Participant

There was some speculation that the Bank of Japan is preparing to intervene in the currency market to slow the yen’s depreciation against the dollar.
South Korea’s Finance Ministry also reiterated that it will closely monitor currency and financial markets.
India’s wholesale inflation slowed a bit in August.
Japan’s July Core Machinery Orders 5.3% m/m (expected -0.8%; last 0.9%); 12.8% yr/yr (expected 6.6%; last 6.5%). September Reuters Tankan Index 10 (last 13). July Industrial Production 0.8% m/m (expected 1.0%; last 9.2%) and Capacity Utilization 2.4% m/m (last 9.6%)
India’s August WPI Inflation 12.41% yr/yr (expected 13.00%; last 13.93%)
Singapore’s Q2 Unemployment Rate 2.1% (last 2.1%)
New Zealand’s Q2 Current Account -7.7% of GDP (expected -7.4% of GDP; last -6.5% of GDP)