Reply To: Traders Market Weekly: Global Market Dislocation at a Precipice


The Bank of Japan made no changes to its ultra-loose policy stance and the country’s finance ministry intervened in the currency market to strengthen the yen.
Japan’s Prime Minister Kishida said that border controls will be eased as soon as next month.
The Hong Kong Monetary Authority raised its base rate by 75 bps to 3.50% in the wake of the Fed rate hike.
Goldman Sachs lowered its forecast for 2023 growth in China to 4.5% from 5.3%.
Japan’s August BoJ Core CPI 1.9% yr/yr, as expected (last 1.8%)
Hong Kong’s August CPI 1.9% yr/yr (expected 2.0%; last 1.9%)
New Zealand’s August trade deficit NZD2.447 bln (expected deficit of NZD500 mln; last deficit of NZD1.406 bln). Q3 Westpac Consumer Sentiment 87.6 (last 78.7)