Reply To: Traders Market Weekly: Expect the Unexpected


Japan’s Finance Minister Suzuki said that currency moves are being watched with close urgency as continued weakness in the yen drove it to its lowest level against the dollar since 1998.
The Bank of Korea raised its base rate by 50 bps to 3.00%, as expected.
Reserve Bank of Australia Assistant Governor Ellis said that one-year inflation expectations remain within the 2-3% range.
China’s September New Loans CNY2.47 trln (expected CNY1.80 trln; last CNY1.25 trln) and September total social financing CNY3.53 trln (expected CNY2.725 trln; last CNY2.43 trln)
Japan’s August Core Machinery Orders -5.8% m/m (expected -2.3%; last 5.3%); 9.7% yr/yr (expected 12.6%; last 12.8%). September Machine Tool Orders 4.3% yr/yr (last 10.7%). October Reuters Tankan Index 5 (last 10)
New Zealand’s August Visitor Arrivals -3.3% m/m (last 41.8%)