Reply To: Traders Market Weekly: Political Risks and Central Banks


Japan’s Finance Minister Suzuki said that the G-20 has a shared understanding over currency volatility and repeated that excessive speculative moves will be countered.
The approval rating of Japan’s cabinet has dropped to 33.1%, according to ANN. Bank of Japan Governor Kuroda said that inflation is expected to continue accelerating into the end of 2022 but is expected to return below 2.0% in FY23/24.
Policymakers at the Bank of Korea reportedly expect a terminal rate above 3.50%. China will reportedly delay the release of its Q3 growth figures.
Japan’s August Industrial Production 3.4% m/m (expected 2.7%; last 2.7%) and Capacity Utilization 1.2% m/m (last 2.4%). August Tertiary Industry Activity Index 0.7% m/m (expected 0.3%; last -0.5%)
South Korea’s September trade deficit $3.78 bln (last deficit of $3.70 bln). September Imports 18.6% yr/yr (last 18.6%) and Exports 2.7% yr/yr (last 2.8%)
Singapore’s September trade surplus SGD5.75 bln (last surplus of SGD3.738 bln). September non-oil exports -4.0% m/m (expected -2.1%; last -3.9%); 3.1% yr/yr (expected 7.1%; last 11.4%)