Reply To: Traders Market Weekly: Holiday Sales and Jobs

#48034
Truman
Participant

Japan’s October BoJ Core CPI 2.7% yr/yr (expected 2.2%; last 2.0%)
South Korea’s November Consumer Confidence 86.5 (last 88.8)
New Zealand’s October trade deficit NZD2.13 bln (expected deficit of NZD1.72 bln; last deficit of NZD1.70 bln)
Press reports from Japan indicated that power companies will petition the government to raise prices this month, but Tokyo Electric Power indicated that it has no plans to request a rate hike in November.
There are growing speculations that Japan’s Prime Minister Kishida will reshuffle his cabinet before the year is over.
Moody’s expects credit conditions in China to worsen next year.