Reply To: Traders Market Weekly: Embrace the Chaos in 2023

#49661
Truman
Participant

There was speculation that the Bank of Japan and the Japanese government will revise their objective, opening the door to a modification of the BoJ’s ultra-loose monetary policy. However, Japan’s chief cabinet secretary pushed back against the speculation. Japan is reportedly planning a JPY114 trln budget for FY23/24.
South Korea’s Finance Minister Choo said that the South Korean economy is slowing more rapidly than expected and that the slowdown will be at its worst pace in the first half of 2023.
New Zealand’s Q4 Westpac Consumer Sentiment 75.6 (last 87.6)