Reply To: Traders Market Weekly: Short Squeezes and Bond Markets

#51223
Truman
Participant

Japan’s November Leading Index 97.6 (expected 97.5; last 98.6) and Coincident Indicator -0.5% m/m (last -1.2%)
South Korea’s December Unemployment Rate 3.3% (last 2.9%)
Australia’s November Retail Sales 1.4% m/m (expected 0.6%; last 0.4%) and Q4 CPI 7.3% yr/yr, as expected (last 6.9%)
The Bank of Japan conducted an unscheduled bond buying operation, offering to buy JGBs with maturities between one and five years. The central bank also conducted fixed amount operations for all other tenors.
Fast Retailing will raise wages by up to 40%.
Shanghai is reportedly targeting GDP growth of more than 5.5% for 2023.
Australia’s Q4 CPI was up 7.3% yr/yr, rising past the peak from Q3.