Reply To: Central Bank Watch – Fed Tempers Rhetoric, Bank of Canada Ahead

#51636
Truman
Participant

China’s December FDI 6.3% (last 9.9%) o Japan’s November Core Machinery Orders -8.3% m/m (expected -0.9%; last 5.4%); -3.7% yr/yr (expected 2.4%; last 0.4%). November Industrial Production 0.2% m/m (expected -0.1%; last -0.1%) and Capacity Utilization -1.4% m/m (last 2.2%)
New Zealand’s December Electronic Card Retail Sales -2.5% m/m (last 0.3%); 4.8% yr/yr (last 7.1%)
The Japanese yen fell sharply against the dollar after the Bank of Japan maintained its ultra-loose policy against some expectations that the yield targets could be changed.
The next Bank of Japan governor is expected to be named in early February.
Taiwan’s GDP contracted by 0.9% in Q4 as exports fell 8.6% yr/yr.