Reply To: Traders Market Weekly: Big Tech Earnings and Global PMI

#51642
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.
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.