Reply To: Traders Market Weekly: Big Three Central Banks Resolve to be Tested.


Australia’s CPI was up 7.8% yr/yr in Q4, representing the sharpest rate of growth since 1990. ANZ lowered its forecast for the next Reserve Bank of Australia rate hike to 50 bps from 75 bps. The bank expects a terminal rate of 5.25%. Former Bank of Japan policymaker Maeda said that the new BoJ governor is likely to start phasing out yield curve control policy.
Japan’s December Leading Index -1.2% m/m (last 0.4%) and Coincident Indicator -0.3% m/m (last -1.2%)
Australia’s Q4 CPI 1.9% qtr/qtr (expected 1.6%; last 1.8%); 7.8% yr/yr (expected 7.5%; last 7.3%). December MI Leading Index -0.1% m/m (last -0.1%)
New Zealand’s Q4 CPI 1.4% qtr/qtr (expected 1.3%; last 2.2%); 7.2% yr/yr (expected 7.1%; last 7.2%)
Singapore’s December CPI 6.5% yr/yr (expected 6.6%; last 6.7%) and Core CPI 5.1% yr/yr (expected 5.0%; last 5.1%)