The Reserve Bank of India has asked banks to disclose their exposure to Adani Group after the company lost more than $100 bln in value in response to a short seller’s report.
The Hong Kong Monetary Authority followed the FOMC rate hike with its own 25 bps rate increase to 5.00%, as expected.
CommBank expects that the Reserve Bank of Australia will announce one more 25 bps rate hike before pausing.
South Korea’s January CPI 0.8% m/m (expected 0.5%; last 0.2%); 5.2% yr/yr (expected 5.0%; last 5.0%)
Australia’s December Building Approvals 18.5% m/m (expected 1.0%; last -8.8%) and Private House Approvals -2.3% m/m (last -2.5%)
New Zealand’s December Building Consents -7.2% m/m (last 6.7%)