Date | 2:34am | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | ||
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2:34am | Actual | |||||||||
Thu May 9 | ||||||||||
Thu May 9 | 1:00am | JPY | Leading Indicators | 111.4% | 111.3% | 111.8% | ||||
All Day | CHF | Bank Holiday | ||||||||
All Day | EUR | French Bank Holiday | ||||||||
All Day | EUR | German Bank Holiday | ||||||||
7:00am | GBP | BOE Monetary Policy Report | ||||||||
GBP | Monetary Policy Summary | |||||||||
GBP | MPC Official Bank Rate Votes | 0-0-9 | 0-1-8 | |||||||
GBP | Official Bank Rate | 5.25% | 5.25% | |||||||
7:30am | GBP | BOE Gov Bailey Speaks | ||||||||
8:30am | USD | Unemployment Claims | 212K | 208K | ||||||
10:00am | CAD | BOC Financial System Review | ||||||||
Tentative | USD | Mortgage Delinquencies | 3.88% | |||||||
10:30am | USD | Natural Gas Storage | 87B | 59B | ||||||
11:00am | CAD | BOC Gov Macklem Speaks | ||||||||
12:15pm | GBP | MPC Member Pill Speaks | ||||||||
1:01pm | USD | 30-y Bond Auction | 4.67|2.4 | |||||||
2:00pm | USD | FOMC Member Daly Speaks | ||||||||
6:30pm | NZD | BusinessNZ Manufacturing Index | 47.1 | |||||||
7:30pm | JPY | Household Spending y/y | -2.3% | -0.5% | ||||||
7:50pm | JPY | Bank Lending y/y | 3.1% | 3.2% | ||||||
JPY | Current Account | 2.04T | 1.37T | |||||||
11:35pm | JPY | 30-y Bond Auction | 1.81|3.5 |
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Japan's economy has recovered moderately, although some weakness has been seen in part. It is likely to keep growing at a pace above its potential growth rate, as a virtuous cycle from income to spending gradually intensifies. Upward revisions have been observed in the outlook for overseas economies overall, particularly for the U.S. economy. Although private consumption has been relatively weak, reflecting price rises, it is likely to regain momentum, given that momentum in wage hikes has been strong recently. If firms postpone business fixed investment due to factors such as supply-side constraints, this could lead them to lose business opportunities and hinder improvement in their productivity, and in turn create a risk that firms will not be able to secure enough resources for wage hikes. Therefore, attention is warranted on developments in business fixed investment. While the output gap has been at around 0 percent, the weighted average of the diffusion indexes (DIs) for production capacity and employment conditions in the Tankan (Short-Term Economic Survey of Enterprises in Japan) indicates that shortages of production capacity and labor have been at historically high levels. In determining whether Japan's economy will keep growing steadily at a pace above its potential growth rate throughout the projection period, it post: BOJ MEMBER SUGGESTS RATE PATH MAY BE HIGHER THAN MARKET EXPECTATIONS. post: BOJ MEMBER EMPHASIZES NEED FOR APPROPRIATE RATE INCREASE AT THE RIGHT TIME
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The Japanese yen extended its weakness in the middle of the trading week as investors continued to shrug off the tougher language coming from the authorities. Traders have ...
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The market’s continued focus on information suggesting a shift toward a more accommodative monetary policy, paired with its tendency to overreact to any hint of such easing, ...
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Three European central banks have now cut interest rates this month: the Czech National Bank by 50 basis points last Friday, the National Bank of Moldova by 15 bps yesterday and, ...
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Japan finance minister Suzuki remarks to prop up the yen: • Important for currencies to move in stable manner reflecting fundamentals. • Rapid fx moves undesirable. • Closely ...