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Asia week ahead: BoJ decision and GDP from Korea and Taiwan
The highlight of the week is the Bank of Japan's meeting on 24 January. Recent inflation and wage data have been encouraging and support the Bank of Japan's decision to raise interest rates at next week’s meeting. Latest comments from Bank of Japan officials have also shown increased confidence in sustainable wage growth. But, we should closely watch Trump’s inauguration which should deliver a negative impact on the global and Japanese economy. Japan will release trade and core machinery orders data early next week, as well as inflation on policy announcement day. Inflation is expected to rise quite sharply in ... (full story)