Note

Bank Of Japan Rate Decision Due On Friday

· Views 1,875
 

The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is expected to leave its benchmark lending rate unchanged at-0.1 percent.

Japan also will see April figures for consumer prices, with forecasts suggesting an increase of 0.1 percent, down from 0.4 percent in March. Core CPI is pegged at -0.1 percent, also down from 0.4 percent a month earlier.

New Zealand will release Q1 numbers for retail sales; in the three months prior, retail sales were up 0.7 percent on quarter and 3.3 percent on year.

Thailand will provide April figures for unemployment, imports, exports and trade balance. In March, imports were up 7.25 percent on year and exports were up an annual 4.17 percent for a trade surplus of $1.59 billion. The jobless rate was 1.0 percent in March.

Finally, the markets in Indonesia remain closed until May 28 for Eid-ul-Fitr.

 

 

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.