UPCOMING EVENTS: Tuesday: Japan PPI, UK Labour Market report, German ZEW, NFIB Small Business Optimism
BoJ Noguchi reiterated the central bank’s focus on wage growth to reach their 2% target
As the North American session begins, the NZD is the strongest of the major currencies
Last week was marked by the RBNZ’s decision to maintain its official cash rate, which
BoJ Governor Ueda continues to be uncertain about them hitting the 2% target sustainably: Cannot
The PBoC left its LPR rates unchanged as expected: LPR 1-year 3.45%. LPR 5-year 4.20%.
The New Zealand Services PMI fell back into contraction: Services PMI 48.9 vs. 50.6 prior.