Asia week ahead: Rate meetings in Japan, Australia, Indonesia, Taiwan, Philippines
From the original
https://think.ing.com/articles/asia-week-ahead-rate-120626/
Related speeches
4 itemsAsia week ahead: Rate decisions in Japan, Australia, Indonesia, Taiwan, Philippines
The desk anticipates a pivotal week for Asian monetary policy, particularly focusing on the Bank of Japan's (BoJ) expected 25 basis point hike to 1.0% amidst easing market concerns. Per the full note [source], this decision could shift sentiment in the Japanese yen (JPY) as the market expects a potential pause in government bond (JGB) tapering, improving market conditions. Recent consensus from various institutions reflects a median target for USD/JPY at 155.0000 by March 2026, with forecasts ranging from 149.0000 to 160.0000. With inflation rates set to be updated in both Japan and China, traders should closely monitor these movements ahead of the BoJ’s upcoming decision on Tuesday.