Continuum Economics
  • Search
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
  • Calendar
  • Forecasts
  • Events
  • Data
  • Newsletters
  • My Alerts
  • Community
  • Directory
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
    • All
    • Thematic
    • Tactical
    • Asia
    • EMEA
    • Americas
    • Newsletters
    • Freemium
    • Editor's Choice
    • Most Viewed
    • Most Shared
    • Most Liked
  • Calendar
    • Interactive
      • China
      • United States
      • Eurozone
      • United Kingdom
    • Month Ahead
    • Reviews
    • Previews
  • Forecasts
    • Forecasts
    • Key Views
  • Events
    • Media
    • Conference Calls
  • Data
    • Country Insights
    • Shadow Credit Ratings
    • Full CI Data Download
  • Newsletters
  • My Alerts
  • Community
    • FX
    • Fixed Income
    • Macro Strategy
    • Credit Markets
    • Equities
    • Commodities
    • Precious Metals
    • Renewables
  • Directory
  • My Account
  • Notifications Setup
  • Administration Panel
  • Account Details
  • Recent Devices
  • Distribution Lists
  • Shared Free Trials
  • Saved Articles
  • Shared Alerts
  • My Posts
Published: 2025-10-03T05:04:20.000Z

Asia Summary and Highlights 3 Oct

0
-

BoJ Gov Ueda: To raise rates if economy, prices, move in line with forecasts

Japan's August unemployment rate 2.6%

Trump said he is considering $1,000–$2,000 stimulus checks for all taxpayers

Asia Session

On Friday, we are hearing some token remarks from BoJ's Ueda on raising rates if economy, prices, move in line with forecasts. However, he is very reserved on forward guidance as the LDP leadership over the weekend will have a significant impact towards the fiscal policy. The top contender for the Japanese PM seems to be tilting towards more fiscal spending and may affect/direct BoJ's policy decision.  USD/JPY is trading 0.28% higher at 147.67 as August unemployment rate rises to 2.6%.

U.S. major equity indexes are pointing north after Trump said he is considering $1,000–$2,000 stimulus checks for all taxpayers. Regional equities are performing individually with Nikkei leading and HSI lagging. Major currency pairs are little changed except JPY. AUD/USD is trading 0.05% lower at 0.6593, NZD/USD is trading 0.06% lower at 0.5814 while USD/CAD is unchanged. Else, EUR/USD is also unchanged and GBP/USD is down 0.05%..

North American session 

While there was no obvious reason in the absence of data, the USD strengthened with UST yields early in the session before correcting in the afternoon, finishing modestly higher. USD/JPY advanced to 147.15 from 146.65, erasing European losses. EUR/USD slipped modestly to 1.1725 from 1.1755. EUR/GBP was slightly firmer but EUR/CHF little changed. AUD/USD slipped to .66 and USD/CAD rose to 1.3960. Fed’s Logan was hawkish but her tone was little changed from comments made on Tuesday.  

 

Continue to read the article for free
Login

or

or

Topics
FX Highlights
Foreign Exchange
FX & Money Markets Now!
Asia Pacific Close

GENERAL

  • Home
  • About Us
  • Our Team
  • Careers

LEGAL

  • Terms and Conditions
  • Privacy Policy
  • Compliance
  • GDPR

GET IN TOUCH

  • Contact Us
Continuum Economics
The Technical Analyst Awards Winner 2021
The Technical Analyst Awards Finalist 2020
image