Asia Summary and Highlights 24 January

January 24, 2025 5:41 AM UTC

Japan December headline CPI +3.6%
BoJ hiked 25bps
Trump said prefer no tariff on China

Asia Summary and Highlights 23 January

January 23, 2025 5:15 AM UTC

Regional sentiment positive with Chinese equities leading
Japanese Export beats estimate and import regain traction

Asia Summary and Highlights 22 January

January 22, 2025 5:21 AM UTC

New Zealand Q4 2024 CPI +0.5% q/q  and +2.2% y/y
RBNZ's own preferred inflation model 3.1% y/y

Asia Summary and Highlights 21 January

January 21, 2025 5:00 AM UTC

Trump's Executive Order begins
Trump suggesting 25% tariff on Canada on Feb 1 

Asia Summary and Highlights 20 January

January 20, 2025 4:57 AM UTC

All eyes on Trump (Tariff)

Asia Summary and Highlights 16 January

January 16, 2025 4:38 AM UTC

Asia Session
The Australian labor market stayed strong and see another 55.3k employment gains, with both the unemployment and participation rate ticked up by 0.1%. While most gains are in part time job, a rotation from the November report, it does not take out the strength of such report. However, th

Asia Summary and Highlights 15 January

January 15, 2025 5:20 AM UTC

BoJ Gov Ueda says will raise rates if improvement in economy & price conditions continues
Former Japan MoF official says Trump and Japan can work together to send USD/JPY lower

Asia Summary and Highlights 14 January

January 14, 2025 4:56 AM UTC

BOJ's Himino says rates will rise, but need to watch carefully for risks

Asia Summary and Highlights 13 January

January 13, 2025 4:26 AM UTC

USD up, risk sours

Asia Summary and Highlights 10 January

January 10, 2025 5:22 AM UTC

Japan Eco Min Akazawa says 'critical stage' in eradicating the public's deflationary mindset
Japan November Household Spending +0.4% m/m

Asia Summary and Highlights 9 January

January 9, 2025 5:17 AM UTC

Japan November Labor Cash Earning 3% y/y

Asia Summary and Highlights 7 January

January 7, 2025 5:09 AM UTC

Japan Fin Min Kato verbal intervenes to support the yen 

Asia Summary and Highlights 6 January

January 6, 2025 5:06 AM UTC

Japan December final services PMI 50.9

Asia Summary and Highlights 3 January

January 3, 2025 4:44 AM UTC

PBOC says interest rate cuts are likely in 2025 "at an appropriate time"

Asia Summary and Highlights 2 January

January 2, 2025 5:03 AM UTC

A vibrant start for USD/JPY on thin liquidity

Asia Summary and Highlights 31 December

December 31, 2024 4:32 AM UTC

USD/JPY continues its correction

Asia Summary and Highlights 30 December

December 30, 2024 5:15 AM UTC

Japan December manufacturing PMI 49.6
Quiet New Year Week

Asia Summary and Highlights 27 December

December 27, 2024 5:19 AM UTC

Tokyo headline CPI 3%

Asia Summary and Highlights 24 December

December 24, 2024 5:21 AM UTC

Asia Session
While we are getting closer to Christmas, there is no rest for Japan Finance Minister Kato as he is doing the usual verbal intervening routine. There is also no surprise from the October BoJ summary. Still, the JPY is getting minor support and see USD/JPY down 0.09% to 157.01 as U.S. Tre

Asia Summary and Highlights 23 December

December 23, 2024 4:50 AM UTC

Asia Session
Most major currency pairs have opened slightly higher against the USD as risk sentiment seems to have improved from the previous week. Major equity indexes, both regional and U.S. are in the green. AUD/USD remained 0.11% higher than Friday's close at 0.6258, NZD/USD is 0.02% higher at 0.

Asia Summary and Highlights 20 December

December 20, 2024 5:28 AM UTC

Asia Session
On Friday, we started the day with some verbal intervention from Japan finance minister Kato. The jawboning came with nothing new but is enough to curb the latest rally in USD/JPY. Moreover, the Japan November National headline CPI came in stronger than prior month at +2.9%, ex fresh foo

Asia Summary and Highlights 19 December

December 19, 2024 5:31 AM UTC

BoJ kept rates on hold

Asia Summary and Highlights 18 December

December 18, 2024 5:25 AM UTC

Aussie hit new yearly low

Asia Summary and Highlights 17 December

December 17, 2024 5:13 AM UTC

Japan economy minister Akazawa reiterates BoJ will conduct monetary policy appropriately

Asia Summary and Highlights 16 December

December 16, 2024 5:19 AM UTC

Mixed data for Japan

Asia Summary and Highlights 13 December

December 13, 2024 4:37 AM UTC

Risk sentiment sour
No further BoJ leaks

Asia Summary and Highlights 12 December

December 12, 2024 4:14 AM UTC

Australia November unemployment rate 3.9% vs. 4.2% expected

Asia Summary and Highlights 11 December

December 11, 2024 4:17 AM UTC

Japan November PPI +0.3% m/m 

Asia Summary and Highlights 10 December

December 10, 2024 5:34 AM UTC

RBA kept rates unchanged

Asia Summary and Highlights 9 December

December 9, 2024 5:35 AM UTC

Japan Q3 Revised GDP +0.3% q/q, prelim +0.2%

Asia Summary and Highlights 6 December

December 6, 2024 5:16 AM UTC

Japanese October household spending -1.3% y/y, +2.9% m/m

Asia Summary and Highlights 5 December

December 5, 2024 5:16 AM UTC

BOJs Nakamura says he is not confident about sustainability of wage growth

Asia Summary and Highlights 4 December

December 4, 2024 5:11 AM UTC

Australia GDP Q3 0.3% versus 0.4% expected

Asia Summary and Highlights 3 December

December 3, 2024 5:08 AM UTC

USD/JPY retest 150

Asia Summary and Highlights 2 December

December 2, 2024 5:13 AM UTC

Asia Session
Over the weekend, Trump tweeted that he had a productive meeting with Trudeau while feeling the other way with BRICS. The equity space is opening the week with individual performance with Chinese and Hong Kong equities in the green and Nikkei & U.S. three major equity indexes in the red.

Asia Summary and Highlights 29 November

November 29, 2024 5:06 AM UTC

Higher Tokyo CPI trigger JPY rally

Asia Summary and Highlights 28 November

November 28, 2024 5:05 AM UTC

JPY the mover

Asia Summary and Highlights 27 November

November 27, 2024 5:25 AM UTC

RBNZ cut by 50bps but Kiwi jumps
Australian October monthly CPI 2.1% y/y vs. 2.3% expected

Asia Summary and Highlights 26 November

November 26, 2024 5:22 AM UTC

Tariff is back in the picture

Asia Summary and Highlights 25 November

November 25, 2024 5:40 AM UTC

USD opened lower on Scott Bessent's nomination as treasury secretary of Trump
Bessent said his policy priority will be to deliver on Trump’s various tax-cut pledges

Asia Summary and Highlights 22 November

November 22, 2024 5:29 AM UTC

Japan National October headline CPI +2.3%

Asia Summary and Highlights 21 November

November 21, 2024 4:50 AM UTC

Japanese media, NHK, reported Japan's economic package expected around 21.9 trillion yen

Asia Summary and Highlights 20 November

November 20, 2024 4:57 AM UTC

USD/JPY reached 155 figure

Asia Summary and Highlights 19 November

November 19, 2024 4:14 AM UTC

More jawboning from Japan FM Kato

Asia Summary and Highlights 18 November

November 18, 2024 4:57 AM UTC

Bank Japan Gov Ueda says driver of Japan's inflation shifting towards rise in domestic wages

Asia Summary and Highlights 15 November

November 15, 2024 4:17 AM UTC

Japan finance minister Kato says will take appropriate action versus excessive FX moves
Slate of Chinese data mixed

Asia Summary and Highlights 14 November

November 14, 2024 4:33 AM UTC

USD/JPY continues its rally
Australian October Employment softer but remain healthy

Asia Summary and Highlights 13 November

November 13, 2024 4:13 AM UTC

Australia Q3 2024 Wage Price Index +0.8% q/q 

Asia Summary and Highlights 11 November

November 11, 2024 5:08 AM UTC

Choppy start for the week