Waiting for the PBOC CNY reference rate setting? None today, China is on holidays.

  • Japan will be out tomorrow

China is out on holiday from May 1 to May 5, inclusive. Markets are closed.

On Friday, May 3, and Monday, May 8, Japan is on holiday. Markets are closed.

Friday &/or Monday might give the brave BOJ another shot at intervening. Thin and illiquid markets are their only chance at some relief.

boj intervention Bank of Japan

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