- Japan finmin Kato:
- Aware of rising interest rates, will continue to engage with bond market participants and manage debt policies appropriately
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DJT hits new lows, down 50% YTD. The Trump premium fades as valuation concerns mount.
Tokyo core-core CPI rose to 1.9% in June as energy-driven inflation began spreading to food and other goods, keeping a July BOJ hike firmly in view. Tokyo's inflation is no longer just an energy story
PBOC sets USD/ CNY reference rate for today at 6.8166 (vs. estimate at 6.8015). PBOC injects 231.5bn yuan through 7-day reverse repos at an unchanged rate of 1.4%.
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Reserve Bank of Australia (RBA) Governor Michele Bullock will be speaking over the weekend. Bullock will be at an event in Switzerland.
PBOC is expected to set the USD/CNY reference rate at 6.8015 – Reuters estimate PBOC CNY reference rate setting for the trading session ahead.
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