Technical Analysis

Economic calendar in Asia for Tuesday, 10 January 2023 – Tokyo inflation data (December)

The Tokyo CPI data is used as an indicator (an imperfect one) to National CPI, which is due in around 3 weeks.

Take note that:

Core-core inflation is the CPI excluding Food, Energy. This is the closest of the Japanese CPI measures to the US core CPI.

Coming up in April, or after, will be a long, hard look at the BOJ mandate:

A new agreement between Japan’s government and the Bank of Japan would pave the way for a dilution of the current ultra-easy BOJ and would be supportive of the yen at the margin. The yen has already strengthened since its October 2022 low as the market looks ahead to a ‘pivot’ from the BOJ (it’ll be small, but any scaling back of ultra-easy policy from the Bank of Japan is notable).

snapshot from the ForexLive economic data calendar, access
it here

times in the left-most column are GMT.

numbers in the right-most column are the ‘prior’ (previous
month/quarter as the case may be) result. The number in the column
next to that, where there is a number, is the consensus median

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button