Week ahead: FOMC minutes, RBA, Bank of Korea, Xi speech
Listed below are the most important events investors within the Asia-Pacific shall be watching this week.
The U.S. Federal Open Market Committee will release minutes for its latest meeting concluding Feb. 1 later within the week.
On Monday, China will release its 1-year and 5-year loan prime rates for February. Malaysia will report its trade data later within the day.
On Tuesday, private surveys will release Australia and Japan’s purchasing managers’ index readings. U.S. may even release its PMI and Recent Zealand is slated to publish its producer price index for the fourth quarter.
Investors may even be closely anticipating minutes from the Reserve Bank of Australia’s latest rate decision meeting.
Japan may even release its producer price index on Wednesday. Australia’s composite leading index for January and the nation’s wage price index for the fourth quarter shall be published on today as well.
Recent Zealand may even release its trade balance for January on Wednesday.
The Bank of Korea will announce its rate decision on Thursday morning. Economists polled by Reuters expect to see the central bank pause and leave its benchmark rate of interest unchanged. Singapore’s consumer price index for January shall be released as well.
Chinese president Xi Jinping will reportedly be delivering a ‘peace speech’ on the one-year anniversary of Russia’s invasion on Ukraine, in line with Reuters.
— Jihye Lee
