A week ahead: FOMC minutes, RBA, Bank of Korea, Xi Jinping speech
Here are the key events Asia Pacific investors will be watching this week:
The US Federal Open Market Commission will release the minutes of its latest meeting, which ends on February 1, later this week.
On Monday, China will announce prime rates for February’s one- and five-year loans. Malaysia will report trade data later in the day.
On Tuesday, a private survey will release readings of purchasing managers’ indices in Australia and Japan. The US will also release her PMI and New Zealand will release its fourth quarter producer price index.
Investors are also keeping a close eye on the minutes of the Reserve Bank of Australia’s latest interest rate meeting.
Japan will also release its producer price index on Wednesday. Australia’s January Composite Leading Index and Q4 National Wage Price Index are also released on the day.
New Zealand will also release its trade balance for January on Wednesday.
The Bank of Korea will announce an interest rate decision on Thursday morning. Economists polled by Reuters expect the central bank to pause and not change its benchmark interest rate. His January consumer price index for Singapore will also be released.
China’s President Xi Jinping reportedly A “peace speech” will be made to mark the one year anniversary of Russia’s invasion of Ukraine, according to Reuters.
— Lee Ji-hye
