On September 10, the market is focused on the release of the U.S. Producer Price Index, long-term interest rate trends, and expectations surrounding monetary policy in Japan and the United States. The release of the U.S. Consumer Price Index is also scheduled for tomorrow.
The focus today is on the release of the U.S. Producer Price Index, with attention on month-on-month and year-on-year movements in the figures. Market attention is also concentrated on movements in U.S. Treasury yields, with long-term interest rate trends being closely watched.
In Japan, comments and press conferences by Bank of Japan Policy Board members are also prompting discussion of monetary policy expectations. The situation is expected to remain one of awaiting next week’s policy announcement.
In Europe, the ECB’s policy rate decision and statement are scheduled for release, and attention is also focused on President Lagarde’s press conference. Along with U.S. monetary policy expectations, these events could influence the direction of the market.
In the foreign exchange market, movements are being driven mainly by the direction of the U.S. dollar, yen, and euro, as well as expectations surrounding U.S. monetary policy. The formation of trends and the extent of market reactions will be treated as factors for future trading.