The core US CPI is expected to show a low year-on-year growth rate next week, while Japan's corporate goods price index is forecast to exceed 7% for the third consecutive month. There is speculation that a BOJ policymaker may shift to a hawkish stance, while reports related to the US presidential election point to a speech by Donald Trump and an expansion of US long-term Treasury buybacks.
Among the key economic events next week, the core component of the US consumer price index is expected to show a low year-on-year growth rate.
Japan's corporate goods price index is expected to reaccelerate, rising more than 7% for the third consecutive month, driven by the weaker yen, higher crude oil prices and the impact of AI demand.
There is speculation that some BOJ policymakers may shift toward a hawkish stance, and the yen could overreact if they make comments favoring interest-rate hikes.
In the US, President Trump is expected to speak at the Republican National Convention, and reports indicate that the scale of US long-term Treasury buybacks could be at least twice as large.