On 6 October, BOJ Governor Kazuo Ueda (植田和男) and Finance Minister Katayama will deliver remarks at the National Securities Convention. Major economic indicators are due to be released in succession, mainly in Europe and North America, providing catalysts for financial markets.
In Japan, BOJ Governor Ueda and Finance Minister Katayama delivered remarks at the National Securities Convention. The content of their remarks is being closely watched. Overseas, a series of economic indicators are due to be released, mainly in Europe and North America, and are factors for the market to monitor. The market consensus for eurozone August retail sales is for an increase of 0.6% month on month. The U.S. August trade balance will be released, with the deficit expected to widen. Canada's August trade balance is expected to show a surplus, representing an improvement from the previous month. In emerging markets, India's September services PMI and composite PMI final readings are at high levels. Germany's August manufacturing orders increased, while Switzerland's September unemployment rate is expected to be 3.0%. Brazil's September trade balance is expected to show a surplus. Among Federal Reserve officials, the presidents of the Federal Reserve Banks of New York and Dallas are expected to moderate panel discussions and Q&A sessions, and their comments on the direction of monetary policy will be closely watched.
A series of major international indicators are due to be released, making economic conditions and monetary policy in each country the market's main focus.