Focus is on the direction of the U.S. dollar/yen, Japanese yen and euro, and on U.S. long-term interest rates. With monetary policy announcements from Japan and the United States due the week after next, the market focus is expected to shift readily.
Today’s focus is on the direction of the U.S. dollar/yen, Japanese yen and euro, and on U.S. long-term interest rates. Japan will announce monetary policy the week after next, as will the United States.
As for market movements, Japan will be closed for a public holiday, while the United States will also observe a public holiday and its bond market will be closed. The U.S. stock market is expected to trade as usual, and Canada will also observe a public holiday. Few market-moving factors are expected at the start of the week, and no closely watched U.S. economic indicators are currently scheduled for release.
The main event today is a speech at 1:10 a.m. by Cleveland Fed President Hammack (ハマック). No other important indicators are expected to be released, and market developments ahead of the U.S. and Japanese policy announcements the week after next will be the main focus.
Going forward, attention is expected to center on U.S. long-term interest rates, the direction of the U.S. dollar/yen and euro/U.S. dollar, and market movements ahead of the Japanese and U.S. monetary policy announcements the week after next.