No Data
Korea Has the Most Oversold Equities Around the World – BofA
Oil Is the Most Oversold Asset Globally – BofA
Asian Markets Continue Downward Trend Over Fed Policy Concerns
Reported Earlier, Japan Household Spending (YoY) For November -0.4% Vs. -0.6% Est.; -1.3% Prior
The Bank of Japan expects salaries to continue rising this year, and interest rate hikes are imminent.
① The Bank of Japan released a report stating that many companies believe it is necessary to continue raising wages, which indicates an increased possibility of interest rate hikes; ② The Bank of Japan also upgraded its economic assessment for two regions, stating that the economy in the remaining areas is moderately recovering or rebounding; ③ The Bank of Japan will hold a meeting from January 23 to 24, and Analysts expect that an interest rate hike may be announced.
Asian Markets Turn Lower After Volatile Day on the Wall Street, China's Inflation Near Zero