Shinichi Uchida stressed no set plan for rate hikes, emphasizing wages and inflation trends in policy decisions.
Okta surged 25%, surpassing $100 resistance. Key levels: $111.35-$115.35. RSI overbought; potential pullback to $100.75.
China’s economic strategies for 2025 will be discussed at a news conference featuring key officials on Thursday.
Bank of England Governor Andrew Bailey and colleagues will address the Treasury Committee on February’s interest rate cut.
Japan’s Kato discussed FX with the US, stressing market-driven rates and addressing concerns over yen devaluation.
China targets 5% GDP growth, 2% inflation; markets mixed. U.S. tariffs, Japan’s hawkish outlook, FX stable.
Trump defended tariffs, warned of disruptions, and sought to repeal the CHIPS Act to reduce foreign dependence.
Bank of Japan may continue rate hikes if forecasts hold, with inflation stabilizing near 2% by late 2025.
Trump plans to keep tariffs but may adjust them, aiming for quick agreements despite European caution.
China plans to lower the Reserve Requirement Ratio to manage liquidity, with possible two cuts expected in 2020.
