The BOJ adjusted its YCC on Tuesday, signalling a shift in its policy to defending the 1% band. However, it intervened on Wednesday to reverse yen losses after JGB yields approached the limit.
The government of Japan announced the nomination of Kazuo Ueda as the replacement for BOJ Governor Haruhiko Kuroda. Who is the new governor, and what changes to expect?
Key Forex pairs across Asia have been experiencing ups and downs in recent days due to China’s resistance to ending COVID-19 containment measures.
Some market sectors, such as commodities, forex, and stocks, had a difficult month in October due to inflation, recession, and pessimistic Q3 earnings. However, while some sectors suffered others thrived. Read more about October’s market summary.
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