Japan's Central Bank to Hike Rate, Malaysia to Hold, Singapo

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Dow Jones NewsJan 21, 4:36 AM UTC
DJ Japan's Central Bank to Hike Rate, Malaysia to Hold, Singapore to Ease -- Market Talk

0436 GMT - With all eyes on Trump, three central bank decisions in Asia will also vie for attention. Maybank analysts see a strong possibility that the Bank of Japan deliver a 25bp rate increase to 0.50% Friday after Gov. Ueda last week said the bank would discuss a hike. Officials have recently cited more clarity on the direction of U.S. policies as another key factor. Maybank thinks JPY may strengthen as current U.S.-Japan yield differentials imply USD/JPY below 150.00. Maybank reckons Singapore's central bank will ease Friday via a slight reduction of the S$NEER slope, citing a benign inflation outlook and a more uncertain global environment. Malaysia's central bank is tipped to hold again on Wednesday as growth remains strong and inflation may tick up. ([e-mail])

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January 20, 2025 23:36 ET (04:36 GMT)

 
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