Welcome, Traders!
It is Thursday 9th / Friday 10th of March, depending on where you are.
Here are some things to expect ahead of the APAC session today.
Sentiment
The yen had its best day in a month on Thursday, as Bank of Japan Governor Haruhiko Kuroda prepares to announce the results of his final policy meeting on Friday. Lower oil prices dragged down commodity currencies, with the yen and Swiss franc outperforming peers on safe haven demand.
Docket
6:50 PM ET
Japanese PPI YoY for February
Median Forecast: 8.4% | Prior: 9.5% | Range: 8.8% / 7.3%
Japanese PPI MoM for February
Median Forecast: -0.3% | Prior: 0.0% | Range: 0.1% / -1.3%
10:00 PM ET
BoJ Interest Rate for March
Median Forecast: -0.1% | Prior: -0.1% | Range: -0.1% / -0.1%
BoJ Rate Statement for March
Good luck!
