Economic calendar in Asia Tuesday, 14 May 2024 - lower tier data only ...Middle East

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A light calendar for the session ahead. The PPI from Japan is of some interest with the intense focus on inflation developments., and therefore policy developments, in the country. Only yesterday we had a big gun in Japan's governing party refer to inflation and how it'll impact policy ahead. His comments pretty much coincided with news out of the BOJ that they had trimmed back JGB purchases. These two combined sent USD/JPY on a little slide where, as I pointed out, the dip buyers could load up again:Japan's Kato says its natural that monetary policy will revert to positive interest ratesEven earlier than this I highlighted the topside target: around 156.26 ... I said last week this is an in

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