© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo
By Jamie McGeever
(Reuters) – A look at the day ahead in Asian markets.
An interest rate decision in China kicks off the week in Asia on Monday with investors hoping – forlornly, perhaps – that the central bank will provide some much-needed relief for the country’s sluggish economy and creaking markets.
This will be followed by the Bank of Japan’s policy decision and guidance the next day – an equally-anticipated event, but for different reasons – meaning trading activity and volume should start the week on a strong note.
Especially in foreign exchange.
The and Japanese yen both go into their respective central bank meetings on the defensive against the dollar. The yuan last week touched a two-month low and…
