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The financial markets will be monitoring the Bank of Japan policy statement this week. The central bank is expected to keep its short-term interest rate at -0.1%, the same as the previous month. <\/p>\n\n\n\n
Meanwhile, Canada will also be under scrutiny, as its Consumer Price Index is expected to rise by 0.4% in November.<\/p>\n\n\n\n
Here are the upcoming events for this week:<\/p>\n\n\n\n
<\/p>\n\n\n\n
Bank of Japan Monetary Policy Statement (20 December)<\/strong><\/p>\n\n\n\n In its October policy statement, the Bank of Japan kept its key short term interest rate at -0.1% and that for 10-year bond yields around 0%. However, it revised its inflation forecast to 2.9% from 2.3% in July, citing surging prices of energy, food, and durable goods.<\/p>\n\n\n\n Analysts expect the bank to keep its policy unchanged for this month.<\/p>\n\n\n\n <\/p>\n\n\n\n Canada’s Consumer Price Index (21 December)<\/strong><\/p>\n\n\n\n Canada’s Consumer Price Index (CPI) increased by 0.7% in October over the previous month. According to analysts, Canada’s CPI is expected to rise a further 0.4% in November.<\/p>\n\n\n\n <\/p>\n\n\n\n Canada’s Gross Domestic Product (23 December)<\/strong><\/p>\n\n\n\n The Canadian economy expanded by 0.1% in September, reversing an upwardly revised 0.3% increase in August.<\/p>\n\n\n\n Economists expect the country’s gross domestic product to be unchanged in October.<\/p>\n\n\n\n <\/p>\n\n\n\n US Core PCE Price Index (23 December)<\/strong><\/p>\n\n\n\n The US Core PCE Price Index, excluding food and energy, increased by 0.2% month-on-month in October compared with 0.5% in September.<\/p>\n\n\n\n Analysts expect the index to rise by another 0.2% in November.<\/p>\n","protected":false},"excerpt":{"rendered":" The financial markets will be monitoring the Bank of Japan policy statement this week. The central bank is expected to keep its short-term interest rate at -0.1%, the same as the previous month. Meanwhile, Canada will also be under scrutiny, as its Consumer Price Index is expected to rise by 0.4% in November. Here are Continue Reading<\/a><\/p>\n","protected":false},"author":2,"featured_media":7924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-8620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/8620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/comments?post=8620"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/8620\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media\/7924"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=8620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=8620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=8620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}