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Thursday, March 6, 2025

Asia Market Movers: ForexLive Asia-Pacific FX news wrap: Yen a little weaker on day, USD/JPY back above 149.00

ForexLive Asia-Pacific FX news wrap: Yen a little weaker on day, USD/JPY back above 149.00

BoJ ex-Chief Economist says BoJ policy rate could rise to 2%. July likely for next hike. Heads up for a China news conference on Friday - Foreign Minister speaking Goldman Sachs expect Chinese banks t... 

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BoJ ex-Chief Economist says BoJ policy rate could rise to 2%. July likely for next hike.

Professor Toshitaka Sekine is an ex-Chief Economist at the Bank of Japan. was Director-General of Research and Statistics Department (a chief economist position of the Bank of Japan) for four years Di... 

Heads up for a China news conference on Friday - Foreign Minister speaking

In the midst of China's National People's Congress, Foreign Minister Wang Yi will hold a press conference on China's foreign policy Scheduled for 10am Beijing time on Friday, March 7, 2025 0100 GMT 21... 

Goldman Sachs expect Chinese banks to undergo capital restructuring with RMB500bn in bonds

The Chinese government has announced the issuance of RMB500 billion in special treasury bonds to support the capital replenishment of large state-owned commercial banks, exceeding Goldman Sachs' previ... 

China sets record in bad asset disposals, shifts focus to housing market

China disposed of 3.8 trillion yuan in non-performing assets in 2024, the highest amount on record, as authorities worked to clean up financial risks, according to the country's financial regulator. L... 

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FX option expiries for 5 March 10am New York cut

There aren't any major expiries to take note of on the day. As such, trading sentiment will continue to revolve around headlines for the most part. Trump tariffs and softer data continues to lead to a... 

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