Reports That the BoJ Said To Keep Rate Hikes On Fast Track; December In Focus
Said To Feel Rate Still Some Distance From Neutral - Sees Need To Stabilise Inflation Around Target
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Said To Feel Rate Still Some Distance From Neutral - Sees Need To Stabilise Inflation Around Target
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
The yen edged higher after last week's sharp drop spurred speculation of intervention, while investors assessed interest-rate outlooks following central bank hikes. Authorities are reportedly conducting rate checks, a precursor to potential intervention.