Forex Stability Is What Japan's Manufacturers Want Most, BOJ Poll Shows

Japanese manufacturers would prefer to see the Bank of Japan (BOJ) prioritise stable currency markets as a bigger monetary policy focus than the pursuit of stable inflation and economic growth, according to a major corporate survey by the central bank.

The Edge Markets07:07 ET

BoJ Survey: Japan on Cusp of Seeing Big Changes in Corporate Activity

Many firms said they can no longer hire enough workers if they curb wages.

FXStreet01:25 ET

Investment banks have different opinions on whether or not the Bank of Canada will cut interest rates in June. The market is likely to predict 40%!

Forecasters expect that this week's data will show Canada's CPI decline in April, but financial markets are still uncertain whether the Bank of Canada will cut interest rates in June. The Bank of Montreal said that the Bank of Canada may need to see lower levels of inflation to persuade it to cut interest rates in June. The financial market currently believes that the possibility that the Bank of Canada will cut interest rates in June is about 40%. Meanwhile, some economists insist that interest rates will be cut in June, such as the Royal Bank of Canada.

FX678 Finance01:09 ET

Japan's Tertiary Industry Index Slips in March

Japan's tertiary industry index edged off 0.6% on year in March to 110.2 points, weighed down mainly by retail and wholesale trade, the Ministry of Economy, Trade, and Industry reported on Monday.

MT Newswires01:04 ET

Japan's 10-Year Bond Yield Hits Decade-High Amid BOJ Policy Bets

apan’s benchmark government bond yield climbed to highest since 2013 amid expectations that the Bank of Japan is committed to normalizing interest rates and supporting the struggling yen.

Yahoo Finance22:13 ET

Japan's Consumer Inflation Likely Eased in April -- Market Talk

Japan's core consumer price inflation, which excludes fresh food, is expected to ease to 2.2% on year in April from 2.6% in March, Moody's Analytics says in a note.

WSJ20:12 ET