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BoJ: Some members said JGB market functionality improving as a trend due to BoJ’s taper
European indices slightly higher at the open as downgrade concerns vaporise
So much fuss for nothing as US yields erase the downgrade rise
ForexLive Asia-Pacific FX news wrap: USD/JPY swings. PBoC cuts. RBA next.
Heads up: RBA monetary policy decision coming at the bottom of the hour
RBA lowers the cash rate target to 3.85% vs 4.10% prior as widely expected
The AUD falls on more dovish RBA forecasts
RBA Governor Bullock: Must now keep inflation down, well placed to do so
RBA Governor Bullock: Did discuss 25 bps or 50 bps cut
Germany April PPI -0.6% vs -0.3% m/m expected
South Korea end-March household credit marks fastest growth Y/Y since end-June 2022
US and Japan are expected to hold talks on Friday, May 23
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