The Week Ahead – The OPEC, BOC, RBA and RBI Meetings, China, Swiss and Norway CPI
Nomura – The Week Ahead
The Importance of Spring Wage Negotiation
Japanese authorities holding their first Tripathi meeting since March, suggesting there are concerns over the speed of recent yen weakness among Japan's policymakers. We think for dollar yen to move lower, we think the B.O.J. reaction will be more important than the actual intervention coming. As April is the first month of the fiscal year in Japan, this time's release will start to reflect the strong result of spring wage negotiation.
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