BOJ's Monetary Policy Shift Sparks Caution and Speculation
This week's market outlook includes key events such as the BoJ policy decision, Canada CPI, UK CPI, US Consumer Confidence, US Jobless Claims, Japan CPI, Canada GDP, and US PCE. The BoJ is expected to maintain its current monetary policy, while the BoC focuses on underlying inflation measures. The PBoC is likely to keep LPR rates unchanged. The UK CPI is expected to show a slight decrease, and the US Consumer Confidence is projected to rise. US Jobless Claims remain an important indicator of the labor market. Japan's CPI report is expected to have a muted market reaction. The US PCE is anticipated to show a slight decrease in inflation.