Eurozone Consumers Feel the Chill
Italian Business Confidence Improves in December; Consumer Sentiment Falls
Ifo: Business Climate in German Retail Sector Falls Amid Weak Demand
Kazuo Ueda releases a dovish stance, and both Bank of America and Nomura have postponed their expectations for the Bank of Japan to raise interest rates.
After the President of the Bank of Japan, Kazuo Ueda, expressed a cautious attitude towards interest rate cuts, Analysts from Bank of America and Nomura Holdings pushed back the expected timing of the Bank of Japan's next interest rate hike from January next year to March.
Japan's senior officials: The government is "alert" to the recent depreciation of the yen and will "intervene" when speculation is excessive.
Japan's Finance Minister Katsunobu Kato stated on Friday that the yen has begun to decline rapidly again, and the government is feeling "vigilant" about the recent Forex trends.
Bank of Japan Maintains Current Rate Target Amid Moderate Economic Recovery
