Economic calendar in Asia Wednesday, March 5, 2025 – Bank of Japan Governor Ueda speaking

Bank of Japan Governor Ueda is speaking today. Given the way Japanese economic data, including inflation, is moving, Ueda is like;ly to be coming more confident on near term rate hikes. He may also be coming under some pressure to do just that:

• Japanese media says the BoJ could face US pressure to hike rates
• Trump’s threat to Japan (re the weak yen) was forewarned during Asia on Monday morning
• More background on why Trump threatened Japan and China over currency deprecation

Also up is Australian GDP data:

• Australian Q4 GDP growth data expected to remain soft, seen strengthening in 2025

Trump is on the agenda, addressing a join sitting of Congress, the ‘State of the Union’.

• This snapshot from the ForexLive economic data calendar, access it here.
• The times in the left-most column are GMT.
• The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
• I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing.

This article was written by Eamonn Sheridan at www.forexlive.com.