Economic calendar in Asia Thursday, January 23, 2025 – Japan trade data

A bit of a lower tier data day today. Japanese trade data for December 2024 is due but I suspect it won;t move the JPY needle too much.

The Bank of Japan begin their two-day meeting today. The statement is due tomorrow, Friday Japan time, and a rate hike is widely expected. I mention yesterday that the yen wasn’t heading higher ahead of this, which is a bit peculiar. I suggested the decision is ‘priced in‘ (scroll down) to the yen. I’m never really comfortable suggesting something is priced into a currency, it can change in the blink of an eye. Still, it’s a working hypothesis, and, given the slump in yen overnight, was useful.

• 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.

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