Key data from the U.S., Europe and U.K. will share the stage with a raft of central bank decisions out of Asia-Pacific, as the timing of interest rate cuts stays front of mind for investors.
The country’s benchmark lending rates were held steady this month, central bank data showed Monday after Beijing announced bold moves to address property-sector malaise.
JGB futures fell in the early Tokyo session. Expectations for when the BOJ will raise rates seem to have been brought forward, with some market participants anticipating a hike at the June meeting, SMBC Nikko Securities said.