| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 03:00 | Japan | BoJ Interest Rate Decision | | -0.1% | -0.1% | -0.1% |
| 03:00 | Japan | BOJ Outlook Report | | | | |
| 04:30 | Japan | Industrial Production (YoY) | November | -4.1% | 5.4% | 5.1% |
| 04:30 | Japan | Industrial Production (MoM) | November | 1.8% | 7.2% | 7.0% |
| 07:00 | United Kingdom | Average earnings ex bonuses, 3 m/y | November | 4.3% | 3.8% | 3.8% |
| 07:00 | United Kingdom | Average Earnings, 3m/y | November | 4.9% | 4.2% | 4.2% |
| 07:00 | United Kingdom | ILO Unemployment Rate | November | 4.2% | 4.2% | 4.1% |
| 07:00 | United Kingdom | Claimant count | December | -95.1 | | -43.3 |
| 07:30 | Switzerland | Producer & Import Prices, y/y | December | 5.8% | | 5.1% |
During today's Asian trading, the US dollar consolidated against major currencies, following a slight increase yesterday.
The yen fell 0.2% against the US dollar on the back of the results of the Bank of Japan meeting. As expected, the Bank of Japan has kept the main parameters of monetary policy unchanged. The short-term interest rate on deposits of commercial banks in the Central Bank is left at -0.1% per annum, the target yield of ten-year government bonds is about zero. The Bank of Japan has confirmed the ceiling of the ETF repurchase program at 12 trillion yen ($104 billion). The government bond repurchase program remains unlimited, the Central Bank noted. The Bank of Japan has raised its inflation forecasts for fiscal years 2022 and 2023, but still does not expect consumer price growth to accelerate to the 2 percent target level in the next two years.
Meanwhile, in the US, inflation has already jumped to the highest in almost 40 years, and more and more representatives of the Federal Reserve System and Wall Street economists see the possibility of more than three interest rate hikes this year. The next Fed meeting will be held on January 25-26, and experts expect that the tone of the Fed's statements following this meeting will be "hawkish".
The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona) rose by 0.04%.