Key Points
SYDNEY (Reuters) The dollar rose against the yen on Monday after Japans top central banker flagged further policy tightening ahead but left open the question of timing, leaving the market no clearer on whether a move would come next month...
However, he made no mention of whether a hike would come in December, saying the BOJ would need to pay attention to various risks, including for the U.S. economy...
Futures imply a 60% chance of the Fed easing by a quarter-point in December and have only 77 basis points of cuts priced in by late 2025, compared with more than 100 a few weeks ago...
A number of European Central Bankers are also speaking this week and could sound more dovish given recent soft economic data and the risk of tariffs hitting EU trade...
The data calendar for the U.S. is light this week, but the UK, Japan and Canada all have important inflation reports due, while manufacturing surveys out late in the week will offer a clue to how sentiment is faring post the U.S. election...
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