BoJ's Ueda sees tight labor market sustaining wage growth.BoJ Governor Kazuo Ueda told a Jackson Hole panel on Saturday that Japan's labor shortages are becoming “one of our most pressing economic issues.” He highlighted that wage growth, once concentrated in large enterprises, is now spreading to smaller firms.
First Impressions: NZ retail Trade, June Quarter 2025.Retail spending levels rose 0.5% in the June quarter, beating expectations. Retail sector conditions remain tough, but we are starting to see signs of the long-awaited recovery taking shape.
Hedge funds slash oil longs to 2008 lows as sanction risk eases, supply fears grow.Hedge funds cut their bullish bets on crude oil to the lowest level in nearly 17 years, as the fading risk of fresh sanctions on Russian crude shifted focus back to oversupply concerns.
Japanese Yen and Aussie Dollar Forecasts: Rate Differentials on the Move, USD/JPY Eyes 145.Japan's LEI rise and BoJ hike bets pressure USD/JPY, while US data may sway Fed policy outlook. Traders eye key levels at 145 and 150 for direction.
ECB's Kazaks says central bank can watch economy with rates in good place.The European Central Bank (ECB) Governing Council member Martins Kazaks said that the ECB has entered a new monetary-policy phase where officials can focus on monitoring the economy rather than actively intervening to change its course, Bloomberg reported on Sunday.