Citi economists don't expect any trims to either the MLF or LPR rate, even as weak data spur rate-cut hopes. JAPANFinancial markets await trade and inflation data as they digest the implications of the Bank of Japan's latest policy meeting. INDONESIAFocus is on Bank Indonesia on Thursday, with markets looking to see if the central bank will follow its counterparts in Thailand and Taiwan and keep rates on hold. Amid high external uncertainty and a widening current account deficit, the central bank will remain keenly focused on pursuing stability in the rupiah, they expect. Indonesia also reports trade data for May on Wednesday, which will give an indication of how exports are faring midway through the second quarter.

Source: Wall Street Journal June 17, 2024 00:21 UTC