News Summary 2023 Week#03 : BOJ Monetary Policy

ASIA

China’s home prices drop further in December
the People’s Bank of China on Friday hinted at forthcoming changes to its “three red lines” for developers.
Japan wholesale prices rise faster than expectations [inflation]
Asia-Pacific shares rose on Wednesday as investors await the outcome of the Bank of Japan’s monetary policy meeting.
Japan’s core manufacturing orders for November slump more than expected

Inflation outlook softens again, traders fully price in quarter-point rate hike
Goldman Sachs shares fall on earnings miss
New York manufacturing activity plunges in January
Dow closes almost 400 points lower and snaps 4-day win streak, pressured by Goldman shares
The rally this year has been led by low quality and heavily shorted stocks.
Truist downgrades Roku, cites high revenue exposure to advertising market
New year rally is a ‘hall of mirrors’ requiring strong views and clear vision, says Morgan Stanley’s Wilson