There's a reason investors are warned not to fight the Fed, but sometimes they must learn the hard way.
And this is the economy into which central banks around the world are still jacking up interest rates?
This sets the tone for the week in Asia, where the set pieces will be monetary policy decisions in Japan and Indonesia, the minutes of the RBA's last policy meeting, and inflation readings from Japan, Hong Kong, Malaysia and Singapore. is expected to keep its key lending rate at -0.10% and reaffirm its 'yield curve control' commitment to cap the 10-year government bond yield at 0.25%.within the BOJ are making themselves heard, just as Governor Haruhiko Kuroda's tenure draws to a close in March.are released. Annual core CPI inflation is expected to inch up to 3.7% in November from 3.6% in October, marking a fresh 41-year high.
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