The following events and economic reports may influence trading in Asia’s local bonds and currencies today. Bond yields and exchange rates are from the previous trading session unless stated otherwise. Japan: Hiromasa Yonekura, chairman of Keidanren, Japan’s business lobby, will hold a press conference at 11:30 a.m. in Tokyo.
The yield on the 1.2 percent government bond due December 2020 was 1.205 percent, according to Japan Bond Trading Co., the nation’s largest interdealer debt broker. The yen traded at 82.72 per dollar at 8:43 a.m. in Tokyo. Taiwan: Consumer prices likely increased by 0.9 percent in November from a year earlier after rising 0.56 percent the previous month, according to the median estimate in a Bloomberg News survey.
Wholesale prices may have increased 2.85 percent in November from a year ago after gaining 3.84 percent in October, a separate survey showed. The yield on the 1.125 percent note due September 2020 was 1.418 percent. The Taiwan dollar was at NT$30.745 per dollar. South Korea: The government will sell 400 billion won ($351 million) of three-year bonds.
The yield on the 5 percent note due June 2020 was at 4.36 percent, according to the Korea Stock Exchange. The won was at 1,138.55. Malaysia: The central bank will release foreign reserves data for Nov. 30. Reserves stood at $105.8 billion as of Nov. 15.
The yield on the 3.835 percent note due August 2015 was 3.34 percent, according to Bursa Malaysia. The ringgit was at 3.1495 per dollar. Singapore: The government will sell 3.9 billion Singapore dollars ($3 billion) of 91-day Treasury bills. The yield on the 3.25 percent note due September 2020 was at 2.51 percent, according to Bloomberg data. The Singapore dollar was at s$1.3087.