RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
Singapore Tightens Monetary Policy Amid Middle East War Inflation Risks 
Bank of Japan Eyes Further Rate Hikes Amid Middle East Tensions and Inflation Pressures 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
RBNZ Holds Rates at 2.25% as Middle East Conflict Fuels Inflation Concerns 
Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Australia Bans Card Payment Surcharges Starting October 2025 
Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
India's Central Bank Holds Rates Amid Iran War Energy Shock 
Asian markets continue to move higher on Wednesday but Japanese market was trading almost flat to negative. On the data front from China, PBoC devalued the currency around 0.2% as PBoC sets Yuan fix lower.
The USD/CNY fix was set at 6.5237 on Wednesday compared with 6.5130 a day earlier, a devaluation of 0.2%.
The Nikkei 225 index was trading 0.19% lower to 16,028.09 points in Tokyo, while the broader Topix gauge slipped 0.11% to trade at 1,295.47 points.
Mainland China's Shanghai Composite index grew 0.67% to 2,855.55 points, while Hong Kong's Heng Seng index also rose 0.36%, trading at 19,190.96 points.
South Korea's Kospi index was trading 0.05% higher to 1,889.18 points in early trade.
The benchmark S&P/ASX 200 index slid 0.23% to 4,898.50 points before midday in Sydney.
New Zealand S&P/NZX 50 index gained 0.38% to trade at 6,098.32 points.
