Bank of Japan inflation forecast shift and trade tensions pressure dollar
The Bank of Japan raised inflation forecasts as markets eye an April rate hike. Meanwhile, US trade tensions and Intel supply issues impact global markets.
Insights:
The Bank of Japan 
JPhas nudged up its inflation forecasts, signaling a potential shift in monetary policy that has spurred market expectations for rate hikes as soon as April. This hawkish tilt immediately impacted currency markets, where the US Dollar / Japanese Yen saw the yen strengthen, leaving the dollar under pressure during the Friday Asia session. While equities were up in Asia, the broader market remains cautious as the world maintains a massive net long position in the US 
UStotaling $27.6 trillion.
JPhas nudged up its inflation forecasts, signaling a potential shift in monetary policy that has spurred market expectations for rate hikes as soon as April. This hawkish tilt immediately impacted currency markets, where the US Dollar / Japanese Yen saw the yen strengthen, leaving the dollar under pressure during the Friday Asia session. While equities were up in Asia, the broader market remains cautious as the world maintains a massive net long position in the US UStotaling $27.6 trillion.
