MONEY CENTER BANKS
Banks located in economic hubs and earn profit from transactions between themselves and governments, large businesses, and other regular banks. Similar to a common bank in structure, it do not borrow from or lend to clients. Regular banks normally take their cues from these banks, especially regarding interest rates and other business practices.
Also known as money market center banks.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
