Fed speakers / BoJ's Ueda, #JPY maybe / ECB market pricing for 2024 / #NASDAQ100 too fast

BOJ will debate easy-policy exit when inflation nears target - Ueda >>> More below : BOJ's Ueda: BOJ does not have specific plan yet on how it will sell ETFs, he adds that ' weak JPY has positives and negatives' perhaps reminded folks of a 2way risk (market very short JPY/long carry..)
Market pricing : after a few low print on inflation and macro data, weaker Oil, Mr Market has now already priced in : 100bps of cut from ECB in 2024 , similar UK and U.S >>> this week : "We went from anticipating the end of hikes, to now anticipating the beginning of cuts.”
MS, which is quite aggressive in this view (not as aggressive as UBS!), is looking for 1st FED cut in June 2024, -4- cuts next year and -8- cuts in 2025!
Federal Reserve, Board Governors Cook, Kugler and Jefferson said "the size of the balance sheet could decline considerably further before reserves reach the level consistent with the ample reserves operating framework"
Walmart as CFO says October trends have made them "pause and rethink the health of the consumer."
Eric Rosengren says soft landing is now his base case: "This is about as good an outcome as the Federal Reserve could be expecting, which is a falling inflation rate, an unemployment rate that's a little below 4%" and an economy that's not growing too fast
Germany raised VATin restaurants back up to 19% (from 7%..
Iran told US it did not want Israel-Hamas war to escalate
WSJ-U.S. Executives get no reassurance from Xi on tougher China Business Environment. Chinese leader makes no mention of trade and investment at dinner with business leaders
China battery-grade lithium carbonate prices slide for th 21st day staight and hit a 2y low
ECB’s Lagarde: Increasing signs that the global economy is fragmenting into competing blocs

Markets :

USDJPY - could also be soon introuble, beware short JPY positioning - chart below + crossjpy's lower on lower yields, rate cuts expectations globally, Ueda added a bit of 2way risk in his comments this monring, positioning is heavy short JPY (carry trades etc)
UST 10's major test for bond bulls ahead, in yield terms 4.35% was the previous top Oct 2022 and last month again, before we headed for 5%
Equity markets enjoying the low yields, rate cuts expectations into 2024 and seasonal support from funds rebalancing
NASDAQ100 - time to add/buy more ??? nope - not the time to be greedy-chart, not making necessarilly a case for shorting it, but #timeforahedgingtrade from here
GOLD nicely up on these lower rtates expectations AND JPY trength
WTI crude low 70's you'd think Biden will be refulling the SPR - and fast