Historic Rate Rise on Track Despite Recession, USD/JPY Contained
Market expectations still eye a potential rate hike from the Bank of Japan as soon as April and fully price one in by June. This is despite Japan dropping into…
Read More »BOJ Governor Ueda said the chance of moving rates out of negative in 2024 is “not zero”
Bank of Japan Governor Kazuo Ueda comments was reported with Japanese media, public broadcaster NHK, on Wednesday. His remarks didn’t contain any surprises: said he was in no hurry to…
Read More »The BOJ December meeting summary is not suggestive of any urgent pivot
Bank of Japan Summary of Opinions from the December Monetary Policy meeting. Full text. One member said must patiently maintain monetary easing One member said must confirm sustainable, stable achievement…
Read More »Asian stocks muted as Fed cheer wanes; Nikkei rallies on ultra-dovish BOJ
Original source: https://www.investing.com/news/stock-market-news/asian-stocks-muted-as-fed-cheer-wanes-nikkei-rallies-on-ultradovish-boj-3259437
Read More »Former BOJ official says Bank expected to end its negative interest rate policy in April
BOJ seen ending negative rates in April, keep hiking next year BOJ dismantled YCC in Oct, laying groundwork for next move Service prices already rising, BOJ just waiting for evidence…
Read More »BoJ’s Ueda: When inflation sustainably hits 2%, wages could rise at the same pace or higher
Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday, “when inflation sustainably hits 2%, wages are likely to be rising at around the same pace or higher.” Additional quotes…
Read More »ForexLive Asia-Pacific FX news wrap: USD/CNY mid-rate set lowest since September 27
Federal Reserve speakers Wednesday: Powell, Cook, Williams, Barr, Jefferson European Central Bank speakers for Wednesday, 8 November 2023 include head economist Lane Baidu ordered artificial intelligence chips from Huawei this…
Read More »Asian stocks muted amid Fed, China jitters; Nikkei soars after BOJ
Original source: https://www.investing.com/news/stock-market-news/asian-stocks-muted-amid-fed-china-jitters-nikkei-soars-after-boj-3216142
Read More »Market Update – October 31 – Stocks Down & Yen plummets
Asian stock markets traded mixed, with China bourses underperforming after weaker than expected PMI reports that signal ongoing weakness, especially in the manufacturing sector. Treasuries meanwhile found buyers and the…
Read More »Wall St rallies 1%, yen gains vs dollar; talk of BOJ policy tweak
Original source: https://www.investing.com/news/economy/asia-stocks-dip-on-middle-east-central-bank-meetings-3212835
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