Japan FinMin Suzuki: I hope the BoJ maintains suitable policy
Japan’s Finance Minister (FinMin) Shunichi Suzuki praised the efforts of Bank of Japan’s (BoJ) outgoing Governor Haruhiko Kuroda early Friday. “Bank o
Read More »Japan to restrict chipmaking equipment exports as it aligns with U.S. China curbs
Original source: https://www.investing.com/news/stock-market-news/japan-to-restrict-chipmaking-equipment-exports-aligning-it-with-us-china-curbs-3045739
Read More »Japan December (final) Services PMI 51.1 (prior 50.3)
<p>Earlier this week we had:</p><ul><li><a href="https://www.forexlive.com/news/japan-manufacturing-pmi-for-december-final-489-vs-prior-490-20230104/" target="_blank" rel="follow" data-article-link="true">Japan manufacturing PMI for December (final) 48.9 (vs. prior 49.0)</a></li></ul><p>The preliminaries and priors for the December PMIs are here:</p><ul><li><a href="https://www.forexlive.com/news/japan-jibun-preliminary-flash-manufacturing-pmi-for-december-488-prior-490-20221216/" target="_blank" rel="follow">Japan…
Read More »Reminder – most of Asia is on holiday today, forex liquidity is extremely thin
<p>ICYMI,<a href="https://www.forexlive.com/news/a-barrage-of-asian-market-holidays-incoming-next-week-fx-guide-20221223/" target="_blank" rel="follow"> I posted last week on the holidays in major FX centres in Asia this week</a>. The whole week is going to be more or less a…
Read More »CADJPY: A new 2022 low ahead of the Canadian CPI release
Yesterday, the Bank of Japan unexpectedly tweaked its yield curve control (YCC) policy, raising its target for 10-year bond yields to 0.5% (previously 0.25%). The move reflects the central bank’s…
Read More »Events to Look Out For Next Week
An enormous week is over, with banks slowing the pace of tightening moves and flagging that more tightening is likely to come next year. There is still however the Bank…
Read More »Sony plans smartphone sensor factory in Japan – Nikkei
Original source: https://www.investing.com/news/stock-market-news/sony-plans-smartphone-sensor-factory-in-japan–nikkei-2965630
Read More »Japan preliminary November PMI, manufacturing plunges to contraction, services on the edge
<p>The manufacturing result is the lowest in 2 years</p><p>Commentary from the report:</p><p>“Activity at Japanese private sector firms declined for the first time in three months, according to November flash PMI…
Read More »More from BOJ Gov Kuroda: Japan has yet to see inflation hit 2% in stable sustained manner
<p>Bank of Japan Governor Kuroda</p><ul><li>Japan's CPI rise above 3% is driven mostly by rising import costs</li><li>Japan has yet to see inflation hit 2% in a stable sustained manner</li></ul><p>more to come…
Read More »Japanese authorities closely watching forex market moves
Reuters reported that Japan’s top currency diplomat Masato Kanda said on Friday that he was closely watching forex market moves with a high sense of u
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