Japan’s MoF announces stimulus spending to support firms, workers

Japan to tap 2.17tln yen of coronavirus reserve funds Stock indexes in Japan are trading higher following the Wall St. tech lead overnight 

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Japan will raise tariffs on US beef imports for 30 days

Japan’s Ministry of Finance confirms.

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Japan – Jibun Bank/Markit Services 46.3 and Composite 48.2 PMI (final) for February 

Preliminary and priors can be found here

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Japan – Jibun Bank/Markit Manufacturing PMI (final) for February 51.4

Japan Jibun Bank / Markit PMIs for February comes in at 51.4 – preliminary for Manufacturing was 50.6  – prior 49.8

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USD/CAD Downtrend Resumes as Powell Calms Stock Market, Nikkei 225 at Risk

The Canadian Dollar extended gains as Fed Chair Jerome Powell quelled market volatility. Japan’s Nikkei 225 may gap lower, with NZD/USD eying the RBNZ during the APAC session.

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Live Analysis | February, 15

Stock markets supported by recovery hopes. Markets started the week in full risk on mood, as confidence in the global recovery strengthened. Japan Q4 GDP numbers came in higher than…

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Japan – Jibun Bank/Markit Services 46.1 and Composite 47.1 PMI (final) for January

Japan – Jibun Bank/Markit PMIs … both of these still in contraction.  Comment from the Markit report accompanying the results:

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Japan manufacturing PMI for January 49.8

 Japan – Jibun Bank/Markit Manufacturing PMI (final) for January  Back into contraction for the month to kick-off 2021. Falls for both employment and output indexes

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FX Update – January 18 – USD Holds on to gains

USDindex, H1 The USDIndex has posted a one-month high at 90.88, which sets up potential for a third consecutive up week, something that hasn’t been seen since January last year….

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USD/JPY 1Q Forecast: Can the BoJ Keep Up With the Breakneck Pace of the FOMC?

With Shinzo Abe now no longer leading Japan, can Abenomic-fueled Yen losses remain?

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