The Bank of Japan’s minutes for the September meeting minutes are released early Wednesday denoting that few members said need to be watchful to the impact of monetary tightening by some central banks could have on global markets. Members agreed Japan’s economy is picking up. Several members said weak yen …
Read More »USD/JPY observes selling pressure on stronger yen.
The USD/JPY pair has witnessed a slight rebound after hitting 128.00 low late during the US trading session. The pair has faced decent selling pressure on Wednesday despite a broader strength in the US dollar. The heightened risk-off impulse in the market is behind the dollar against the majority of …
Read More »US, UK, Japan Perform Differently In Economic Growth
Surging American demand draws investment as well as interest and attention of investors from overseas while at the same time supply chains working to keep pace and driving up pricesAs the cost of groceries, clothing and electronics have gone up in the America, prices in Japan have stayed low. In …
Read More »Nikkei Closes Lower But Achieves First Weekly Gain in 3 Weeks
Japanese shares fell on Friday due to a decline in technology shares and caution ahead of US inflation data. Still, they posted their first weekly gains in three weeks as concerns eased about the impact of the new Omicron strain of the Coronavirus on the pace of economic recovery. The …
Read More »Bank of Japan Decides to Keep Interest Rates
The Bank of Japan decided at its monetary policy meeting held today, by a majority vote, to fix negative interest rates at -0.1% on current accounts held by financial institutions with the bank in the short term. The bank also decided to control long-term interest rates, by purchasing the required …
Read More »BOJ would hold fire as inflation surges, Yen weakened
The Bank of Japan is expected to keep fiscal policy settings steady on Thursday and to contain inflation to stay below its 2% target for at least two more years.The BoJ is widely expected to leave its stimulus unchanged amid further delay in the economic recovery from the pandemic, only …
Read More »Global economy caught by storm
Consumers worldwide are starting to feel the pinch from the surge in costs coursing through the global economy.The rebound as coronavirus restrictions are eased has exposed supply chain shortages, with firms scrambling for workers, ships and even fuel for factories, threatening the crawling economic recovery.Shortages of warehouse workers, truckers and …
Read More »Japan’s new PM seeks new mandate to handle recovery
Newly elected Japanese Prime Minister Fumio Kishida said Monday he will dissolve the lower house next week in preparation for 31 October elections as he seeks a fresh mandate to deal with the coronavirus pandemic, the sagging economy and security threats from China and North Korea. Kishida was formally elected …
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