Silicon Valley bank failure, limited impact on Japan’s financial system = Bank of Japan | Reuters

On March 14, the Bank of Japan’s Financial System and Banking Department issued a statement regarding the failure of the US Silicon Valley Bank (SVB), stating, “The direct exposure of Japanese financial institutions is thought to be negligible, and the impact on Japan’s financial system is currently limited. I’m looking at it,” he commented. FILE … Read more

World will face two billion liquidity drought by 2025 – Monetary Policy

“A massive withdrawal of liquidity by central banks is underway. This could cause renewed volatility in the public debt market”. The alert is made by Brian Coulton, executive director of Fitch Ratings, in an analysis in which the financial rating agency anticipates that two billion dollars will be withdrawn, globally, in the next two years. … Read more

Tokyo inflation soars to 4.3%, highest since 1981 as IMF warns BOJ to adjust measures to cope with stronger-than-expected inflation

Bloomberg news agency The Tokyo inflation report soared above 4%, reiterating that inflation may be stronger than the Bank of Japan (BOJ) had expected. Japan’s Ministry of Internal Affairs reported that the consumer price index excluding fresh food or inflation rose in January 2023 for the Tokyo area. 4.3% Compared to the same period last … Read more

Column: Abolition of YCC, which is highly difficult, BOJ needs to be prepared for paradigm change = Hideo Kumano | Reuters

Hideo Kumano Chief Economist, Dai-ichi Life Research Institute [Tokyo 26th]- Soon the name of the new governor of the Bank of Japan will be revealed. The normalization of monetary policy that person must undertake is likely to be an extremely bumpy road. Perhaps his five-year term will not be enough, and it may take more … Read more

BOJ loses Kuroda’s authority, easy opponent for bond vigilantes – Bloomberg

Whoever has been nominated as the next governor of the Bank of Japan is less of a market authority than incumbent Haruhiko Kuroda. That could make some investors more aggressive to push yields higher after the governor’s change, said John Bale, chief global market strategist at Nikko Asset Management. “None of them is probably as … Read more

Positive foreign factors push SET through 1,700 points I TNN Hours of making money I 17-01-66

Positive foreign factors push the SET through 1,700 points This week is another week where we still have to see if the SET Index will reach 1,700 or not. But if assessed from the voices of many analysts Quite the same view that there is a chance to pass. because of pressure factors, especially from … Read more

Japanese Stocks Rise for 5th Straight, Hopes for BOJ Policy Change – Banks Top Gainers – Bloomberg

The Tokyo stock market rose for five consecutive days. It was reported that the Bank of Japan would examine the side effects of the large-scale easing measures, and buying in anticipation of policy changes became dominant. Buyers gathered in bank stocks, and the rate of price increase was the highest among the 33 industries on … Read more

BoJ announces unplanned bond purchases for the third day

The Bank of Japan (BoJ) announced on Friday that it conducted unscheduled asset purchases on the third day of the last week of trading in 2022. The key details (via Bloomberg) “The BoJ offered unlimited purchases of two-year bonds at a yield of 0.04% and five-year bonds at 0.24%.” “It also offered to buy a … Read more

Super-long-term bonds drop, BOJ offers bids on medium-term bonds-deep-rooted policy revision speculation – Bloomberg

In the bond market, super long-term bonds fell. In addition to a rise in US long-term interest rates, speculation about a policy revision by the Bank of Japan was strongly conscious. The BOJ notified the Bank of Japan of extraordinary purchases of JGBs, including a limit price operation on 10-year bonds every business day, as … Read more

Long-term interest rates fall sharply, BOJ buys government bonds

Bond prices rose. Long-term interest rates fell sharply after the Bank of Japan conducted an operation to purchase government bonds targeting medium- to long-term bonds.However, in the market, the negative interest rate policylifted2-year bonds, which are susceptible to monetary policy, have remained weak, as the Bank of Japan has a sense of caution that it … Read more