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
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
Daisuke Karakama Mizuho Bank Chief Market Economist [Tokyo, 24th]- Looking at the yen position in the IMM currency futures trading, which is often the focus of speculative movements in the foreign exchange market, as of January 17, 2023, it is a net sell of $ 2.24 billion. there is This is the smallest net short … Read more
Google parent Alphabet Inc. plans to cut 12,000 jobs, adding to the impression that the U.S. tech industry is gearing up for a slower-growing future. FILE PHOTO: Google’s offices in Mountain View, Calif., May 2022. REUTERS/Peter DaSilva NEW YORK (Reuters Breakingviews) – Google parent Alphabet plans to cut 12,000 jobs, adding to the impression that … Read more
(Reuters) – The European Union (EU) is expected to raise competition concerns over Microsoft’s proposed acquisition of US game giant Activision Blizzard, it was learned on January 16. Photo taken on January 18, 2023. (Reuters/Dado Ruvic/Illustration) [ブリュッセル １６日 ロイター] – The European Union (EU) is expected to express competition concerns over Microsoft’s proposed acquisition of … Read more
Japan’s newly issued 10-year government bond yield rose to 0.5%. The Bank of Japan expanded the permissible fluctuation range of long-term interest rates on December 20, 2018, but it seems that it reached the “upper limit” in about two and a half weeks. The photo is an image. Photographed in Tokyo in February 2013. (2023 … Read more
Yasunari Ueno Mizuho Securities Chief Market Economist [Tokyo, 3rd]- The biggest shock to financial markets in 2022 was the monetary policies of the US and European central banks, including the US Federal Reserve Board (FRB). The biggest shock to the financial markets in 2022 was the monetary policy of the US and European central banks, … Read more
Osamu Takashima Citigroup Securities Chief FX Strategist TOKYO (2nd) – The dollar/yen, which approached 152 yen in October 2022, fell sharply in November following the release of the US Consumer Price Index (CPI), which suggests that inflation has eased. Expectations that the U.S. Federal Reserve (Fed) will ease its pace of monetary tightening have risen … Read more
On December 19, the economic crisis-hit Ghana stopped paying most of its external debt, effectively defaulting on its debt. FILE PHOTO: Accra December 2016. REUTERS/Luc Gnago ACCRA (Reuters) – Crisis-hit Ghana has effectively defaulted on Monday after it stopped paying most of its external debt. The country’s finance ministry said it would not repay eurobonds, … Read more
Norihiro Fujito, Chief Investment Strategist, Mitsubishi UFJ Morgan Stanley Securities [Tokyo 7th]- Powell, Chairman of the US Federal Reserve Board (FRB), has a wide range of policy stances. Until last year, he consistently repeated his view that “high prices are temporary” and that “we can be patient with rate hikes.” However, signs of change emerged … Read more