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
TOKYO (Reuters) – The consumer price index (CPI, seasonally adjusted) rose 6.5% in December from the same month last year, according to the U.S. Labor Department. Growth slowed from 7.1% in November to the lowest since October 2021. If the yen appreciates, the stock price may drop below 26,000 yen at one point. Although the … Read more
(Reuters) – General Motors (GM) has retaken the top spot in U.S. car sales in 2022, surpassing Toyota. General Motors (GM) has surpassed Toyota in 2022 to retake the top spot in U.S. car sales. REUTERS/Rebecca Cook/File Photo According to data released by automakers on the 4th, GM’s sales in 2022 increased by 2.5% to … 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
TOKYO (Reuters) – Japan’s August trade deficit hit a record high for a single month. If this pace continues, 2022 is likely to reach a record high for a calendar year. The question is whether this deficit is temporary or has become a permanent trend. Unfortunately, there is an increasing possibility that the recording of … Read more
[TOKYO (Reuters)]- Japan’s trade deficit continues to expand. In July, it was 2.1 trillion yen (seasonally adjusted), and it is a situation where we may have a deficit of over 20 trillion yen on an annual basis. The income balance in fiscal 2021 will be in the black of 19 trillion yen, and there is … Read more