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
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
SINGAPORE (Reuters) – The war in Ukraine and the resulting fuel price hikes are expected to hold back global agricultural production in 2023, weather permitting. Supplies are likely to remain tight, even as higher prices give farmers a boost in production. WASHINGTON (Reuters) – The war in Ukraine and associated fuel prices are expected to … 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
RIYADH (Reuters) – Saudi Arabia’s crown prince seized the opportunity of Chinese President Xi Jinping’s visit to Saudi Arabia this week to consolidate his position as a leader in the Middle East and launch a unique diplomacy that distances him from the United States I’m trying to show you the route. Saudi Arabia’s powerful Crown … Read more
(Reuters) – Russia plans to spend nearly a third of its budget next year on defense and internal security. Budgets allocated to schools, hospitals and roads will be cut in order to fund the maintenance of military operations in Ukraine. Russia will spend nearly a third of its budget next year on defense and internal … Read more
On November 25th, the government announced the “asset income doubling plan,” which aims to double the total number of accounts under the tax exemption system for small investments (NISA) to 34 million and the investment amount to 56 trillion yen over five years. summarized. Photo courtesy of Prime Minister Kishida. Photographed in Tokyo in October … Read more