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
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
LIMA (Reuters) – Farmer Leopoldo Huamani, 60, traveled three days from Charhuanca in southern Peru to the capital, Lima. And he joined a demonstration in support of former President Castillo, who was arrested and detained on treason charges. On December 18, Leopoldo Huamani, a farmer, traveled three days from Charhuanca in southern Peru to Lima, … Read more
On December 12, supporters of Brazilian President Jair Bolsonaro, who has not admitted defeat in the October 30 presidential election, attempted to break into the federal police headquarters in the capital Brasilia. The photo shows a bus on fire during protests by supporters. FILE PHOTO: Brasilia, 2022. REUTERS/Ueslei Marcelino BRASILIA (Reuters) – Supporters of Brazilian … 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
Norihiro Fujito Mitsubishi UFJ Morgan Stanley Securities [Tokyo 9th]–The Russian invasion of Ukraine suddenly reversed the hands of the clock 60-70 years ago. The 1956 “Hungarian Revolution” and the 1968 “Prague Spring” in Czechoslovakia are a return to the time when they were overrun by Soviet tanks. On March 9, the Russian invasion of Ukraine … Read more