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
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
[TOKYO (Reuters)]- The rebound of the dollar/yen has weakened. In addition to speculation that the pace of US interest rate hikes will slow, speculation over the Bank of Japan’s policy revisions weighed on the topside. Although fundamental factors such as Japan’s trade deficit remain in the yen’s depreciation, many in the market are of the … 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
On the afternoon of October 6, Prime Minister Fumio Kishida (pictured) expressed his view that it would not be appropriate to use foreign currency assets held in the foreign exchange special account, which is the source of funds for foreign exchange intervention, as financial resources for economic measures. FILE PHOTO: New York City, New York, … 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
On April 13, the Ministry of Economy, Trade and Industry announced that it would take measures for small and medium-sized enterprises and small businesses affected by the partial suspension of production of Hino Motors. The photo is the Hino Motors logo. Taken in 2017 in Tokyo. (2022 Reuters / Kim Kyung-Hoon) [Reuters, Tokyo 13th]–The Ministry … Read more