Tag Archives: BoJ
The Week Ahead in FX
In the week ahead, markets will be focusing on Wednesday’s minutes of the Fed’s most recent policy setting meeting. Monetary policy meetings by the Bank of Japan and the Bank of England will also be closely watched.
JPY: Consumption tax hike and Tankan
The BoJ Tankan released today shows the benchmark business conditions DI for large enterprises at 17% for manufacturers (est. 19%, last 16%) and 24% for non-manufacturers (est. 24%, last 20%).
BOJ Kuroda: No Need To See All Data Before Acting
Bank of Japan Governor Haruhiko Kuroda said the BOJ’s board does not need to see all the economic indicators in order to decide whether the path toward stable 2% inflation is threatened and requires more monetary easing.
Daily FX Update
Markets remain quiet and in consolidation mode ahead of the NA session following an on-hold BoJ meeting and un-changed tone from policymakers at the BoE and ECB and as PBoC Gov.
BOJ Keeps Policy Target; Sees Weaker Exports, Higher Capex
The Bank of Japan said Tuesday that its board, as widely expected, decided by a unanimous vote to leave the bank’s policy target unchanged while noting weaker exports and slightly higher business investment and factory output.
FX Daily
Today’s data calendar is relatively light. France and Italy will release industrialproduction for January and provide important input on the direction of the overalleuro area industrial production data to be released on Wednesday.
Forex Weekly Report
CHF Strength Not all About Risk Aversion Despite its widely projected demises, the CHF has appreciatedsignificantly for most of the year.
BOJ Ishida: Can Hit 2% CPI in 2nd Half of FY13 to FY15
Bank of Japan board member Koji Ishida on Wednesday repeated the official projection that Japan can achieve stable 2% inflation in the latter half of the BOJ’s economic forecast period from
G-20 Agrees On Monetary Policies ‘Calibration,’ Eye On Growth
The first G-20 meeting under Australian leadership managed to agree more than skeptics thought possible – the idea that developed economies will calibrate their monetary policies and
FX: Denial mode
“When the US sneezes, the rest of the world catches the cold.” Bad US ISM? Weather. Bad Chinese PMI? New Year.
Bank of Japan Needs To Add Stimulus To Keep Abenomics Moving
The Bank of Japan is expected to ease policy further by this summer to help boost the economy and pull it out of a 15-year deflation, as the effects from Prime Minister Shinzo Abe’s stimulus strategy loses momentum, a Reuters poll showed.
Forex Weekly Report
Energy dependence has detrimental impact on current account The Japanese current account is being watched carefully for signs of improvement.