Tag Archives: Japan
Japan Wholesale Prices Rise 1.3 Percent in 2013
Japan’s wholesale prices rose 1.3 percent in 2013 after declining 0.9 percent the previous year due to a weaker yen, which pushed up prices of oil and coal products, the Bank of Japan said Thursday.
Japanese Machine Orders Rise 9.3 Percent in November
Japan’s core private-sector machinery orders rose a seasonally adjusted 9.3 percent on month in November to their highest level in over five years, the government said Thursday,
Risks & Drivers – Tapering our global growth forecasts
Positive growth signals continue to trickle out across the globaleconomy. The Eurozone economic recovery has stabilised, havingrecorded its second consecutive quarter of modest growth in Q3.
FX Daily Strategist: Europe London: 14 November 2011
Did Happy Friday pre-empt a Happy Monday? On Thursday we noted the risk of a series of fortunate evidence in Italy that could conspire to produce a decent risk rally on Monday – the Senate and lower house passage of the austerity/reform bill, the resignation of Silvio Berlusconi, an announcement that Mario Monti has been […]
Japanese flows to EM: FX overlay Toshin funds revisited
BRL (FX) overlay Toshin funds have regained traction and are seeing inflows from Japanese retail investors after the sell-off during September. This suggests that Japanese retail investor appetite for yield and asset diversification remains intact.
JPY: Somewhat surprising in terms of timing but decisive intervention
As Japan Finance Minister Azumi confirmed, the Ministry of Finance (MoF) intervened to sell JPY in the Tokyo morning session today, and USD/JPY rose from 75.6 to 79.3 (+4.9%) and EUR/JPY from 107.10 to 111.5 (+4.1%).
FX Strategist – Weekly Update: revisiting the yen – please recycle
With most currency pairs in limbo awaiting the results of the weekend summit in Europe, we turn our attention to the JPY, which has been somewhat sidelined in recent weeks.
FX DAILY STRATEGIST: US – 17 Oct 2011
Eurozone optimism to be tested ahead of Sunday EU Summit The risk rally from last week continued into the Asian session with the G20 weekend meeting promoting expectations of a concrete plans to be put in place at the EU Summit on 23 October on the leveraging of the EFSF, European bank recapitalisations and details […]
FX Strategy Flash: USDJPY – Short from Y77.40
– Find attached two previously published FX Strategy pieces related to USDJPY and authored by Rob Ryan – The first, originally published on Sep 8 (‘On the Floor in Japan’) includes a discussion of why we believe it is totally wrong to expect the BoJ to attempt to mimic the SNB’s September actions is setting […]
Japan considers additional EFSF bond purchase, but timing is not very helpful for EUR
Today’s Nikkei daily newspaper reports the Japanese government has begun to consider purchasing additional EFSF bonds, and Chief Cabinet Officer Fujimura (the PM’s spokesperson) confirmed the general idea.
Daily Economic Briefing: September 12, 2011
Global data summary Tensions continue to build in the EMU fiscal crisis. Investors are sensing a breaking point may be in the offing and, with little idea of what this will be or how it will play out, are moving quickly to the exit. In the event of a disorderly involuntary default, Greece would likely […]