Category: Japan

  • Japan chief cabinet secretary Hayashi says equity prices are determined in the market

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Japan chief cabinet secretary Hayashi says equity prices are determined in the market

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Japan spent $36.8 billion in July intervention, official data shows By Reuters

    By Kevin Buckland TOKYO (Reuters) – Japanese authorities spent 5.53 trillion yen ($36.8 billion) intervening in the foreign exchange market this month to lift the yen from a 38-year low, official data showed on Wednesday. The Finance Ministry figures confirmed the doubts of traders and analysts following the sharp rise…

  • “Bank of Japan to outline bond taper plan, debate rate hike timing”

    Reuters Post a piece with a good explanation if you want another preview. previously: Bank of America expects BoJ rate hike today… see USD/JPY (finally) at 145 Bank of Japan Decision Day: Will Interest Rates Rise or Stay Steady? There was a leak overnight: Bank of Japan Discusses Raising Interest…

  • South Korea Taps US Trade Deal to Prevent Chip Spats with Japan

    Breadcrumbs Path Links PMN Business South Korea is seeking to play a bigger role in a U.S.-led trade pact in Asia aimed at stemming the risk of friction with Japan that has affected global semiconductor supply chains. Article author: Published on July 30, 2024 • Read for 3 minutes You…

  • 5 reasons the Bank of Japan should be wary of hiking rates this week

    Via Scotia, Preview Comments on What to Expect from the Bank of Japan. Of the 46 consensus forecasters, only 9 expect a rate hike. Markets are pricing in a 10 basis point rate hike, which has been around 70% with pricing around 7 basis points. The argument for raising interest…

  • Japan urges G20 vigilance against excessive FX fluctuations By Reuters

    Written by Makiko Yamazaki RIO DE JANEIRO (Reuters) – Japan has urged its G20 counterparts to be more vigilant against excessive volatility in foreign exchange rates caused by speculation, Japan’s top currency diplomat Masato Kanda said on Thursday. Kanda said at a press conference held during the meeting of G20…

  • Japan touts G20 reaffirmation of forex commitments as key achievement By Reuters

    Written by Makiko Yamazaki RIO DE JANEIRO (Reuters) – Japan sees the recent G20 joint statement’s affirmation of existing commitments against excessive exchange rate volatility as a major achievement, Japanese Finance Minister Shunichi Suzuki said on Friday. “We believe there have been significant achievements at the G20, such as including…

  • Metaplanet Acquires Exclusive License to Launch Bitcoin Magazine Japan

    Tokyo, Japan – July 26, 2024 – In a significant step towards expanding its international reach, Bitcoin Magazine, in collaboration with Metaplanet (TYO), announced the opening of its new Tokyo, Japan office on July 26, 2024, at the Bitcoin Conference in Nashville, Tennessee. This initiative underscores the joint commitment to…

  • Economic calendar in Asia on Thursday, July 25, 2024 – some data from Japan

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Daily FX Market Review: Pressure Mounts on Bank of Japan as Yen Rises for Second Day

    the Japanese Yen The pound rose for a second day in a row against the US dollar, supported by comments from a senior Japanese politician. Bank of Japan (BOJ) conducts Urged by Toshimitsu Motegia senior official in Japan’s ruling party, to more clearly indicate his intention. Monetary policy normalization. Normalization…

  • Gate.io To Wind Up Services For Customers In Japan

    The cryptocurrency exchange landscape is constantly evolving, with platforms like leading cryptocurrency exchange Gate.io constantly adapting to regulatory changes and market dynamics. In a recent development, Gate.io, a prominent player in the digital asset trading space and leading blockchain crypto platform, has announced plans to scale back services to customers…

  • Gate.io To Wind Up Services For Customers In Japan

    The cryptocurrency exchange landscape is constantly evolving, with platforms like leading cryptocurrency exchange Gate.io constantly adapting to regulatory changes and market dynamics. In a recent development, Gate.io, a prominent player in the digital asset trading space and leading blockchain crypto platform, has announced plans to scale back services to customers…

  • Japan finance minister Suzuki scolds government minister speaking about markets

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • US retail sales gains more attention as Japan eyes big data to intervene

    The latest yen intervention effort is an out-of-the-ordinary move as Japan appears to be trying out a new strategy. It is relying on weaker US data to push the USD/JPY pair down in particular. Previous: Bank of Japan data suggests Japan also intervened in the foreign exchange market on July…

  • Newsquawk Week Ahead: US & UK Retail Sales, Japan, NZ, UK and Canada CPI, and ECB

    Mon: Republican Convention, Holiday: Japanese Marine Day, Eurogroup Meeting, Eurogroup Informal meeting ofEnergy Ministers; Chinese GDP (Q2), Industrial Output/Retail Sales (Jun), Swiss PPI (Jun), US NY FedManufacturing (Jul), EZ Industrial Production (Jun); China’s Third Plenum (15-18th July) Tue: Republican Convention; German Wholesale Price Index (Jun), ZEW (Jul), EZ Trade Balance…

  • Japan finance minister Suzuki says rapid FX moves are undesirable

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Japan PPI (June 2024) +0.2% m/m (expected +0.4) and +2.9% y/y (expected +2.9%)

    Inflation rates are still rising strongly at the wholesale level. The USD/JPY currency pair was little changed around the 161.36 level. — The Producer Price Index (PPI) in Japan is also known as the Corporate Goods Price Index (CGPI). It is a measure of the average change over time in…

  • Asian stocks rise as rate cut bets build; Japan tests record highs By Investing.com

    Asian stocks rose on Thursday, tracking gains on Wall Street overnight, as a string of weak economic readings prompted investors to ramp up bets that the Federal Reserve will cut interest rates by September. Japanese stocks have been the best performers in recent sessions, recovering most of the losses they…

  • Yen slides to fresh lows as Japan authorities stick to sidelines By Reuters

    By Kevin Buckland TOKYO (Reuters) – The yen fell to a 38-year low against the dollar and a record low against the euro on Wednesday as the Japanese currency continued its slide with Japanese officials largely on the sidelines amid the risk of intervention. The dollar rose, recovering losses from…