Japan Update Archives - Page 2 of 62

Japan Update: BoJ Tankan Disappoints as Manufacturing DI Falls

BoJ Tankan Disappoints as Manufacturing DI Falls
Kishida Said to be Considering Harsh Punishment for Scandal
Regional Banks Raise Interest Rate on Demand Deposits

April 1, 2024

Japan Update: BoJ Summary of Opinions Emphasizes Slow, Deliberate Steps to Normalization

BoJ Summary of Opinions Emphasizes Slow, Deliberate Steps to Normalization
FY 2024 Budget Passes House of Councilors
Size of Overnight Call Market Declines After NIRP End
Gasoline Subsidies Remain, Electricity, Town Gas Subsidies End in May
Kishida Will Announce Punishments for Political Fundraising Scandal Next Week

March 28, 2024

Japan Update: USDJPY Hits 34-Year High, BoJ, MoF, FSA Meet, Suzuki Issues Warnings

USDJPY Hits 34-Year High, BoJ, MoF, FSA Meet, Suzuki Issues Warnings
BoJ’s Tamura Sees Rates Rising to a “Level Where They Can be Effective”
Nationwide Land Prices Rise 2.3%, Fastest Increase Since 1991
February Corporate Service Prices Rise 2.1%
Is a 2% Inflation Target Too High for Japan?
Punishments for Illegal Political Fundraising Likely to be Light
Idemitsu (5019) to Shutter Chiba Ethylene Plant
Long View: What Happens Now That Nikkei 225 Topped 1989 High?

March 27, 2024

Japan Update: MoF’s Kanda Warns of Potential Currency Intervention

MoF’s Kanda Warns of Potential Currency Intervention
February Department Store Sales Up 14%
Sumitomo Life “Aggressive Buyer” of 30-Year JGBs Above%
Listed Companies Boost Returns to Shareholders to ¥25 Trillion
Toshihiro Nikai Will Not Seek Reelection
Voters Remain Skeptical of Rising Real Wages

March 25, 2024

Japan Update: February Nationwide Core CPI Up 2.8%

February Nationwide Core CPI Up 2.8%
Second Rengo Survey Shows Wages Up 5.25%, Highest Since 1991

March 22, 2024

Japan Update: BoJ: Market Already Looking for the Next Rate Hike

BoJ: Market Already Looking for the Next Rate Hike
Nikkei 225 Index Hits Record High as BoJ Policy Anchored
Suzuki Warns Against Excessive USDJPY Volatility
February Tourist Arrivals Up 7.1% From February 2019
Banks Boost Demand Deposit Rates, What Happens to Mortgage Rates?
Kishida Mulls Appropriate Punishment for Illegal Political Fundraising Scandal
Overnight Call Rate Positive for First Time Since 2016

March 21, 2024

Japan Update: Nikkei 225 Index Rebounds 1,032 Points Ahead of BoJ Decision

Nikkei 225 Index Rebounds 1,032 Points Ahead of BoJ Decision
Big Hint: BoJ Conducts 3-Day Repo Operation
January Machinery Orders Fall 1.7%, Outlook Downgraded
Kishida Sees GDP Goal of ¥1 Quadrillion Before 2050
Keidanren Questions OER in CPI Calculations
Abe Faction Leaders “Don’t Know Nottin’” in Ethics Council Hearing

March 18, 2024

Japan Update: BoJ: It Looks Like March

BoJ: It Looks Like March
Rengo: Large Companies Increased Wages by 5.28%, Smaller Companies by 4.42%
MoF’s Suzuki: “No Longer in Deflation”
JGBs Sold as US-Japan Spread Widens
As Foreigners Buy More Japanese Equities Yen Hedge Selling Increases

March 15, 2024

Japan Update: Large Companies Outdo Each Other with Generous Wage Hikes

• Large Companies Outdo Each Other with Generous Wage Hikes• Private Sector Economists See Limited Rate Hikes After NIRP Ends• Excess Savings from COVID Grants

March 13, 2024

Japan Update: Jiji Articles Raise Expectations of NIRP End in March

Jiji Articles Raise Expectations of NIRP End in March
Nikkei 225 Index Falls, Yen Rises, JGBs Sold on Prospect of NIRP End
October-December Quarter GDP Revised Up on Strong Capex
Kishida’s Approval Rating Falls to New Low
BoJ Has ¥34 Trillion Unrealized Gains on ETFs
Kishida to Meet with Labor, Management to Review Wage Settlements
February Machine Tool Orders Fall 8%

March 11, 2024

Recent Publications

Japan Update: July Economy Watcher’s Index Falls

Ask Me Anything & Summary of Views with Julian Brigden – August 2022

Thoughts From The Divide – Releasing the Hounds

Japan Update: Japanese Electronic Parts Makers Report Higher Inventories

Macro Insiders: In Focus Trade Portfolio – August 2022

MI2 China Update: Pelosi’s Taiwan trip still on, despite China signaling a potential military response

Blog Posts

Japan Special Report: Ueda Press Conference

Macro Insiders: Deep Dive from Raoul – Here Comes the Sun

Japan Update: Market on Intervention High Alert as USDJPY Tops 155

Japan News Weekly Digest | 4/15 – 21

Japan Update