Bank of Japan

US currency

Global Markets

Dollar bets rise a 7th week; Asia nervous at open on drone

SYDNEY (Dec 19): The dollar gained versus most major peers after data showed bets on the greenback climbed for the longest stretch since August 2015. Asian stock markets face a challenging opening to the week after the political storm spurred by China’s

US growth already getting a downgrade before polling day

SINGAPORE (Oct 4): Fitch Ratings has revised down its forecast for US growth in FY16 to 1.4% from 1.8% in July, according to its latest bi­monthly Global Economic Outlook (GEO) report for Sept.

Higher employment means higher household spending right? Not in Japan

SINGAPORE (Aug 31): Household spending in Japan has bucked conventional economic theory, falling 0.5% in July even as the unemployment rate fell to 3% in the same month, says a Wall Street Journal report on Tuesday.

World’s biggest pension fund loses $70 bil in stock rout

TOKYO (Aug 26): The world’s biggest pension fund posted a US$52 billion ($70 billion) loss last quarter as stocks tumbled and the yen surged, wiping out all investment gains since it overhauled its strategy by boosting shares and cutting bonds.

A BOJ ‘mega surprise’ could come even without boosting stimulus

SINGAPORE (July 27): In the roulette game of Bank of Japan policy forecasting, most players are betting on Governor Haruhiko Kuroda to double down on some or all of his current three main policy tools on Friday.

Currencies

Yen reaction to Brexit extreme, but expect further currency strength

SINGAPORE (June 27): The sharp rally of the Japanese yen in reaction to Brexit has been nothing short of “extreme,” writes Takahiro Sekido, Japan strategist at Bank of Tokyo Mitsubishi-UFJ in a Friday note.
UK Prime Minister David Cameron

Brexit

Expect more central bank easing, strength in yen, greenback and gold post Brexit, say experts

SINGAPORE (June 24): The UK officially decided to leave the European Union on June 23, with leave votes trumping remain by 51.9% to 48.1%. A total of 33.5 million voted. Mayhem ensued in the markets, with the British pound dropping more than 10% to a 30-y
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