The
big news out of the Asian timezone today was the Bank of Japan
intervention to sell USD/JPY. Estimates of the amount of selling
ranged from USD30bn to USD50bn. The BoJ has to sell its foreign
reserves...
Japanese Yen, USD/JPY, Bank of Japan, Sentiment, Technical Outlook – Talking PointsAsia-Pacific stocks face headwinds from higher Treasury yields to close the weekJapanese inflation data in focus as heavy volume of options trades...
One of the great mysteries of the current world is how Japanese inflation remains so low. Commodity inflation has skyrocketed, the government continues to spend, rates are still zeroed out and the...
Japanese Yen, USD/JPY, MoF, BoJ, US Dollar, Technical Outlook – Talking PointsA risk-off day for Asia-Pacific markets looks likely as USD gathers strengthJapanese economic data on tap as the BoJ and MoF’s patience...
Headlines via Reuters, the news wire reporting on an FT piece. Comments from Japan PM Kishida:
Says central bank needed to maintain its policy until wages rose;
urges companies that do increase prices to raise...
