Tag: Japans

Japan’s Suzuki: Further sharp yen weakening is unfavourable with inflation being an issue

A further sharp weakening in the yen is unfavourable in the current situation, when inflation is an issueIs the narrative starting to change? There was already a subtle hint by the BOJ on...

Japan’s Monex Posts 14% YoY Q2 Revenue Decline as Crypto Turns Loss

Japan’s financial services giant, Monex Group (TYO: 8698), has generated total revenue of more than 21.3 billion yen in the second quarter of the financial year 2023. It was almost 4.5 percent higher...

70% of Japan’s life insurers plan to cut holdings of foreign debt, mainly USTs

Nikkie with the report:Japanese life insurance companies plan deeper cuts to holdings of U.S. government bonds as the cost of protecting against the...

Goldman Sachs remains bullish USD/JPY – Japan’s policy mix unsustainable – BOJ buying time

This via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. Goldman Sachs...

Japan’s suspected FX intervention fails to stem yen slide By Reuters

© Reuters. FILE PHOTO: Japan's Finance Minister Shunichi Suzuki speaks at a news conference after Japan intervened in the currency market for the first time since 1998 to shore up the battered yen...

More from Japan’s Kanda – will not confirm intervention

Japan's currency intervention official Kanda at the Ministry of Finance:no comment on intervention on Monday morningwill respond appropriately to excessive movesmonitoring FX 24/7----FWIW folks, have zero doubt this was intervention. Its not even...

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