Japan raises interest rates to 31-year high to curb impact of rising prices Increase from 1% to 1.25% follows US Federal Reserve and European Central Bank tightening monetary policy The Guardian - UK · Sep 18
Bank of Japan hikes rates to 31-year high to battle inflation Japan’s central bank on Friday raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high. Euronews · Sep 18
Yen slumps after BOJ hikes rates as expected The yen declined against major currencies after the Bank of Japan raised interest rates. Japan's core inflation remained steady near the central bank's target. The British pound held at a two-and-a-half-month low after the Bank of England's decision. The Aussie dollar advanced as inflation risks materialized for policymakers. Bitcoin and… The Economic Times · Sep 18
Yen weak ahead of BOJ decision; rate hike expected The yen dipped against both the dollar and euro as investors speculated about a potential interest rate hike by the Bank of Japan. Recent inflation figures showed a small miss in expectations for August, contributing to market volatility. Meanwhile, the Bank of England opted to maintain steady interest rates, and… The Economic Times · Sep 18
Japan's Interest Rates Could Hit A Three-Decade High. Nearly 9 In 10 Economists Expect Another Hike. Higher prices and stronger wages are adding to expectations that Japan's central bank will accelerate the pace of its monetary policy tightening. International Business Times · Sep 17
Global Market: Nikkei gains as investors snap up gaming, pharma stocks Japan’s Nikkei edged higher as investors bought beaten-down gaming and pharmaceutical shares, while falling crude oil prices supported sentiment. Gains remained limited as chip stocks fell and investors awaited the Bank of Japan’s policy decision. The Economic Times · Sep 17
Hawkish Fed lifts dollar to 7-week high as focus turn to BOJ In a remarkable shift, the dollar has climbed to its highest point in seven weeks after the Federal Reserve's decision to elevate interest rates and hint at more hikes. Investors are now keenly watching the forthcoming decisions from the Bank of England and the Bank of Japan. The surge in… The Economic Times · Sep 17
Global Market: Japan’s Nikkei flat as investors await Fed, BOJ decisions Japan’s Nikkei was largely flat on Wednesday as investors stayed cautious ahead of interest-rate decisions from the US Federal Reserve and Bank of Japan. Weakness in chip stocks offset gains in energy and trading shares, while the broader Topix outperformed. The Economic Times · Sep 16
Global Market: Bank of Japan poised for rate hike as oil prices fuel inflation The Bank of Japan is expected to raise its policy rate by 25 basis points to a 31-year high of 1.25% as rising oil and import costs intensify inflation risks. Investors will watch Governor Kazuo Ueda’s guidance for signals on further monetary tightening. The Economic Times · Sep 16
Global Market: Japan inflation risks put BOJ rate path in focus Japan’s inflation outlook is becoming increasingly sensitive to import costs, yen movements and supply shocks, raising concerns at the Bank of Japan. Policymakers are assessing whether these pressures could become persistent and influence inflation expectations, as the central bank weighs further rate hikes amid changing domestic and global economic conditions. The Economic Times · Sep 14
Dollar steady, yen near 7-month high ahead of Fed, BOJ meetings The dollar maintained its stability as the yen approached a peak not seen in seven months this week. With key policymakers weighing potential interest rate hikes from both the Federal Reserve and the Bank of Japan, investors are keenly watching for a possible rate increase following the latest consumer price… The Economic Times · Sep 14
Surging inflation puts interest rates back in focus as policymakers meet in Japan, US and UK Iran war and turbulent global bond markets add to pressure as rate decisions loom this week in major western economies The Guardian - UK · Sep 13
5 world market themes for the week ahead With the Federal Reserve and the Bank of Japan set to make pivotal interest rate decisions against a backdrop of escalating energy prices, global financial markets brace for change. Meanwhile, BRICS leaders convene in India to explore the integration of central bank digital currencies for seamless payments. In Sweden, the… The Economic Times · Sep 12
Global Market: Japanese bond yields rise as oil surge, hawkish BOJ remarks lift rate hike bets Japanese government bond yields rose as oil prices climbed amid Middle East tensions, while hawkish comments from a Bank of Japan official strengthened expectations of further rate hikes, adding pressure on bonds across maturities. The Economic Times · Sep 10
The Economic Times · Sep 10 Bessent dares traders to bet against Yen: ‘I am the house now’ In a provocative statement, Treasury Secretary Scott Bessent has urged traders to reassess their approach to the Japanese yen, indicating that he has keen foresight regarding future directives from Japanese policymakers. His recent actions marked the first yen acquisitions by U.S. authorities in three decades, along with unexpected plans to…
Barchart · Sep 9 Treasury Unveils $6B in Bond Buybacks as Bessent Warns 'I Am the House' on Yen Intervention. Here's How Markets Are Reacting. Secretary Bessent’s activist approach to markets gets mixed reviews on Wall Street.
The Economic Times · Sep 9 Global Market: Yen carry trade under pressure as currency surge raises unwind fears Japan's yen has reached a seven-month high, impacting global financial markets. Investors are reassessing the yen carry trade strategy due to potential Bank of Japan rate increases. This strategy involves borrowing yen at low rates for higher-yield investments elsewhere. Annualized returns on dollar-yen trades have decreased significantly from previous years.…
The Economic Times · Sep 8 The yen's sudden surge upsets the carry trade faithful The Japanese yen is experiencing a significant rally as anticipation grows for an interest rate hike from the Bank of Japan. This rapid rise is causing turmoil in the once lucrative yen carry trade, prompting investors to reevaluate their currency strategies. With cross-border yen loans hitting all-time highs, traders are…
The Economic Times · Sep 8 Global Market: Yen rally threatens to unravel lucrative carry trade ahead of BOJ rate decision The Japanese yen has surged ahead of an expected Bank of Japan rate hike next week, disrupting the long-standing yen carry trade and prompting investors to unwind bearish yen positions. The yen strengthened to 152.89 per dollar, while markets now price a 97% probability of a 25-basis-point BOJ hike to…
The Economic Times · Sep 8 Global Market: Japan GDP revision signals resilience as markets brace for BOJ policy move apan’s Q2 GDP grew at an annualised 1.4%, beating the initial 1.1% estimate but missing forecasts. The revision reflected a smaller decline in business investment, while consumption remained unchanged. Stronger real wage growth and resilient corporate spending may reinforce expectations of a Bank of Japan rate hike to 1.25% next…
The Economic Times · Sep 8 Global Market: Japan stocks mixed as strong data boosts rate-hike bets Japanese shares were largely steady as investors balanced stronger domestic economic data against a firmer yen and expectations of a Bank of Japan rate hike. The Nikkei 225 edged higher, while Topix declined. Energy stocks gained, but transportation shares lagged. Markets remained cautious, with attention focused on yen movements and…
The Economic Times · Sep 7 Global Market: Japanese bond yields rise as BOJ rate hike bets keep markets on edge Japan’s government bond yields rose on Monday as investors turned cautious ahead of the five-year JGB auction and reassessed expectations for further Bank of Japan rate hikes. Super-long yields rebounded after last week’s sharp decline, while markets continued to price in a 25-basis-point BOJ rate hike next week and another…
The Economic Times · Sep 7 Global Market Today: Asian stocks open higher, oil rises after attacks Asian stock markets saw gains thanks to a rise in US technology stocks on Friday. Oil prices also increased following tanker attacks between Iran and the US in the Strait of Hormuz. Investors are now keenly awaiting US inflation data that will influence Federal Reserve interest rate policies. Meanwhile, the…
The Economic Times · Sep 4 Global Market: JGB yields extend fall as stronger yen, hawkish BOJ outlook lift sentiment Japanese government bond yields extended their decline on Friday as a stronger yen and expectations of a hawkish Bank of Japan stance lifted sentiment. The benchmark 10-year JGB yield fell 5.5 basis points to 2.91%. Shifting US rate expectations also weighed on Treasury yields and supported the yen.
The Economic Times · Sep 4 Yen headed for strongest week in a month, dollar flat ahead of payroll data This week, the Japanese yen appreciated considerably against the US dollar, as traders are anticipating a potential interest rate hike from the Bank of Japan. Meanwhile, the broader currency markets are gearing up for important US payroll data releases. Federal Reserve officials suggested that if inflation eases, there may be…