CashNews.co Fundamental Overview Last Friday, the JPY weakened across the board following the BoJ policy decision as Governor Ueda made a surprisingly dovish turn by saying that âthere is some time to make a decision on monetary policy because upside price risks have decreased given the recent FX movesâ. He also mentioned that itâs important […]
Japanese Yen gains ground despite a stronger US Dollar, awaits PMI data #JapanFinance
CashNews.co The Japanese Yen recovers its daily losses despite a solid US Dollar. BoJ Governor Ueda stated that the central bank will continue to adjust the level of monetary easing as needed. CME FedWatch Tool suggests a 50% odds of cutting 75Â basis points by the Fed to a range of 4.0-4.25% by the end of […]
Four Japanese banks participate in digital currency project #JapanFinance
CashNews.co Four Japanese banks are among over 40 commercial financial institutions participating in an international demonstration test for cross-border payments using digital currencies led by the Bank for International Settlements. Project Agora, as the international public-private project is called, is aimed at expediting international money transfers, cutting costs and enhancing transparency. In April, the BIS […]
Beware the return of the yen carry trade #JapanFinance
CashNews.co Satyajit Das, a former banker, is the author of “Traders, Guns & Money,” “Extreme Money” and “A Banquet of Consequences: Reloaded” The yen carry trade involves borrowing yen at Japan’s ultralow interest rates to invest in higher-yielding foreign assets. The recent unwinding of these trades, estimates of which range from $4 trillion to $20 […]
Fed adrenaline keeps pumping, PBOC inertia may drag #JapanFinance
CashNews.co By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The adrenaline from the Federal Reserve’s bold interest rate cut and signal of intent to keep easing still appears to be coursing through global financial markets, which should see risk assets in Asia start the week on a strong footing […]
MoneycontrolAmericaâs fiscal debt bears no favourable comparison to JapanâsSupposedly favourable comparisons of US public debt levels with those of Japan don't pass the laugh test..2 hours ago #JapanFinance
CashNews.co MoneycontrolAmericaâs fiscal debt bears no favourable comparison to JapanâsSupposedly favourable comparisons of US public debt levels with those of Japan don’t pass the laugh test..2 hours ago Read More #cashnews #Japan #finance
Japan Securities Finance (TSE:8511) Could Be A Buy For Its Upcoming Dividend #JapanFinance
CashNews.co Readers hoping to buy Japan Securities Finance Co., Ltd. (TSE:8511) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date is one business day before a company’s record date, which is the date on which the company determines which shareholders are entitled to […]
Bitcoin jumps while Japan holiday dulls most currencies #JapanFinance
CashNews.co SINGAPORE (Reuters) – Bitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally after the Federal Reserve’s super-sized rate cut last week, while the yen and most other major currencies stagnated with Japanese markets on holiday. The dollar strengthened against the yen last week after policy meetings in […]
Japan’s Currency Watchdog Is Vigilant As Yen Carry Trades Threaten Volatility #JapanFinance
CashNews.co Whatâs going on here? Japan’s top currency diplomat, Atsushi Mimura, has announced that financial authorities are vigilantly monitoring markets to prevent instability due to potential renewed yen carry trades. What does this mean? Yen carry trades involve borrowing yen at low costs to invest in higher-yielding currencies and assets. These trades contributed to the […]
Hedge Funds Are Bullish On This Japanese Stock Now #JapanFinance
CashNews.co We recently compiled a list of the 10 Best Japanese Stocks To Buy Now. In this article, we are going to take a look at where Mizuho Financial Group, Inc. (NYSE:MFG) stands against the other Japanese stocks. As we navigate through 2024, Japanâs economic landscape is emerging as a compelling arena for investors. Despite […]