Feta, pistachio, olives and olive oil PDO Kalamata are the Greek products that star in a series of presentations in Japan as part of the “Perfect Match” campaign of the EU. The following actions were recently taken during the EU’s “Perfect Match” campaign, which started last year: • training seminars on European cheeses and butters […]
Tag: Japan
USD / JPY falls to fresh monthly lows below 113.00 amid weaker Treasury yields
USD / JPY extends Monday’s slide below 113.00, to new monthly lows. The US dollar loses more ground along with Treasury yields. The focus is on Fed Chairman Jerome Powell’s speech and the US PPI figures for new momentum. The pair USD/JPY is under pressure in the region of monthly lows below the 113.00 level, […]
Japan: Degraded estimates for the economy
Japan cut economic forecasts for the first time in two years as the key index extended its decline in September to a one-year low. The index showed that the current economic conditions, consisting of data on factory production, employment and retail sales, fell by 3.8 points compared to the previous month, to 87.5 points. This […]
Japan: For the first time no one dies from Covid-19 after 15 months
No deaths were reported in Japan due to complications of COVID-19 yesterday Sunday, which happened for the first time in more than a year, according to the country’s media. According to the database of the public television network NHK, the previous 24 hours without any death due to the disease caused by the new coronavirus […]
USD / JPY falls from 114.00 amid falling global bond yields, led by US Treasuries.
USD / JPY is down for the second day in a row, below 113.50. Market sentiment is bullish, on better than expected US nonfarm payrolls. The decline in US Treasury yields acted as a headwind for the USD. USD / JPY: A daily close below 113.50 exposes the 113.00 figures as the next level of […]
USD / JPY returns towards 114.00
USD / JPY has fallen back to the 114.00 level from the Asian session highs of 114.50. The pair was initially boosted after Japan’s prime minister’s LDP Kishida party won a surprise majority in general elections over the weekend. The focus now shifts to key global events such as the FOMC meeting, US jobs, and […]
BoJ downgrades growth and inflation outlook for fiscal 2021/22
After leaving your monetary policy unchanged, as expected, The Bank of Japan (BoJ) has lowered its growth and inflation forecast for the current fiscal year (fiscal year) 2021/22. Key comments Average forecast of Core CPI for fiscal year 2021/22 at 0.0% vs. + 0.6% in July. Average forecast of Core CPI for fiscal year 2022/23 […]
GBP / JPY recovers to five-year highs and approaches 157.00
The pound sterling continues its rally against the Japanese yen thanks to expectations of a rate hike from the BoE. Market sentiment is bullish, boosting risk-sensitive currencies like the British pound. The Japanese finance minister said that the stability of the currency is “very important” and will be attentive to the movements of the currency […]
Yamamoto says a weak yen is good for the economy and boosts competitiveness
“A weak yen is good for the economy as it boosts competitiveness“Kozo Yamamoto, a senior member of the ruling party of new Prime Minister Fumio Kishida, said on Thursday. Additional commentators “The government must compile a stimulus package worth at least 32 to 33 trillion yen and funded primarily by long-term JGBs. “ “Eventually it […]
We closely follow the impact of currency movements on the economy
Responding to a question from an opposition lawmaker about how the government would respond to excessive declines in the yen, the Japanese prime minister Fumio Kishida told parliament that they are closely watching the impact of currency movements on the economy. Featured statements The Yen weakening would help boost exports. A weak yen would also […]
