Japan Week Ahead: Markets Continue to Expect BOJ Rate Hike Toward Yearend after Tankan Business Survey, Branch Managers Report Points to Resilient Economy amid Mideast Uncertainty
–May Machinery Orders Set for Pullback after April Surge but Strong Demand for Computers, AI-Linked Equipment Seen Intact By Max Sato (MaceNews) – Bank of Japan policymakers have received evidence this month that the domestic economy has been resilient, overcoming high fuel costs and material shortages triggered by the Middle East conflict amid the global […]
Japan Week Ahead: BOJ June Quarter Tankan Business Survey to Show Mideast Conflict Dented Confidence Slightly, Pushed Up Costs for Many Sectors
–Hot Weather, Rising Stock Markets Seen Lifting Retail Sales in May, Job Creation Continues, Factory Output to Extend Monthly Gain on Export Demand By Max Sato (MaceNews) – The tentative U.S.-Iran peace agreement has led crude oil prices lower to pre-war levels, calming jitters among policymakers and investors, but Japanese households and businesses will still […]
Update: Japan Week Ahead: Markets Look for Signs of Follow-Up BOJ Move in A Few Months After Milestone Rate Hike in June, Warning about Inflation
–Updates to Show New Date for Monthly Economic Report –June Tokyo CPI Inflation Seen Accelerating on Rising Costs for Plastics, Other Goods amid Mideast Materials Supply Squeeze but Still Below 2% BOJ Target By Max Sato (MaceNews) – Financial markets are expected to be volatile in the coming week after Iran announced on the weekend […]
Japan Week Ahead: BOJ Looks Set for 5th Rate Hike in Current Cycle Started in March 2024 as Previously Cautious Governor Points to Upside Inflation Risks
–May Trade to Show Solid Exports, April Machinery Orders Seen Flat with Slight Dip, CPI Inflation Tame on Energy Subsidies, Free High School Education By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. It appears to be a done deal for the Bank of Japan’s sometimes divided policy board. […]
Update: Bank of Japan Board Widely Expected to Raise Policy Rate by 25 Basis Points to 1% at June 15-16 Meeting in Rare Absence of Governor
––Governor Ueda, 74, Hospitalized for Medical Treatment, Working Remotely but Will Not Vote Next Week–Board to Set Guideline for JGB purchases for Fiscal 2027; Focus on whether It Will Maintain Current Pace of Tapering by ¥200 billion a Quarter By Max Sato (MaceNews) – The Bank of Japan’s board is widely expected to decide to […]
Japan Week Ahead: MOF Business Survey to Set the Tone for Revised Q1 GDP, Household Data to Show Sluggish but Resilient Consumer Spending Amid Slow Real Wage Growth
By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. Lukewarm growth has been lingering in Japan for the past couple of years as the economy has largely weathered the drag from global shocks like Russia’s invasion of Ukraine and protectionist U.S. trade policy but it could finally slip on […]
Japan Week Ahead: BOJ Seen Standing Pat amid Uncertainty Over U.S.-Iran Standoff in Mideast Peace Talks
–Factory Output, Retail Sales Seen Posting Modest Rebound, Unemployment Stable, Inflation in Tokyo Tame By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. Risk-on and risk-off trading is likely to continue in the financial markets as investors watch for news from U.S.-Iran talks aimed at breaking the impasse in […]
Japan Keeps Cautiously Optimistic Economic Outlook as Bulls Drive Tokyo Stocks Higher on Hopes of End to Mideast Conflict, Resumed Gulf Shipping
By Max Sato (MaceNews) – Japan’s government continues to expect a gradual economic recovery, backed by strong demand for investment in artificial intelligence, while Tokyo stock markets keep flirting with record highs on hopes of an end to the Iran war that would allow reopening of the Strait of Hormuz, crucial for oil and gas […]
Japan Week Ahead: Countdown to BOJ’s Tough Decision on Whether Now Is Right Time to Lift Policy Interest Rate Closer to Neutral Level
–Exports Likely Remain Resilient in March Trade Data, Inflation Seen Tame Below BOJ’s 2% Target but High Price Levels Still Hurt By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. The Bank of Japan’s media communications blackout period starts on Wednesday, three business days before the next policy meeting […]
Japan Week Ahead: BOJ Board Members Continue Weighing Mideast War Impact on Higher Inflation Against Lower Growth Ahead of April 27-28 Meeting
–February Machinery Orders Seen Flat on Month After Smaller-Than-Expected Drop in January; BOJ Tankan Showed Solid Capex Plans in Fiscal 2026 By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. The data calendar is light two weeks ahead of the Bank of Japan meeting on April 27-28 at which […]