Katayama to review 7 trillion yen idle funds; Kiuchi says no more excessive easing
Japan's finance minister Katayama pledges to review 7 trillion yen idle funds, while economy minister Kiuchi says Japan no longer needs excessively loose…
Japan's finance minister Katayama pledges to review 7 trillion yen idle funds, while economy minister Kiuchi says Japan no longer needs excessively loose…
Tokyo core CPI rose to 2.7% in September, beating forecasts and strengthening the case for a BOJ rate hike.
Tokyo core CPI for September expected to rise 2.4% y/y, reinforcing case for further BOJ rate hikes. Release at 2330 GMT.
Yen slides on hawkish BOJ signals; Nikkei leads Asian markets higher on tech results and trade news.
Bank of Japan opinion summary and tankan survey both point to further rate increases after September's hike to 1.25%, but timing remains uncertain between…
USD/JPY declined to around 156.4 on Wednesday, driven by yen repatriation flows and Fed comments, with other yen crosses also lower.
Japan's August factory output fell 1.7% against a forecast rise, and retail sales growth slowed, complicating the outlook for near-term BoJ rate increases.
US concern over Japan's weak yen and bond market stems from Tokyo being the largest foreign holder of US debt, with high yields risking carry trade unwinds…
Japan's services producer price index rose 3.7% in August, the fastest annual pace in over two years, driven by freight and leasing costs.
BOJ July minutes show one member pushed for faster hikes as price risks lean higher, with the pace of future moves seen potentially exceeding market…
BOJ July minutes show an 8-1 vote to hold, with dissenter Takata's call for 1.25% realised at September's hike.
USD/JPY slipped to 157.00 as officials from the US and Japan voiced concerns over yen weakness, with coordinated remarks and potential intervention in focus.
Japan's 30-year bond yield hit a record 4.223%, raising safe-haven returns and threatening bitcoin via yen carry trade unwinds.
The yen strengthened 0.6% to 157.95 after Katayama's warning, with traders seeing intervention risk as a ceiling on further weakness.
Japan's finance minister says Trump raised yen weakness in summit; USD/JPY dips below 158.50.