Going into the last BoJ meeting there was significant speculation surrounding the path that the BoJ would take. This was made more complicated by the fact that Governor Kuroda is…
At the last BoJ meeting on December 20, the bank unexpectedly tweaked the Yield Curve Control band to +/- 0.50% in order to increase bond purchases to JPY 9 trillion…
The first thing to realise about yearly looks ahead is that they can prove to be spectacularly wrong. So, when looking ahead always be aware that these outlooks can change…
Major central bank rundown It’s time for your central bank catch up. The link to the latest statement is at the bottom of each section, so just click there to…
Going into the BoJ meeting, there had been expectations that the BoJ may signal hiking interest rates as a way to deal with the pervasive weakness in the JPY. In…
At the moment there is a strong threat that the Bank of Japan may intervene in the JPY to strengthen it. The Bank of Japan is not wanting to see…
The Bank of Japan is concerned about the continued weakness of the Yen as it increases costs for Japan’s domestic market. This concern ultimately led to an intervention in the…
What is the Fed Pivot? The ‘Fed Pivot’ is a micro-narrative that has developed recently in response to slowing US data. When US data prints negatively, then the prospect of…
When the BoJ met in September speculation had been increasing regarding BoJ intervention. The weakness in the JPY had been impacting Japan’s import market pushing up consumer prices and higher…
The Fed is widely expected to hike interest rates by 75bps this Wednesday. Short-term interest rate markets are seeing it as a 100% probability and the same markets have a…