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Showing 21 - 30 of 1022 results for "Yen"

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
... On the positive side, the Nikkei-225 index continues to rally. It gained 18.2% in 2019 and by 0.8% this year to date. The yen has depreciated by 4.1% versus the greenback to ¥109.57 from last year's high of ¥105.08. Then again, the Jibun Bank PMI ...

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
... Happy New Year in english. It certainly is looking a lot like Christmas in Japan, thanks to the continued depreciation of the yen which, in turn, is thanks to optimism over the "phase one" deal between the US and China and indications from the Markit ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
... market (even with higher tariffs). Not only that, exporters would receive an extra boost from their US dollar - or euro or yen or pound or yuan) earnings when they're translated back into Australian dollars. Wait, there's more! Australian import-competing ...

Chief economist update: Santa Claus is coming to town

BENJAMIN ONG  |  MONDAY, 11 NOV 2019
... August 2016" and "inflows of new orders from overseas markets also rose". To this I'll add the recent depreciation of the yen resulting from less safe-haven purchases due to improved market and economic conditions. "A very Merry Christmas And a happy ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... funds rate for a third time in October, following its July and September rate cuts. But instead of depreciating against the yen, the US dollar had been appreciating against the yen since late August. The same could be said of the euro, despite the European ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... this month. The US-Australia bond yield differential also favours America - 1.8% (for the US) versus 1.1%. Like the Japanese yen, is the Australian dollar becoming a safe-haven currency? While relative US-Australia monetary policy and growth forecasts ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... US-China stoush provides no help for Japan's external sector. More so given that this is prompting safe-haven buying in the yen compounding the challenges faced by Japanese manufacturers. Recent data shows that the Jibun Bank Japan Manufacturing ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... real estate investment trusts (J-REITs) so that their amounts outstanding will increase at annual paces of about six trillion yen and about 90 billion yen, respectively". Yes Virginia, the BOJ maintained that it will "continue with "quantitative and ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... have pushed investors into safe haven assets such as longer-term bonds and currencies like the Swiss franc and the Japanese yen. Ahh yes, the Japanese yen - except for its mini-me trade war with South Korea, where both countries deleted each other from ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... low, and in some, negative yields); the US dollar is up but safehaven currencies such as the Swiss franc and the Japanese yen are upper; gold's in, copper is out. Even central banks are busily preparing for the "R" contingency. The Fed's mulling ...