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Showing 41 - 50 of 1022 results for "Yen"

Chief economist update: BOJ decision announced and ignored

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2019
... This is hardly a surprise given the yen's persistent strength that's compounded by the global growth slowdown. The yen has depreciated by 1.5% versus the greenback this year to date, still short of reversing the 2.7% appreciation against a strengthening ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... quarter), imports grew by more - up by 2.7% following a 0.7% decline over the same period. Both a consequence of the appreciating yen, that makes Japanese exports dearer and Japanese imports cheaper. The yen appreciated by 2.7% against the strengthening ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... food) exceeds 2% and stays above the target in a stable manner."" This is because of the negative consequences - the Japanese yen appreciated, the Nikkei-225 index fell, and the yield on 10-year JGBs rose - these speculations ignited and their impact ...

Chief economist update: Thanks for nothing

BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2018
... Investors would rather put their money in the fed funds rate and earn 2.25% (currently) than in euros (0% repo rate) or the yen (-0.1% discount rate) or even Australia (1.5% official cash rate). However, the Fed's one-eyed focus on growth is increasing ...

Chief economist update: Buy the dip or sell the rallies?

BENJAMIN ONG  |  TUESDAY, 13 NOV 2018
... the US dollar after the US central bank's telegraphing and forward guiding that it would earn more than the euro, the yen and the pound in the coming months as the interest rate differential against these currencies continue to widen as it raises ...

Chief economist update: BOJ on a steady

BENJAMIN ONG  |  TUESDAY, 30 OCT 2018
... Japanese central bank since its last meet on September 19. That time, the Nikkei-225 index was up by 4.9% (year-to-date) and the yen has weakened by 0.4% versus the greenback. The benchmark index has dropped by 10.7% since the September meeting, turning ...

Chief economist update: Japan's sun shines

BENJAMIN ONG  |  TUESDAY, 11 SEP 2018
Japan's economy grew 0.7% in the June quarter after contracting 0.2% in the March quarter. This is stronger than the Cabinet Office's preliminary estimate of 0.5% and is the fastest growth rate since the first quarter of last year (0.7%). This ...

Australia's weekus horribilis

BENJAMIN ONG  |  MONDAY, 27 AUG 2018
... against the greenback, the NZ$ appreciated by 1.0% over the week; the euro by 1.6% and the British pound by 0.8%. The Japanese yen declined by 0.5%. Similarly, the yield on Australian 10-year bonds declined to 2.52% (from 2.55% at the end of the previous ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
... still be early days but the Bank of Japan's (BOJ) "tweaking" of monetary appears to have done nothing significant for the yen and the Nikkei-225 so far. At the conclusion of its July 30-31 monetary policy meeting - where it kept current monetary ...

Chief economist update: At the core-core of it

BENJAMIN ONG  |  TUESDAY, 31 JUL 2018
... monetary policy operations and/or forward guidance. Speculations that have sent the yield on JGB's soaring and the Japanese yen strengthening. These are outcomes that are certain to negate the central bank's efforts to lift the country's ...