Weekly Focus – Risk Sentiment on the Back Foot
Weak US economic data brought a setback to the soft landing narrative and start-of-the-year risk […]
BoJ Clearly Removed the Sting Out of the Normalization Debate
Markets The ECB took center stage yesterday. Several speeches from high-profile policymakers were due, including […]
ECB Holds the Course
Market movers today Data calendar for Friday is almost empty. We have only UK retail […]
Cliff Notes: The New Year Brings Optimism Over Inflation
Key insights from the week that was. This week’s data was broadly supportive of confidence, […]
With the Bank of Japan Sticking to its Ultrasoft Policy, JPY Looks Overbought
The Bank of Japan, which has not changed interest rates for the past six years […]
Won’t Be Easy for EUR/USD to Push Through Recent Highs
Markets The BoJ’s status quo set the tone for core bond yields right from the […]
Japan exports up 11.5% yoy in Dec, imports up 20.6% yoy
In December, Japan exports rose 11.5% yoy to JPY 8787B, marking the slowest growth rate […]
EUR/USD’s Upside Turned More Limited
Markets Bond yields on both sides of the Atlantic rose a few basis points before […]
BoJ Kuroda: We don’t need to further expand the band around yield target
At the post meeting press conference, BoJ Governor Haruhiko Kuroda said, “We don’t need to […]
Not for the First Time, the BOJ Spite the Hype
At their January 2023 meeting, the BOJ: Held interest rates at -0.1% Maintained a target […]
Holy Bank of Japan
The Bank of Japan (BoJ) kept its below-zero interest rate and its faltering yield curve […]
BoJ Kuroda defends extremely accommodative monetary policy
BoJ Governor Haruhiko Kuroda defended this week decision to maintain by the -0.1% interest rate […]