The data is dovish on the surface but the BoJ is unlikely to read it that way given the context. Subsidies are doing the work of keeping core below 2%, not unde...
US Vice President JD Vance has canceled his planned trip to Switzerland for talks with Iran, citing unresolved logistics and uncertainty surrounding the next ro...
The overshoot warning is the sharpest language Himino has used across both sets of remarks on Friday and lifts the hawkish temperature of the session considerab...
US Vice President JD Vance has canceled his planned trip to Switzerland for talks with Iran, according to CNN."Logisitics". Yeah, right. Not a positive sign.Oil...
Japanese Finance Minister Katayama:prepared to take decisive action on speculative moves on FXwon't rely on debt to fund food sales tax cut This article was wri...
The FX comments are the most market-relevant element of Himino's remarks and land with particular force given Thursday's USD/JPY spike to 161.80. By explicitly ...
The minutes are retrospectively hawkish given that the BoJ has since moved to 1.00%, validating the three dissenters who argued for exactly that level in April....
I'll have more to come on this separately.For now, just the data:National CPI:ex Food, Energy (YoY) (May) 1.8% y/y ... aka Core-core and the closest to the US m...
Sterling faces a modest negative undercurrent from the data, not from the headline number, which came in marginally better than forecast, but from the sub-index...
I'll have more to come on this separately.Just the data, for now:New Zealand Balance of Trade (May) 800mn surplusexpected +875mn, prior +1.92bnExports 8.88bnpri...
USD/JPY reversed sharply from 161.80 in the US afternoon session on Thursday in a single sharp move with no confirmed catalyst, leaving traders divided between ...