Market

BOJ Considering Raising Inflation Forecasts to Near 2% Target -Nikkei 0
- Market
- December 31, 2022
The Bank of Japan (BOJ) is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2023 and 2024, Nikkei reported on Saturday.The BOJ jolted markets this month by widening its 10-year yield cap range, a move officially aimed at straightening out bond market distortions but seen
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Japan to Make Raising Wages a Top Priority, Says Senior Govt official 0
- Market
- December 28, 2022
Japan’s government will make raising wages a top priority in its economic policy next year, Deputy Chief Cabinet Secretary Seiji Kihara said on Wednesday. “The biggest challenge for Japan’s economy is a lack of wage growth. Unless wages rise, consumption won’t pick up and companies won’t increase investment,” Kihara said, speaking during a television programme.
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Toyota’s Nov Global Vehicle Production Rises 1.5% to Record 833,104 0
- Market
- December 26, 2022
Toyota Motor (NYSE:TM) Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 833,104. domestic production slid 3.3% to 266,174 vehicles, while overseas output rose 3.8% to an all-time high of 566,930 for the month. Global sales and production in November exceeded last year’s levels due to solid
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Dollar Retreats After Overnight Gains, Ahead of Economic Data Dump 0
- Market
- December 23, 2022
The U.S. dollar slipped lower in early European trade Friday, handing back some of the previous session’s gains as traders attempt to gauge the Federal Reserve’s likely tightening path in the new year. At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, fell 0.2% to
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Asia FX Weakens as Dollar Steadies from BOJ Shock, Yen Slips 0
- Market
- December 21, 2022
Most Asian currencies fell on Wednesday as the dollar steadied from a sharp tumble against the yen, while the Japanese currency retreated slightly from a four-month high as markets digested a surprise policy shift by the Bank of Japan. The yen fell 0.3% to 132.06 against the dollar, after rallying over 3% in the prior
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Japanese Yen Rallies to 4-month High on BoJ Policy Tweak, Asia FX Slips 0
- Market
- December 20, 2022
Most Asian currencies fell slightly on Tuesday as fears of a potential recession persisted, while the Japanese yen rallied past its peers after the Bank of Japan tweaked its ultra-dovish policy, drumming up hopes for an eventual pivot. The yen jumped 2.7% to 133.14 – its strongest level against the dollar in four months. The
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