With a global recovery on the way, Daphne Roth, Asia Equity Strategist at ABN AMRO Private Banking, says Japan, a late cyclical player, will be able to leverage it, while a weaker yen will provide a further boost.» Read More
Boca Raton, Fla., March 11- The U.S. derivatives regulator is studying whether it should regulate electronic currencies such as bitcoin, its chief said on Tuesday, as regulators across the globe start taking the emerging technology more seriously.
In a statement, New York Superintendent of Financial Services Benjamin Lawsky said a formal application process would be a precursor to regulations it intends to propose by the end of the second quarter.
Seijiro Takeshita, director of Mizuho International, discusses how Japan has changed since a devastating earthquake rocked the country in March 2011.
Jeremy Stretch, head of FX strategy at CIBC, says the so-called "third arrow" of Japan's Abenomics has not yet been enacted and more structural reforms are needed.
*Euro shows resilience even as Ukraine tensions continue. TOKYO, March 11- The yen remained trapped in narrow ranges in Asian trade on Tuesday after the Bank of Japan stood pat and gave no indication that further easing steps were in the cards yet.
TOKYO, March 11- Japanese government bonds were little changed on Tuesday, drawing little impetus from the Bank of Japan which left monetary policy unchanged as widely expected. The benchmark 10- year cash yield inched up 0.5 basis point to 0.625 percent, with a rise in Tokyo's Nikkei stock average mildly capping the bond market.
John Vail, Chief Global Strategist, Investment Strategy Group at Nikko Asset Management, discusses the Bank of Japan's decision to keep its monetary stimulus in place on Tuesday.
As Japan seeks to restart its nuclear reactors, Edwin Lyman, Senior Scientist, Global Security Program at Union of Concerned Scientists, says the country needs to consider the fact that the Fukushima Daiichi nuclear plant will remain radioactive for decades and is still leaking radioactive water into the ocean.
Garry Evans, Global Head of Equity Strategy at HSBC, discusses the latest news on Toyota's plans to hike wages for the first time in nearly 6 years.
Daniel Aldrich, Associate Professor, Political Science at Purdue University, discusses the polarized views present in Japan over the government's plans to restart the country's nuclear power plants.
LONDON- Bank of England Governor Mark Carney and Executive Director for Markets Paul Fisher will speak on the Inflation Report at Treasury Select Committee- 0930 GMT. Assistant Secretary for Tax Policy Mark Mazur will deliver remarks at the 2014 National Congress of American Indians Executive Council Winter Session.
The Bank of Japan concludes a two-day policy meeting later on Tuesday and no action is expected, says John Doyle, Director of Markets at Tempus. He expects the central bank to ramp up monetary stimulus in June.
Art Cashin of UBS Financial Services discusses why the U.S. stock market was under pressure Monday.
Naoko Okumoto, a VP at Yahoo in charge of monitoring its key Yahoo Japan business, is leaving the company, according to multiple sources.
*Copper and oil hit by China, U.S. jobs data knocks gold. LONDON, March 10- World stocks edged off a six-year peak and commodities from copper to crude oil tumbled on Monday as surprisingly weak Chinese trade data rattled investors already on edge over the crisis in Ukraine.
*Copper, oil hit by China, stronger US jobs knocks gold. LONDON, March 10- World stocks paused near a six-year peak and commodities from copper to crude tumbled on Monday as surprisingly weak Chinese trade data rattled investors already on edge over the crisis in Ukraine.
Johan Jooste, head of the London investment office at Julius Baer, and Sean Corrigan, chief investment strategist at Diapason Commodities Management, discuss the strength of the Japanese economic recovery.
Financial spreadbetters predicted Britain's FTSE 100 would open as much as 0.06 percent higher, Germany's DAX up 0.13 percent and France's CAC 40 add as much as 0.18 percent. MSCI's broadest index of Asia-Pacific shares outside Japan lost 1.4 percent, and Tokyo's Nikkei stock average shed 1.0 percent, retreating from Friday's six-week high.
Michael Yoshikami, founder and CEO of Destination Wealth Management, says Abenomics is Japan's "only hope" to pull the economy out of its "deflationary slide".
Alvin Liew, Senior Economist at UOB, discusses Japan's fourth-quarter economic growth data for 2013, which saw a disappointing on-year growth of 0.7 percent.