While the yen's sharp drop has driven the Nikkei to near seven-year highs, the quick decline is also spurring concerns over the economy.» Read More
Aaron Smith, managing director at Pecora Capital, tells CNBC that they expect the yen to continue to weaken, especially if LDP leader Shinzo Abe is able to get a safe number of seats that will give him a veto proof mandate to print money.
Stephen Roach, Senior Fellow at Yale University says Japan needs structural repair and reforms like those in the Koizumi-era, rather than Shinzo Abe's aggressive easing measures.
Guests and anchors on Squawk Box Europe debate whether the Yen is still the ultimate safe haven currency of if it is likely to weaken.
Sean Callow, Senior Currency Strategist, Westpac Bank says with the RBA cutting rates and the Bank of Canada keeping rates on hold, now is the best time to short this currency cross.
The Bank of Japan will likely ease monetary policy as looming risks such as the potential fallout from the U.S. fiscal cliff and weak Chinese growth continue to cloud the outlook for an economy already seen as in recession.
Michael Kurtz, Global Head of Equity Strategy, Nomura says the elections in Japan will in essence, be a referendum on monetary policy. He adds that he would not short Japan at a time like this, unless it's for tactical reasons.
Andre De Silva, Head of Asia-Pacific Rates, HSBC Global Research says investor worries about hot money flowing out of emerging markets like Malaysia and Indonesia are unfounded due to favorable market conditions.
Month-end selling dents the yen and Mario Draghi lifts the euro — it's time for your FX Fix.
Takuji Okubo, Principal & Chief Economist at Japan Macro Advisors discusses the impact of the upcoming Japanese elections on the Bank of Japan's policies.
Regulators in Japan recently counseled regional banks that hold massive amounts of Japanese government bonds to shorten the maturity of their holdings to reduce their interest rate risk. The FT reports.
Alastair Newton, Senior Political Analyst, Nomura says that even if the LDP wins next month, it will still have trouble pushing through any laws to change the BOJ as Abe will not have a majority in the upper-house, and will need a 2/3 majority in the diet.
Manpreet Gill, Senior Investment Strategist at Standard Chartered, says he doesn't believe the BOJ will roll out any easing moves in the near term regardless of the outcome of the Japan elections.
The Bank of Japan should expand its quantitative easing and keep interest rates virtually at zero until 1 percent inflation is achieved, so as to help ensure an escape from nagging deflation, the OECD said on Tuesday.
The euro awaits Greek aid and the Bank of Japan has some new doves — it's time for your FX Fix.
Japan has a miserable future ahead of it without radical changes to the business climate, the former chief executive of camera and medical equipment maker Olympus has told CNBC.
The Greek drama plays on and the Brazilian real crosses a line — it's time for your FX Fix.
Mark Hibbs, MD & Portfolio Manager, Gen2 Partners & David Cook, Associate Professor of Economics, Hong Kong University of Science and Technology discuss the Japanese economy's road to revival as the country approaches an election due on December 16. Cook explains why it is the inefficiency of Japan's business sector, not monetary policy, that is plaguing Japan. Hibbs says that potential leader Shinzo Abe gives some hope to market participants who may be pessimistic about the current governor's policy implementations.
Sean Darby, Global Head of Equity Strategy, Jefferies says that the Bank of Japan is stuck in a corner and it has to act on monetary policy to appease the population.
Nick Verdi, Director of FX Strategy Asia Pacific ex-Japan, Barclays, says Japan's elections will continue to drive the yen in the near term, but U.S. fundamentals will be the real push to take dollar-yen to the 86 level.