Investors poured funds into Japan stocks last year on hopes of more Bank of Japan easing, but it looks like next week's meeting will disappoint again.» Read More
Fed comments about monetary easing may have hurt the dollar, but they also lifted hopes for the economy. Here's one strategist's plan.
Greece's bailout gets a green light and the dollar gets a lift - it's time for your FX Fix.
Sean Callow, Currency Strategist, Westpac Bank, says the dollar-yen trade is gaining momentum and is likely to hit the 83 level.
Smaller G20 currencies have outperformed the big four all year, and this strategist sees the trend continuing.
Christian Carrillo, Head of Asia-Pacific Interest Rate Strategy, Societe Generale Corporate & Investment Banking, says the Bank of Japan will increase its asset purchase program and inject more liquidity into the Japanese economy as the country fights persistent deflation.
The yen was the top performing major currency in 2011, but what a difference a year makes.
Japan logged a record trade deficit in January, government data showed on Monday, the clearest evidence to date of pain from a firm yen, a global slowdown and rising fuel imports needed to offset declining use of nuclear power.
Workers around the developed world have been complaining of a squeeze on incomes over the past 20 years, but in Japan, thinner pay packets fuel wider deflation — making it even harder for the government to rein in its debt and for the BOJ to boost growth. The FT reports.
The Bank of Japan on Tuesday eased its policy by boosting asset purchases and defined 1 percent consumer inflation as a near-term goal in response to growing calls for more action to help the economy mired in deflation and weighed down by a strong yen.
Following Japan's disappointing GDP data, Dan Slater, Director, Economist Corporate Network, says the country needs to liberalize its economy further and allow more foreign money to come in.
Japan will not rule out taking any measures to battle speculative moves in currency markets, Finance Minister Jun Azumi said on Tuesday, after data showed Tokyo spent roughly 1 trillion yen ($13 billion) in November last year on intervention it had not previously announced.
Central bank interest rates may be at historic lows but in many loan markets around the world companies are paying more to borrow, the eurozone debt crisis blunting lenders’ appetite for risk. Not so in Japan.
The yen was a star in 2011, but this strategist thinks the party is over.
Japanese companies should take greater advantage of the strong yen to increase overseas investments and buy natural resources, according to the country’s economy minister. The Financial Times reports.
Rob Subbaraman, Chief Asia Economist, Nomura says that he sees both the ECB and the Federal Reserve coming out with quantitative easing this year, with the BOJ and Bank of England doing so in the next few months.
China’s surprise currency deal with Japan does little to chip away at the dollar’s reign as reserve currency, but it could foreshadow an era when the yuan becomes more influential, first in Asia, then around the globe.
Euro worries persist, the pound is weighed down, and the Swiss are shopping overseas - time for your FX Fix.
Investors can blame Europe for choking off stock market gains in 2011. But there’s a growing list of geopolitical flashpoints lurking in 2012—and any one of them could pose a risk to stocks.
BlackRock's Russ Koesterich says that while a recession is likely to hit Europe, Japan, Canada and Australia could offer investors great opportunities in the new year.
Efforts to improve liquidity in the world's financial markets 'psychologically' important, Louise Cooper of BGC Partners says.