Month / June 2022
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The obituary of Japan’s ‘Widow Maker’
With commodity prices easing as global economic activity slows, hopes for tamer inflationary pressures which could lead to a looser monetary policy in 2023 triggered a notable relief rally in battered stocks…
June 25, 2022 -
Markets now fully focused on BOJ’s policy errors
After months of underlining BOJ’s blatant policy errors in this publication, in trying to suppress long term interest rates, last week we saw markets finally fully focusing on this issue. Indeed, reports…
June 18, 2022 -
Time is ticking for BOJ to change policies before the yen implodes
With rise in US inflation measures in May once again exceeding expectations, hopes for a less hawkish Fed have been severely dashed, especially as core inflation gauge there is pointing to growing…
June 11, 2022 -
Weaker yen adding more inflationary pressures while BOJ ignores the dangers
As we noted in our last week’s publication, the Japanese currency was unlikely to retain its brief gains it had registered against other major units since its April lows given BOJ’s highly…
June 4, 2022