Japan’s NIKKEI renewed its earlier assault on the 20,000 level at the opening of the current week, just a short time away from the release of Q1 GDP figures, the BOJ monetary policy statement and a volley of additional economic data.
All of the available information at present continues to […]
Like many of its global counterparts, Japan is beginning to see the gains made toward its inflation target in 2013 and 2014 ebbing away as disinflation becomes embedded across the industrialised world. While much of this deceleration is the result of a collapse in oil prices, for Japan, falling inflation is a particularly […]
In Japan the outlook for the economy in 2015 remains relatively bright and with both the European and Chinese central banks committed to a path of easing policy, global equities have continued to shrug off the prospect of 2015 interest rate hikes from the Federal […]
While lower oil prices may threaten the BOJ’s inflation target in 2015 and could still force policy makers to push out their projections for when the bank expects to see the 2% threshold met, we continue to see this particular disinflationary pressure as a net positive for Japan.
This is as lower oil prices will deliver a […]
Both the Japanese government and the BOJ were forced into action late last year as it emerged that the economy had fallen into recession during the third quarter.
This saw the BOJ announce an extension to its current stimulus package, which will see an additional 30 trillion yen printed annually, while the Prime Minister announced a delay to the second round of consumption tax increases.
The Prime Minister followed closely on the heels of his initial action with a further announcement which saw […]
Presidential elections in Greece failed, Prime Minister has now dissolved parliament and national elections are set for 25 January. Markets are of course uneasy although, German magazine Der Spiegel reports that various German ministers have made several statements suggesting that the economic block is now in a much better position from which to weather a Greek exit if it becomes necessary.
While there are reasons to believe that any […]