Notes from Standard Chartered research: We expect the Bank of Japan (BoJ) to stay put at its 17-18 February monetary policy meeting. However, we think the weaker-than-expected Q4 GDP reading highlights the need for furth…
We expect the Bank of Japan (BoJ) to stay put at its 17-18 February monetary policy meeting. However, we think the weaker-than-expected Q4 GDP reading highlights the need for further government and BoJ support.
We also believe a significant change in its inflation outlook will indicate its next policy move.
The rapid drop in domestic prices on lower global oil prices will be the central bank's biggest concern, in our view, although the longer-term impact of oil-price declines will likely be positive.
The PPI inflation rate has dropped for three consecutive months since November 2014.
We expect core inflation (which excludes fresh food) to fall back into negative territory in the coming months and reach 0-0.5% by end-FY15 (i.e., by March 2016).
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
