ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock 
Australia Bans Card Payment Surcharges Starting October 2025 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Singapore Tightens Monetary Policy Amid Middle East War Inflation Risks 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices 
RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses 
Nigeria’s new election law leaves gaps: 5 reforms for free, fair and credible polls 
Energy Price Spike Won't Trigger Lasting Inflation, Analysts Say 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears 
J.P. Morgan Downgrades Essity AB on Rising Costs and Weak Earnings Outlook 
As per the Abenomics, which eyes on fresh fiscal easing, made possible by the fact that the BOJ has already bought a decent chunk of the government’s debt. That edges Japan closer to central-bank financed fiscal policy and raises the stakes – for the economy and the currency.
The capital outflows referred to above will remain JPY negative until at least mid-2016. And this figure does not include other public pension funds that follow GPIF and have only just started reallocating
If this latest throw of the dice delivers a sustainable acceleration in growth, the yen has scope to recover further, but the jury’s out.
However, the balance of payments data show significant long-term capital outflows from Japan, which suggest that the yen’s bounce, at these levels, is overdone.
As a result, we could foresee the USD/JPY to claw its way back above 110 in the coming months.
The Bank of Japan remains concerned by yen strength and could prevent a move below 100.
Since 1-3m IVs in this pair seems to be considerably spiking, the leveraged call spread can be deployed in FX portfolios saying thanks to high 2m volatility.
