According to recent data from Japan's Ministry of Health, Labour and Welfare, December's bonus payments declined 0.4% below that of 2014, shattering the Japanese central bankers' hopes of re-inflation. Further the summer bonus payment failed to impress, while regular salaries did not increased over the previous years.
The recent BoJ's monetary policy effect has faded away from the FX market. While the central bank has a number of measures at its disposal to tackle the situation including QE and rate policy among others, markets now clearly see the exchange rate as the only monetary policy measure left with the central bank. The BoJ will have no other option other than devaluating the yen.


Russia Stocks End Flat as MOEX Closes Unchanged Amid Mixed Global Signals
Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C.
China Manufacturing PMI Slips Into Contraction in January as Weak Demand Pressures Economy
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S.
RBA Deputy Governor Says November Inflation Slowdown Helpful but Still Above Target
Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout
U.S. Prosecutors Investigate Fed Chair Jerome Powell Over Headquarters Renovation
India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures 



