6J2903 Japanese Yen MAR9
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Japanese Yen MAR9 News
Market Chatter: Majority of Japanese Firms Expect Economic Growth in 2025
Express News | Institutions: It is reasonable to expect that there will be news leaks a week before the Bank of Japan's interest rate decision.
The Bank of Japan is expected to maintain a slow pace of interest rate hikes, and the yen is weakening against most currencies.
On January 2, Gelonghui reported that due to the slow interest rate hike outlook of the Bank of Japan in 2025, the yen weakened against most other G10 and Asia currencies in early morning Trade. Lloyd Chan, an Analyst from Mitsubishi UFJ Financial Conglomerates, stated in a research report that market participants have postponed expectations for the Bank of Japan's next interest rate hike to March. This senior Forex Analyst mentioned that they previously anticipated that the Bank of Japan would raise rates in December 2024 or January 2025. Meanwhile, supported by inflation policies such as the tariffs from the USA president-elect Trump, long-term US Treasury yields may remain high, which could...
Dollar Starts 2025 Higher; Yen Rooted at Five-month Lows
Further Yen Falls Could Speed Up Japan Rate Hikes -- Market Talk
Foreign media predicts: the Bank of Japan is becoming more hesitant, and the pace of interest rate hikes may slow down.
The team studying central bank monetary policy at the Financial Times believes that in almost all possible scenarios, the Bank of Japan will raise interest rates very slowly.
Japan's manufacturing sector continued to be sluggish in December, with the PMI final value rising to 49.6.
A private survey released on Monday showed that Japan's manufacturing activity contracted at a slower pace in December, as production and new Orders declined at a slower rate, gradually stabilizing after a recent downturn.
Japan's December PMI Indicates Slower Production Pace
Japan's Manufacturing Sector Edges Toward Stabilization as PMI Reading Improves in December
The final value of Japan's Manufacturing PMI for December was revised up to 49.6.
According to Jibun Bank and S&P Global, the seasonally adjusted final value of Japan's Manufacturing PMI for December rose to 49.6, higher than the initial value of 49.5 and the final value of 49 in November. This marks the sixth consecutive month that the Manufacturing PMI has been below the 50 threshold separating expansion from contraction. In December, factory activity in Japan contracted at the slowest pace in three months, as the decline in production and new Orders showed signs of easing; however, rising raw material and labor costs led to input prices increasing at the fastest rate since August.
Japan's Factory Activity Shrinks at Slower Pace, PMI Shows
Gelonghui, December 30 | The final value of Japan's manufacturing PMI for December is 49.6, compared to the previous value of 49.5.
Gelonghui, December 30 | The final value of Japan's manufacturing PMI for December is 49.6, compared to the previous value of 49.5.
Japan's Industrial Output Declines Amid Weak Semiconductor Demand
Breaking through the shadow of the bubble! The Nikkei 225 Index is about to complete a 35-year comeback.
① The Nikkei 225 Index closed at 40,281.16 points on Friday, with a year-to-date increase of 20.37%, expecting significant growth for the second consecutive year, possibly closing above 40,000 points for the first time by year-end; ② The rise in the Japanese stock market is driven by the "Santa Claus rally," positive outlook for corporate giants, merger news among automotive giants, and Toyota Motor's plan to increase ROE.
New York foreign exchange market: The yen rises after warnings from Japanese officials, while the Swiss franc leads the decline.
The yen rose against the dollar after Japan's finance minister stated that it is necessary to curb one-sided bets against the yen.
Japan's economy is "mixed": rising prices, recovering consumer spending, and industrial decline.
Inflation data shows signs of recovery, hovering around the Bank of Japan's target level of 2%, supporting market expectations for further interest rate hikes. However, due to the continued uncertainty in the global economy, Japan's industrial production declined by 2.3% month-on-month.
Japan's Unemployment Rate Steady at 2.5% in November
Japan's Construction Orders Drop 10% in November
Express News | The Bank of Japan hinted that an interest rate hike is still possible in January.
Tokyo's Core CPI Rises 2.4% in December, Slightly Misses Forecast