No Data
Can the momentum of Japan's stock market continue in the second half of the year after its significant rise? Analyst opinions are divided.
Although the weak yen benefitting exporters, it also exacerbates inflation through imports. This, in turn, suppresses real wages, which many market participants believe is the key to the rise of the Japanese stock market.
Express News | The Bank of Japan kept the size and frequency of Japanese government bond purchases in July unchanged.
The Japanese yen falls below 160 threshold for the first time in two months.
Some traders expect the yen to continue to weaken to 170, reaching a new low since 1986.
Xtrackers MSCI Japan Hedged Equity ETF Declares Semi-annual Distribution of $2.1157
After falling for seven consecutive days, the Japanese yen is approaching the 160 threshold. Is Japan going to intervene?
Kanda Masato, Vice Minister of Japan's Ministry of Finance, reiterated that appropriate action will be taken if excessive forex fluctuations are detected. The high interest rate levels in the United States have caused the dollar to continue to strengthen this year, and some countries have begun to intervene in the forex market to boost the value of their own currency.
Express News | Japan's core CPI in May increased by 2.5% year on year, with an expected growth of 2.6%. The previous value increased by 2.2%.