HKDJPY HKD/JPY
- 20.122
- -0.140-0.69%
HKD/JPY News
Analyst: The Bank of Japan may delay interest rate hikes until May next year.
On December 20, in a statement by Analyst Justin McQueen, the stance of Bank of Japan Governor Kazuo Ueda at the monetary policy meeting unexpectedly did not include a commitment to recent policy tightening. This caused the yen to rise significantly and sparked concerns among Japanese officials about recent trends. Bank of Japan Governor Kazuo Ueda stated, "The overall situation of wage trends will become clearer in March and April next year," which seems to open the door to delaying interest rate hikes until May. However, this may be more about not cornering oneself than leaving some options open. It is worth noting that starting from the end of January, the U.S.
Kazuo Ueda releases a dovish stance, and both Bank of America and Nomura have postponed their expectations for the Bank of Japan to raise interest rates.
After the Governor of the Bank of Japan, Kazuo Ueda, expressed a cautious attitude towards interest rate cuts, analysts from Bank of America and Nomura Holdings pushed back their expectations for the Bank of Japan's next interest rate hike from January of next year to March.
[Japanese Stock Closing Review] The dove's call has just fallen and inflation has soared! The Nikkei 225 has dropped for six consecutive days, and the sharp depreciation of the yen has raised warnings.
On Friday (December 20), the Japanese stock market fell due to a surge in core inflation in November, increasing pressure on the central bank to raise interest rates.
In November, Hong Kong's CPI year-on-year was 1.4%, lower than expected.
On December 20, Gelo Exchange reported that Hong Kong's comprehensive CPI in November was 1.4% year-on-year, expected to be 1.5%, and the previous value was 1.40%.
Japan's senior officials: The government is "alert" to the recent depreciation of the yen and will "intervene" when speculation is excessive.
Japan's Finance Minister Katsunobu Kato stated on Friday that the yen has begun to decline rapidly again, and the government is feeling "vigilant" about the recent Forex trends.
Bank of Japan Maintains Current Rate Target Amid Moderate Economic Recovery
Unprecedented! The Bank of Japan criticizes ultra-loose monetary policy: it has failed to function as planned.
This assessment result will strengthen the Bank of Japan's determination to steadily normalize MMF policies and eliminate the remnants of unconventional easing policies.
After the hawkish Federal Reserve, the market took a breather, and the dollar remains "hot."
After the Federal Reserve's "hawkish rate cut", investors in Asia hope the market stabilizes as they welcome the last week of Trade for the year on Friday (December 20).
Moody's: Inflation in Japan may gradually slow down by 2025.
According to a report on December 20th by 格隆汇, Moody's economist Stefan Angrick stated that inflation in Japan is expected to ease by 2025, but it will be gradual. He noted that data from November indicated an increase in inflation due to the government's reduction of support for energy bills and rising food prices. Angrick pointed out that demand-driven price pressures are still minimal, but the softening of the yen and the delayed transmission of rising producer prices to consumers will keep inflation stable in the short term. He mentioned that the anticipated policies of the Trump administration may lead to inflation, which could force the Federal Reserve.
S&P: Japanese companies are preparing for the pain brought about by Trump's tariff policies.
Gelonghui, December 20 | Analysts at S&P Global stated that when President-elect Trump announced higher tariffs on imports to the USA, this would suppress the performance of Japanese companies.
Bears beware, Japan has started verbal intervention in the yen.
As the holidays approach, market liquidity will decrease, increasing the possibility of sudden fluctuations in MMF. Low liquidity also provides a potential opportunity for intervention by Japan.
Bank of America: Uchida's dovish comments suggest that the Bank of Japan is expected to raise interest rates in March, and the yen may fall to 160 against the dollar.
Economists and strategists at Bank of America pointed out in a report that, given President Ueda's dovish comments, the Bank of Japan may raise interest rates in March next year instead of January, and in the short term, the dollar may rise towards the 160 level against the yen.
State Street Global: Japan's inflation has unexpectedly increased, adding to the strong macroeconomic data.
Gelonghui, December 20 | Krishna Bhimavarapu, an economist at State Street Global Advisors for the Asia-Pacific region, stated that the unexpected rise in Japan's inflation rate in November came after an increase in food prices, adding to the strong macro data developments since the last quarter. On Thursday, the Bank of Japan maintained its policy interest rate but hinted that it would continue its easing policy based on data and other developments. Bhimavarapu believes that the result from the Bank of Japan represents a dovish shift, which means that the yen may remain weak for a longer period. The economist noted that this could, in turn, lead to...
Japan's Inflation Could Gradually Slow in 2025 -- Market Talk
Japan Warns on Yen After BOJ's Dovish Message Extends Slide
Japan's Inflation Accelerates to 2.9% in November
Japan Consumer Prices Rise Faster as Rate Hike Timing Under Scrutiny -- Update
Japan's Inflation Surprise Latest in Chain of Firm Macro Data -- Market Talk
Dollar Set to End Week on a High, Yen at Five-month Low
The Governor of the Bank of Japan made astonishing remarks! The yen plummeted by 268 points. What signal did Ueda Kazuo's statements send?
On Thursday, Bank of Japan Governor Kazuo Ueda's unexpected remarks lowered expectations for an interest rate hike in January next year and heavily pressured the yen. Ueda stated that more information about Japanese wages and the policies of the elected U.S. President Trump is needed before the Bank of Japan decides to raise interest rates.