World Economic Leaders Are Watching Trump Become US President, What’s Going On?

World Economic Leaders Are Watching Trump Become US President, What’s Going On?

Jakarta – The United States (USA) will hold presidential elections next November. World economic leaders are worried that Donald Trump will return to being number one in the US because of many policies that will trigger a trade war. Launch ReutersOn Monday (28/10/2024), Trump previously vowed to impose a 10% tax on imports from all … Read more

How investors in Japan borrowed money for free and caused stocks worldwide to crash

How investors in Japan borrowed money for free and caused stocks worldwide to crash

Market experts say the unwinding of the so-called “carry trade” with the Japanese yen is weighing on stock markets. – Copyright: REUTERS/Kim Kyung-Hoon Stocks crash due to yen “carry trade” Die Shares plunged on Monday, which market experts say was largely due to the global unwinding of the yen “carry trade.” The “carry trade” refers … Read more

Japan revises GDP readings downwards for final three quarters

Japan revises GDP readings downwards for final three quarters

Tokio. Japan’s economic system shrank greater than initially reported within the first quarter, the federal government stated in a uncommon unscheduled revision of gross home product (GDP) information on Monday, clouding prospects for a fragile restoration. The downward revision is more likely to result in a lower within the Financial institution of Japan’s development forecasts … Read more

Yen Drops Suddenly: Impact on Taiwan Dollar and Stock Market

Yen Drops Suddenly: Impact on Taiwan Dollar and Stock Market

The yen suddenly dropped! The Taiwan dollar rose and fell, temporarily closing at 32.428 yuan at noon (photo by reporter Chen Meiying) [Reporter Chen Meiying/Taipei Report]Geopolitical risks are heating up, and the Japanese yen suddenly fell during the Bank of Japan meeting. It once fell below 150 to 1 US dollar. The exchange rate of … Read more

Former BOJ Board Member Tsuyoshi Kataoka on Achieving 2% Inflation Target and Exiting Accommodative Monetary Policy

Former BOJ Board Member Tsuyoshi Kataoka on Achieving 2% Inflation Target and Exiting Accommodative Monetary Policy

Former Bank of Japan advisory board member Tsuyoshi Kataoka said on Thursday that the Bank of Japan will only be able to exit its accommodative monetary policy if it achieves its 2% inflation target on a sustained basis. July 2017 (2023 REUTERS/Issei Kato) [ムンバイ 4日 ロイター] – Former BOJ board member Tsuyoshi Kataoka said on … Read more

Taiwan Dollar Breaks Through 31.5 Yuan Mark as Japanese Yen Depreciates: Latest Updates

Taiwan Dollar Breaks Through 31.5 Yuan Mark as Japanese Yen Depreciates: Latest Updates

The Taiwan dollar breaks through the 31.5 yuan barrier, and it is temporarily closed at 31.507 yuan at noon(Photo by reporter Chen Meiying) [Reporter Chen Meiying/Taipei Report]The Bank of Japan announced the bond purchase operation, which caused the yen to continue to fall. In addition, AI concept stocks weakened, and Taiwan stocks fluctuated. At noon, … Read more

US Federal Reserve Expected to Pause Interest Rate Hikes, Tech Companies Could Benefit

US Federal Reserve Expected to Pause Interest Rate Hikes, Tech Companies Could Benefit

NEW YORK Market participants are apparently optimistic that the US Federal Reserve will not raise interest rates further on Wednesday, commented analyst Edward Moya from broker Oanda. After ten increases in a row, bank economists are now also expecting a monetary policy pause due to the cooling economy and the trend towards falling inflation. Another … Read more

“University of Tokyo Professor: BOJ May Raise Interest Rates Depending on Labor Outcome”

“University of Tokyo Professor: BOJ May Raise Interest Rates Depending on Labor Outcome”

TOKYO (Reuters) – Tsutomu Watanabe, professor of economics at the University of Tokyo, said in an interview with Reuters that the BOJ could raise short-term policy interest rates as early as next year depending on the outcome of next year’s spring labor offensive. Stated. Watanabe, who serves as a member of the special session of … Read more

Bank of Japan Expected to Maintain Monetary Policy Status Quo

Bank of Japan Expected to Maintain Monetary Policy Status Quo

TOKYO (Reuters) – The Bank of Japan is expected to maintain the status quo on monetary policy at its monetary policy meeting on June 27-28. Multiple sources said. Although upward pressure on prices is increasing at present, the 2% inflation target is still far from being achieved in a sustainable and stable manner amid high … Read more

IMF Review Director Predicts Sustained Wage Growth with Japan’s YCC Policy

IMF Review Director Predicts Sustained Wage Growth with Japan’s YCC Policy

Ranil Salgado, director of the International Monetary Fund (IMF)’s review of Japan, said on the 15th that the Bank of Japan’s Yield Curve Control (YCC) is expected to lead to a sustained rise in domestic wages. said there may be room to tweak the long-term interest rate target later this year. Pictured is Kazuo Ueda, … Read more