New BOJ Governor: Who will replace Haruhiko Kuroda?
Who’s the favourite? Who is the dark horse? One of the most anticipated contenders is Mr Masayoshi Amamiya Currently serving as the BOJ’s deputy governor, he has been working as a BOJ potter for 43 years (started in 1979). The other person who seems to be close together is Mr. Hiroshi Nakaso Former BOJ deputy […]
The government and the Bank of Japan will intervene to buy the yen for the first time in 24 years.[missed delivery / whereabouts of yen depreciation]| missed delivery | diamond online
diamond editorial department Diamond editorial department picks up recommended articles! We will introduce them by theme. Today we picked up 3 articles about “Whereabouts of Yen Depreciation”. We will deliver popular articles that received a particularly large response from readers of Diamond Online members. Finance Minister Shunichi Suzuki (right) holds an emergency press conference on […]
Column: The limits of foreign exchange intervention have already begun to be exposed, and if prolonged, the effect will be reduced = Toru Sasaki | Reuters
Toru Sasaki, Head of Market Research, JPMorgan Chase Bank [Tokyo 27th]- On the afternoon of September 22nd, the Ministry of Finance/Bank of Japan intervened to sell the dollar and buy the yen. It will be the first yen-buying intervention in 24 years since June 1998. The dollar/yen exchange rate fell by more than 5 yen […]
Column: When will the next intervention take place, and how will the effects and tactics of the government and the Bank of Japan be interpreted = Hideo Kumano | Reuters
Hideo Kumano The Dai-ichi Life Research Institute [Tokyo 26th]- Dollar-selling and yen-buying interventions by the government and the Bank of Japan will likely continue several times. The September 22nd intervention was truly a surprise attack. This intervention was a response to show a “resolute stance” not to break through the 145 yen defensive line after […]
Analysts expect real estate prices to fall worldwide from 2023
Construction site of a single family house With real wages falling, many families will soon find it difficult to service their mortgages. (Photo: dpa) Frankfurt In the face of the most aggressive rate hikes in decades, buyers from Sydney to Stockholm to Seattle are retreating from home purchases – and house prices are falling. At […]