Japan top currency diplomat says watching for any build-up of yen carry trades: report – CNBC
Newly designed Japanese 10,000-yen banknotes move through a machine at the National Printing Bureau's Tokyo plant in Tokyo, Wednesday, June 19, 2024. The yen's sustained weakness has raised concerns about a possible resurgence of cost-push inflation, possibly weighing on private consumption. Bloomberg | Bloomberg | Getty Images Atsushi Mimura, a Japanese foreign exchange diplomat, said […]
Japan top FX diplomat says watching for any build-up of yen carry trades, NHK reports By Reuters – Investing.com
TOKYO (Reuters) – Japan's top foreign exchange official, Mimura Atsushi, said authorities are “constantly keeping a close eye on the market” as a renewed increase in yen carry trades could increase market volatility, NHK reported in an interview on Friday. According to NHK, Mimura said it was highly likely that the yen carry trades that […]
Is China preparing to attack Japan?
China may be preparing a surprise attack on Japan that would include a massive missile barrage against all major U.S. and Japanese military facilities on the Japanese archipelago. The logic of such an operation is straightforward: To maximize the effectiveness of a complex amphibious operation to seize Taiwan, the People's Liberation Army (PLA) needs to […]
Bank of Japan keeps benchmark interest rate steady as it treads cautiously on normalizing policy – CNBC
The Japanese flag flies above the Bank of Japan's headquarters building (below) in Tokyo on April 27, 2022. Nogi Kazuhiro | AFP | Getty Images The Bank of Japan kept its policy rate unchanged at about 0.25% – the highest since 2008 – at the end of a two-day meeting on Friday. This decision: Reuters […]
Japan finance minister Suzuki says rapid FX moves are undesirable – ForexLive
High Risk Warning: Foreign exchange trading involves a high degree of risk and may not be suitable for all investors. Leverage increases risk and loss. Before trading foreign exchange, you should carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some or all of your initial investment. Do not invest […]
Ex-Yankee suffers freak head injury while changing uniform in Japan
The former Yankees player reportedly suffered an unexpected injury in Japan. Tyler Austin, who was drafted by the Yankees in 2010 and played for the Bronx from 2016-18, was forced to leave a recent Yokohama DeNA BayStars game after hitting his head on the ceiling while changing uniform behind the team's bench. According to Yahoo […]
USD/JPY rises to near 143.00 following lower-than-expected Japan GDP data – FXStreet
USD/JPY snapped a four-day losing streak following weak Japanese GDP data on Monday. Friday's U.S. labor data reduced the chances of a bold Fed interest rate cut in September. The CME FedWatch tool suggests the probability of a 50 basis point Fed rate cut has slightly decreased to 29.0%. USD/JPY halted a four-day losing streak […]
Japan swelters through hottest summer while parts of China log warmest August on record | Extreme heat
Japan has experienced its hottest summer on record after three sweltering months that saw thousands of “extreme heat” incidents, with meteorologists warning that unseasonably high temperatures will continue into autumn. According to Kyodo News, the Japan Meteorological Agency announced that the average temperature for June, July and August was 1.76 degrees Celsius higher than the […]
Typhoon Shanshan: Japan prepares for ‘major disaster’ as storm makes landfall | Japan
Japan's strongest typhoon this year made landfall in southwestern Japan, bringing torrential rain that damaged houses and winds of up to 252 kilometers (157 miles) per hour. The Japan Meteorological Agency said Typhoon Shanshan made landfall in Kyushu at around 8 a.m. According to power companies, 254,610 homes have already lost power. The Japan Meteorological […]
Ben Affleck, Jennifer Garner reunite in Japan as ‘best friend exes’ amid Jennifer Lopez split rumors: source
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