Japanese Prime Minister Fumio Kishida emphasizes the importance of higher earning power and wages at SMEs as key factors for economic growth. Kishida acknowledges Japan's progress but states the country is only halfway in emerging from deflation. He supports the Bank of Japan's accommodative monetary policy and refrains from commenting on forex intervention or the timing of the next rate hike. Kishida also seeks a meeting with North Korean leader and expresses concern over the weakening yen. Japanese officials, including the finance minister and top currency official, signal readiness to intervene in the market to address the yen's decline, citing speculative moves and a need to prevent excessive swings in the exchange rate.
Historic stock prices, growing wages: Kishida stresses economic achievements https://t.co/yUM8UomRdX https://t.co/RCklYx1aTI
Japan’s top currency official says recent yen weakness is odd and out of line with current economic fundamentals, reaffirming his commitment to act if needed to prevent excessive swings in the exchange rate https://t.co/39amxLoIIm
Japan has now signalled that officials are on standby to intervene in the market to address the yen. Gold is at record highs in Japan. The Bank of Japan has distorted its capital markets, and the world will feel the effects.
Could Japan intervene to boost yen during Easter weekend when many markets around world are closed through Monday? @marcmakingsense notes this has this has been central banks' modus operandi in past. Odds of Japan FX Intervention While U.S, EU Markets Closed 'Relatively High':…
Still jawboning Japan FX Chief Calls Yen’s Slump Unusual, Vows to Act if Needed https://t.co/tj5iXrWUr7
🇯🇵Japan FX Chief Calls Yen’s Slump Unusual, Vows to Act if Needed Japan’s top currency official said recent yen weakness is odd and out of line with current economic fundamentals, reaffirming his commitment to act if needed to prevent excessive swings in the exchange rate. “I… https://t.co/SVdCyIDJ7R
As reported by Bloomberg, the Japanese authorities are intensifying their “verbal intervention” to support the currency, but so far, with limited success in reversing the Yen's depreciation, despite the Bank of Japan's rate hike and exit from YCC (yield curve control). #Japan… https://t.co/rMBLRnm9Jz
Japan has no 'defensive line' against yen's fall, says finance chief: Japan has no specific "defensive line" at which it will intervene in the market to stem the yen's slide, the finance minister said Friday, amid speculation the… https://t.co/MP7mFLkDWZ #japannews #japantoday
Exclusive: Japan’s top currency official says recent yen weakness is odd and out of line with current economic fundamentals, reaffirming his commitment to act if needed to prevent excessive swings in the exchange rate https://t.co/IL7bGfeFhK
Japan flags 'speculative' yen moves, signals chance of intervention https://t.co/kVOokg0sX6 https://t.co/tUrqlqyzx6
⚠️ JAPAN FLAGS 'SPECULATIVE' YEN MOVES, SIGNALS CHANCE OF INTERVENTION Full Story → https://t.co/btnULElS4f Japanese Finance Minister Shunichi Suzuki said on Friday there were "speculative" moves behind recent yen declines, suggesting authorities remained on stand-by to… https://t.co/O17ZprNEGo
Historic Stock Prices, Growing Wages: Kishida Stresses Economic Achievements https://t.co/yUM8Uomjop https://t.co/o5mLytTBF9
“SPECULATORS COULD BE CAUSING YEN WEAKNESS DUE TO FALLING INTEREST RATE DIFFERENTIALS” - #Japan #MOF Can someone show him Japan Debt/GDP chart? I am not sure speculators are to blame here 🤔 Narrator: clown show on steroids https://t.co/iSQqUuP2Wf https://t.co/gTek78wNRY
Japan has no 'defensive line' against yen's fall: finance chief https://t.co/tAnD9au0Q8
Here's how to decode the language used by Japan's policymakers on the yen and possible intervention https://t.co/aBPV5up6TQ
Morning Bid: Yen wary of holiday calm as Q1 curtain falls https://t.co/c3F7SDpI8f https://t.co/nfqXEMXBHb
Usage of a key Fed facility for foreign central banks rose as Japanese officials this week stepped up warnings they would act to halt the slide in the yen https://t.co/121rqqjPJG
Kishida seeks meeting with N Korean leader and end to deflation: Japanese Prime Minister Fumio Kishida reiterated Thursday his determination to work toward a summit with North Korea’s Kim Jong Un to realize the return of Japanese… https://t.co/OmL0zGSYWf #japannews #japantoday
Odds of Japan FX Intervention While U.S, EU Markets Closed 'Relatively High': Marc Chandler FX expert @marcmakingsense @BannockburnFX, sees Friday's holiday-closed markets as perfect time for Japan to intervene. He also says gov't may be wary of drawing line in sand for yen…
Odds of Japan FX Intervention While U.S, EU Markets Closed 'Relatively High': Marc Chandler FX expert @marcmakingsense @BannockburnFX, csees Friday's holiday-closed markets as perfect time for Japan to intervene. He also says gov't may be wary of drawing line in sand for yen…
Odds of Japan FX Intervention While U.S, EU Markets Closed 'Relatively High': Mark Chandler @marcmakingsense @BannockburnFX, covering FX market for decades sees Friday's holiday-closed markets as perfect time for Japan to intervene. He also says gov't may be wary of drawing line…
Japan only halfway to ending deflation: PM Kishida https://t.co/vPNXmOyS3E
Prime Minister Fumio Kishida presses the need for keeping in place Japan’s monetary easing, while he repeats his administration’s warning against a weakening yen https://t.co/EtqMb3TXi6
Japan's Kishida calls it appropriate for BOJ to keep easy policy https://t.co/OuLCm07Wcg
⚠️ JAPAN PM KISHIDA SAYS APPROPRIATE FOR BOJ TO KEEP EASY POLICY Full Story → https://t.co/fTzwkaZFCD Japanese Prime Minister Fumio Kishida said on Thursday it was appropriate for the central bank to maintain accomodative monetary conditions. https://t.co/6meIINNZwK
JAPAN PM KISHIDA: WON'T COMMENT ON TIMING OF NEXT BOJ RATE HIKE
🔴 JAPAN'S PM KISHIDA: I WON'T COMMENT ON FOREX INTERVENTION.
🔴 JAPAN'S PM KISHIDA: HIGHER EARNING POWER AND WAGES AT SMES ARE KEY.
JAPAN PM KISHIDA: WE ARE STILL HALF WAY IN COMPLETELY EMERGING FROM DEFLATION
JAPAN PM KISHIDA: JAPAN EXPERIENCING HISTORICAL CHANCE TO COMPLETELY EMERGE FROM DEFLATION
Kishida says Japan is not yet ready to declare the end of deflation. https://t.co/ds44ua49m2