Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Tokyo CPI"


8 mentions found


Japanese national flag is hoisted atop the headquarters of Bank of Japan in Tokyo, Japan September 20, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing RightsOct 27 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. This is the backdrop to Friday's open in Asia, where Japanese economic data, bonds, and currency will again be under intense scrutiny ahead of next week's Bank of Japan policy meeting. The main data release in Asia on Friday will be consumer price inflation in Tokyo for September. In China, meanwhile, industrial sector profit figures for the first nine months of the year are on the docket Friday.
Persons: Issei Kato, Jamie McGeever, JP Morgan, Fumio Kishida, Marguerita Choy Organizations: Bank of Japan, REUTERS, Nasdaq, week's Bank of Japan, Reuters, Barclays, UBS, Japanese, China's, Thomson Locations: Tokyo, Japan, Asia, China, YTD, Australia
Sept 29 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Investors will not be able to switch off completely over the weekend, however, with the fast-evolving Evergrande saga making for gripping reading. On top of that, China's manufacturing and service sector purchasing managers index reports for September - official and unofficial - will be released on Sunday. The MSCI World stock index's rise on Thursday was its first in 10 days, snapping its longest losing streak since November 2011. Would a partial recovery in risk appetite and reversal of many of these trades at the start of the fourth quarter be a complete surprise?
Persons: Jamie McGeever, Josie Kao 私, Organizations: Investors, Treasury, International Monetary Fund, Japan Tokyo, 「 Reuters Locations: Asia, Japan, Tokyo, Hong Kong, eyeing, China, U.S, Australia
Morning Bid: Over to you, Bank of Japan
  + stars: | 2023-07-27 | by ( ) www.reuters.com   time to read: +2 min
NEW YORK, July 28 (Reuters) - A look at the day ahead in Asian markets from Stephen Culp, financial markets columnist. Could this be a landmark day for the Bank of Japan? The news was "the biggest driver of today's performance," according to Michael Green, portfolio manager and chief investment strategist at Simplify Asset Management. Reuters GraphicsEarlier in the day, U.S. stocks were buoyed and fears of a global economic slowdown were abated by upbeat earnings reports and a raft of better-than-expected U.S. economic data. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Stephen Culp, it's, Michael Green, Jerome Powell's, Marguerita Choy Organizations: YORK, Bank of, Bank of Japan, Nikkei, Dow Jones Industrial, Management, U.S . Federal Reserve, European Central Bank, U.S . Commerce, Federal, Commerce Department, Tokyo CPI, PPI, Carolina, Thomson, Reuters Locations: Bank of Japan, U.S, Japan, Tokyo, Australia, Korea
Take Five: And let there be calm
  + stars: | 2023-03-24 | by ( ) www.reuters.com   time to read: +5 min
LONDON, March 23 (Reuters) - At the incredible end to the first quarter for financial markets, rattled by bank turmoil, some stability will be much hoped for in coming days. SNB chief Thomas Jordan reckons the next two weeks will be vital to securing UBS's Credit Suisse takeover. Market cap of US regional banks included in the S&P 500 regional bank index3/ DID YOU SAY AT1? Potential legal action is also possible after Swiss authorities ruled that holders of Credit Suisse AT1 bonds would get nothing in the deal. And U.S. and European banks turmoil show how quickly a crisis can surface, giving Ueda even more reason for caution.
Morning Bid: Kuroda 2.0
  + stars: | 2023-02-24 | by ( ) www.reuters.com   time to read: +2 min
[1/2] The Japanese government's nominee for the Bank of Japan (BOJ) Governor Kazuo Ueda arrives for a hearing session at the lower house of the parliament in Tokyo, Japan, February 24, 2023. Interest rate markets are positioned for an end to yield curve control as a first step away from decades of super-easy policy experiments in Japan. Yet as he fronted his confirmation hearing before parliament on Friday, he sounded very much like incumbent Haruhiko Kuroda. Traders responded with relief and the Nikkei share average (.N225) had its best session in a month. A surprise could shake things up, though with U.S. rate expectations already ratcheting higher through February a degree of stickiness is priced in.
The increase, which was the fastest pace in four decades, will likely underpin market expectations the Bank of Japan (BOJ) may phase out its massive stimulus by tweaking its yield control policy. The rise in the Tokyo core consumer price index (CPI), which excludes fresh food but includes fuel, exceeded a median market forecast of 3.8% and a 3.6% gain seen in November, government data showed on Tuesday. The last time Tokyo inflation was faster was April 1982, when the core CPI was 4.2% higher than a year before. The rise in Tokyo CPI heightens the chance nationwide consumer inflation likely stayed above the BOJ's 2% target in December. But Japan's long-term interest rates have crept up since the BOJ stunned markets last month by widening the band around its 10-year bond yield target, a move investors saw as a prelude to a future rate hike.
The core consumer price index (CPI) in Tokyo, a leading indicator of nationwide inflation trends, was expected to have climbed 3.8% in December from a year earlier on widening retail price rises, according to the median estimate of 16 economists. The central bank jolted the market last month with a surprise tweak to its long-term yield cap, allowing rates to rise more. Household spending likely dropped 0.5% in November from the previous month, while it was forecast to have risen 0.5% from the same month a year earlier, according to the poll. The government will release the Tokyo CPI data and household spending data on Jan. 10 at 8:30 a.m. (Jan. 9, 2330 GMT). The current account data is due on Jan. 12 at 8:50 a.m. (Jan. 11, 2350 GMT).
Summary Tokyo Nov core CPI up 3.5% vs f'cast +3.4%Tokyo CPI stays above BOJ's 2% target for 6 straight monthsData underscores broadening inflationary pressureTOKYO, Nov 25 (Reuters) - Core consumer prices in Japan's capital, considered a leading indicator of nationwide trends, rose 3.6% in November from a year earlier, marking the fastest annual pace in 40 years in a sign of broadening inflationary pressure. The rise in the Tokyo core consumer price index (CPI), which excludes fresh food but includes fuel costs, exceeded a median market forecast for a 3.5% gain and accelerated from a 3.4% increase in October, government data showed on Friday. Core consumer inflation in Tokyo remained above the Bank of Japan's 2% target for six straight months in November, a sign that rising raw material costs were steadily pushing up a broad range of prices for daily necessities. The Tokyo core-core CPI index, which strips away both fresh food and fuel costs, rose 2.5% in November from a year earlier, pacing up from a 2.2% gain in October. Reporting by Takahiko Wada and Leika Kihara Editing by Chang-Ran Kim and Sam HolmesOur Standards: The Thomson Reuters Trust Principles.
Total: 8