Bank of Japan (BoJ) Deputy Governor Ryozo Himino is back on the wires early Tuesday, shedding more light on the inflation and monetary policy outlook.
Additional comments
In Trump's address, hope to scrutinize schedule and balance of new US administration's policy measures, and whether anything not communicated so far would come out.
On a Yen-denominated basis, recent year-on-year rise in import prices is quite high.
Hard to say whether risk to inflation skewed to upside or downside.
Don't have something like a 'check list' in deciding whether to hike rates or not in January.
When right timing comes, the BoJ must change policy without delay.
Likelihood of economy, prices moving in line with our forecast is gradually heightening.
Daily, one-week moves in long-term interest rates won't serve as a basis for our policy decision, when asked about recent rise in global yields.
My main scenario on the US outlook is for its economy to sustain firm growth, but want to scrutinise likelihood of this scenario including through Trump's inaugural address.
My main scenario is for wages to grow as strongly as 2024 this year, but want to scrutinise information leading up to next week's policy meeting.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended content
Editors’ Picks
USD/JPY remains heavy near 155.50, sits at fresh monthly lows
USD/JPY recovers to near 155.50 in Thursday's Asian trading, bounding from fresh monthly lows near 155.20. The pair stays heavy as the Japanese Yen remains underpinned by prsopects of a BoJ interest rate hike next week while the Fed ponders over future rate cuts following the US December CPI report.
AUD/USD: Buyers lose traction near 0.6250 after Australian jobs data
AUD/USD faces rejecton near 0.6250 early Thursday, erasing gains induced by mixed Australian labor data, which sent the pair to a one-week top. The pair's downside appears capped amid easing concerns over US President-elect Trump's disruptive trade tariffs and risk-on mood.
Gold bulls retain control, sustained move beyond $2,700 awaited
Gold price touches over a one-month high in the Asian session on Thursday, with bulls now awaiting a move beyond the $2,700 mark before placing fresh bets. Benign US inflation data prompted traders to resume their bets for additional Fed rate cuts, which led to the overnight slump in the US bond yields.
Crypto Today: VanEck ETF filing drives BTC to $100k as Stellar tracks XRP price rally
Cryptocurrencies aggregate market capitalization reached $3.5 trillion on Wednesday, rising by $152 billion within the daily timeframe. This 4.8% increase is the highest single-day crypto market gains since in 35 days dating back to December 11.
Eurozone industrial production ticked up in November
The slight 0.2% rise in production from October is insufficient to indicate a reversal of the two-year downward trend. Overall, the outlook for industry remains quite weak at the start of the year.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.