Japan Rapid Response Japan Industrial Production & Retail Sales (Jan. 23) 28th February 2023 · 1 min read
Japan Economics Weekly Market pressure on Yield Curve Control intensifying Deputy Governor Amamiya’s reason for rejecting the governorship has made clear that the government wants to pivot away from the ultra-easy monetary policy of the past decade. As a result, market bets... 24th February 2023 · 7 mins read
Japan Data Response Japan Consumer Prices (Jan. 2023) Inflation hit a four-decade high in January and while we still expect inflation to fall below the Bank of Japan’s 2% target by mid-year thanks largely to the government’s energy subsidies, there are... 24th February 2023 · 2 mins read
Japan Data Response Japan Flash PMIs (Feb. 23) February’s flash PMIs are broadly consistent with our downbeat narrative of the economy in 2023. The manufacturing PMI fell further due largely to a plunge in export orders, while a further rise in... 21st February 2023 · 2 mins read
Japan Economics Weekly Consensus is too optimistic about GDP growth The economy expanded at a slower pace in Q4 than most anticipated, and while the second consecutive fall in export volumes in January largely reflects distortions from the Lunar New Year, it’s... 17th February 2023 · 5 mins read
Event Asia Drop-In: Ueda at the BOJ, China’s property recovery and more 23rd February 2023, 8:00AM GMT Our latest Asia Drop-In tackles the region’s big stories, from the Bank of Japan’s new governor to China’s property rebound to Pakistan’s default risk. During this 20-minute online briefing...
Japan Data Response Japan External Trade (Jan. 2023) & Machinery Orders (Dec. 2022) The trade deficit was virtually unchanged in January, as volumes and prices of exports and imports fell across the board. With the global downturn weighing on external demand, further export volume... 16th February 2023 · 3 mins read
Japan Rapid Response Japan External Trade (Jan. 2023) & Machinery Orders (Dec. 2022) 16th February 2023 · 2 mins read
Japan Chart Pack YCC still set to end with Ueda at the helm The government formally nominated Kazuo Ueda as the next Bank of Japan Governor at yesterday’s Diet session. Since the initial announcement of his candidature last Friday, analysts and investors have... 15th February 2023 · 11 mins read
Japan Data Response Japan GDP (Q4 2022 Preliminary) Japan’s economy returned to growth in Q4, avoiding a technical recession after the contraction in Q3. With business investment slowing even quicker than we anticipated and a lower savings rate leaving... 14th February 2023 · 3 mins read
Japan Economics Weekly Ueda the Unknown Kazuo Ueda was present as a member of the Bank of Japan’s Policy Board at the birth of both the Zero Interest Rate Policy in 1999 and Quantitative Easing in 2001 and took the dovish side of arguments... 10th February 2023 · 8 mins read
Japan Data Response Japan Economy Watchers Survey (Jan. 2023) Current readings dipped slightly in January’s Economy Watchers Survey but the jump in outlook readings suggests spending growth this quarter will still be decent. 8th February 2023 · 2 mins read
Japan Data Response Japan Labour Cash Earnings (Dec. 2022) The large jump in wage growth in December was mostly due to a surge in volatile bonus payments and it will slow over the coming months. 7th February 2023 · 2 mins read
