Callum Henderson
Callum Henderson
bank clearly imminent japan negative previous soon time
The GDP deflator suggests the Bank of Japan doesn't have to do anything any time soon and this is negative for the yen. Previous expectations for an imminent tightening were clearly premature.
against dollar pushed senators supportive yesterday yuan
The dollar was pushed down against the yuan yesterday when the two senators arrived. This is yen supportive to some extent.
assumption cap clear comments implicit indeed japan rise tim time warning
The comments by Tim Adams were a bombshell. This is the first clear warning in a very long time by the U.S. that Japan shouldn't cap the rise in the yen. The implicit assumption is the yen will indeed strengthen.
authority economy exactly focus keeping singapore
The focus in Singapore has always been on keeping competitiveness in the economy and the Singaporean authorities have been task-masters in doing exactly that.