Tomoko Fujii
Tomoko Fujii
half likely next remain situation year
At least for the next half a year the situation is likely to remain tough.
economic expect gloomy picture reasonably second weak
It's a very gloomy picture. We can reasonably expect a very weak economic picture for the first and second quarter.
domestic economy exports figures increase later rate robust shows strong supporting surplus trade
The trade surplus figures showed strong exports and domestic demand. This shows the economy is robust enough to withstand a rate increase later this year, supporting the yen.
against asian china dollar including japanese leads pressure strengthen
Pressure on China to revalue against the dollar leads other Asian currencies, including the Japanese yen, to strengthen against the U.S. currency.
beginning combined hike japanese likely markets price push rate recovery second steady
The markets have already priced in at least one rate hike and are beginning to price in the second rate hike by year-end. Combined with the steady recovery of the Japanese economy, those expectations are likely to push up the yen.
bad bank figures japan modestly policy shift solid toward track
The figures are not so bad and modestly yen positive. The Bank of Japan is on a solid track toward a policy shift this April.
data economic euro german market retail risk sales upside
The euro has upside risk should economic data such as German retail sales give the market a surprise.