Free Trial
EQUITIES

Large Sell-Program on Cash Open

OPTIONS

Expiries for Jan25 NY cut 1000ET (Source DTCC)

EQUITY TECHS

E-MINI S&P (H2): Approaching The October 2021 Low

EMERGING MARKETS

Risk-off Environment Sends EM FX Down, Leaves Equites Vulnerable

US TSY OPTIONS

Surge in 10Y Put Volume

CORN TECHS

(H2) Probes Key Resistance

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
MNI (Tokyo)
TOKYO (MNI)

Bank of Japan Governor Haruhiko Kuroda on Wednesday repeated his optimistic view on the outlook for economic recovery.

"If Japan can simultaneously protect public health and improve consumption activities through the use of vaccination certificates, for example, the economic recovery trend is very likely to become more pronounced, even in the services sector, also supported by the materialization of pent-up demand," Kuroda said at the 58th Japan-U.S. Business Conference via a webcast.

"The rise in the unemployment rate has been modest relative to the decline in economic activity. Although the rate has increased from the pre-pandemic level of around 2.5%, it remains low at around 3%."

"Many Japanese firms have essentially maintained their labor, supply-side constraints in Japan have not been as severe as in the U.S., and there has been no pressing need for firms to raise wages and selling prices," Kuroda said, see: MNI INSIGHT: Tankan Supports BOJ Econ Views; High Costs Eyed.


MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.