-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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 AccessMNI: Japan Govt Keeps Econ View, Ups Capex
Japan’s government left its economic assessment for the second straight month, but upgraded its view on capital investment due to the upward revision within the second preliminary GDP data, the Cabinet Office said on Friday.
The Japanese economy is recovering at a moderate pace, although it recently appears to be pausing, the government repeated, while business fixed investment “shows movements of picking up,” the first upward revision since October 2022.
The previous view was that capex “appears to be pausing for picking up.”
The GDP data showed capex rose 2% q/q in Q4, revised from the first preliminary estimate of -0.1%.
The government held its other assessments, such as private consumption, exports and inflation.
The government also maintained its near-term outlook, expecting the economy to continue recovering at a moderate pace with improved employment and income supported by policy effects.
However, it repeated its cautious view, noting slowing overseas economies presented downside risk to the economy, including the effects of global monetary tightening and the concern for the Chinese economy.
“Full attention should be given to price increases, the situation in the Middle East and fluctuations in the financial and capital markets,” it said, also pointing to the economic impact of the 2024 Noto Peninsula Earthquake.
As for policy stance, the government said that the BOJ decided to change its monetary policy framework and added, “The Government and the BOJ will continue to work closely together to conduct flexible policy management in response to economic and price developments.”
The government didn’t declare the end of deflation but said, “Through these managements, the Government and the Bank will foster widespread recognition among the public that there is no going back to deflation, and will lead to an end to deflation. Then, the Government will mobilize all possible policy measures to transform the Japanese Economy into a new growth-oriented economy.”
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.