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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
REPEAT: MNI POLICY: BOJ To Keep View, Japan June Exports Solid
TOKYO (MNI) - The Bank of Japan will maintain its assessment that Japanese
exports are on an uptrend as Ministry of Finance data showed Thursday that they
rose 6.7% on year in June for the 19th straight year-on-year rise, indicating
firm global demand.
But BOJ economists remain vigilant against the risks that global demand
will be hurt by the protectionist U.S. trade policy following the World Economic
Outlook released by the International Monetary Fund on Monday.
The IMF left its forecast for global economy unchanged from April at 3.9%
this year and next but it also warned that escalating trade tensions are
threatening to the global economic growth.
The next key piece of data is the Bank of Japan's real trade indexes for
June due out at 1400 JST (0500 GMT) on Thursday.
The BOJ's real export index posted the first month-on-month drop in two
months in May, down 3.8% after rising 5.3% in April, but BOJ officials believe
solid global demand should support a moderate economic recovery.
--MNI Tokyo Bureau; tel: +81 90-4670-5309; email: max.sato@marketnews.com
To read the full story
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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.