-
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 Podcasts -
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
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
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 AccessTepid Demand For Yen
The yen trades on a softer footing amid slightly reduced demand for safe havens, as pessimism surrounding the Omicron coronavirus variant has waned somewhat. Top Biden medical advisor Fauci told CNN that "the signals are a bit encouraging" on the severity of symptoms caused by the new variant, adding that he hopes border restrictions would be removed "within a quite reasonable period of time." This modicum of cautious optimism has likely lent support to broader risk appetite at the start to the new week.
- The decision to tighten border controls may have provided a boost to the approval rating of PM Kishida's Cabinet, the latest Yomiuri poll showed. Support for the Cabinet increased, while 89% of respondents favourably assessed the latest travel restrictions. Parliament will today start a debate on the gov't's response to the Omicron coronavirus variant.
- NHK reported that the gov't is considering raising the official GDP growth projection for the next fiscal year to account for the impact of the new stimulus package.
- Participants look ahead to the release of Japan's earnings/spending data (Tuesday), final GDP, BoP current account balance & Eco Watchers Survey (Wednesday) as well as BSI Survey (Thursday).
- USD/JPY last trades +25 pips at Y113.05 at typing. A clearance of Nov 24 high & bull trigger at Y115.52 is needed to generate some fresh bullish momentum. Bears eye Nov 30 low of Y112.08 for initial support and a break here would expose Sep 30 high ofY112.08 (a recent breakout level).
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.