Rising JGB Yields Bolster Case For Bank Of Japan Rate Hike, MUFG Says

Rising rate hike odds could disrupt investment strategies, impacting high-growth sectors and crypto, necessitating strategic repositioning. The post Markets raise odds for Federal Reserve rate hike after inflation report appeared first on Crypto Briefing.

The post Japanese Yen Faces Further Downside Risk Against US Dollar, Warns MUFG appeared on BitcoinEthereumNews.com. Japanese Yen Faces Further Downside Risk Against US Dollar, Warns MUFG Skip to content Home Forex News Japanese Yen Faces Further Downside Risk Against US Dollar, Warns MUFG Source: https://bitcoinworld.co.in/japanese-yen-further-weakness-risk-mufg/

The post Indian Rupee: Policy support amid pressure – MUFG appeared on BitcoinEthereumNews.com. MUFG’s Michael Wan highlights that India has unveiled several austerity-linked policy steps as Strait of Hormuz tensions pressure capital flows and the balance of payments. Authorities sharply raised import duties on Gold and Silver and capped duty-free Gold imports to support the Indian Rupee (INR), while also considering lower withholding taxes on bonds. MUFG remains cautious on INR versus G10 and Asian currencies. India policy shifts and Rupee outlook “India produced a cluster of significant policy moves this week, all tied to the government’s austerity push amid the Strait of Hormuz driven pressure on capital flows and balance of payments.” “The Finance Ministry raised import duties on gold and silver to 15% from 6%, effective 13 May, and on Thursday capped duty-free gold imports under the Advance Authorisation scheme at 100 kg per approval — measures aimed at curbing non-essential impor

The post Japan wholesale inflation jumps to 4.9% as import costs surge appeared on BitcoinEthereumNews.com. According to a Bank of Japan (BOJ) report issued Friday May 15, Japan’s wholesale prices jumped 4.9% year-on-year in April. This number exceeds the 3.0% gain economists had forecast and nearly doubled March’s revised 2.9%, as the Iran conflict drove a sharp rise in oil and petrochemical import costs, Reuters reported. The corporate goods price index (CGPI), which tracks what companies charge each other for goods, caught markets off guard. But beyond the headlines, yen-denominated import prices were even more revealing. Import prices rose 17.5% in April from a year earlier, nearly double its pace in March at 8.0%. The cause: The war in Iran and the closed Strait of Hormuz. The resulting effect has seen crude prices spike, the dollar trading higher against the yen, driving up costs for Japan’s fuel-dependent economy. Japanese manufacturers and retailers are passing cost increases t

The post BoJ’s Masu warns Iran war energy shock could hit Japan harder than 1973 oil crisis appeared on BitcoinEthereumNews.com. Bank of Japan (BoJ) policy board member Kazuyuki Masu said on Thursday that the impact of Iran war-driven energy shock on Japan’s economy may be more severe than 1973 oil crisis, risk requires attention. Key quotes Impact of Iran war-driven energy shock on Japan’s economy could be more serious than the first oil sock in 1973, a risk that warrants attention. Rising personnel expenses, distribution costs and impact of weak yen are elements forming basis for Japan’s inflation. From a long-term perspective, the price of food in general is a key determinant of future inflation. Given Japan is no longer in deflationary period, negative real rates should be addressed as soon as possible. With policy rate near estimated neutral level, BOJ must more closely assess prices, employment and financial conditions for further moves. Market reaction As of writing, the USD/JPY

The post Bank of Japan debates near-term rate hike, signals June move appeared on BitcoinEthereumNews.com. The Bank of Japan just told the world it’s seriously considering another rate hike, and the timeline is measured in weeks, not quarters. Minutes from the BOJ’s April 27-28 meeting, released on May 11, reveal that three out of nine board members pushed for an immediate increase to the policy rate, citing persistent inflation risks and the need to continue normalizing monetary policy. The central bank currently holds its short-term policy rate at 0.75%, a level it reached after a December 2025 hike that itself marked a dramatic departure from years of negative rates. Now markets are pricing in a 65.8% chance that the BOJ bumps that rate to 1% at its June meeting. What the minutes actually say The hawkish contingent on the board, those three members who wanted to move immediately, pointed to inflation that continues to run above the BOJ’s 2% target. The bank’s own forecasts were upgr

A potential BOJ rate hike could disrupt global liquidity, impacting risk assets like crypto, especially if the Fed's stance remains unchanged. The post Bank of Japan debates near-term rate hike, signals June move appeared first on Crypto Briefing.

A potential BOJ rate hike could strengthen the yen, impacting global carry trades and creating selling pressure across various risk assets. The post Bank of Japan debates near-term rate hike, eyes June move appeared first on Crypto Briefing.