#The Bank Of Japan


Developed countries bet on CBDC

The Atlantic Council’s GeoEconomy Center unveiled a new CBDC (central bank digital currency) tracker. Poe true, with an interactive database. Precisely, the original version of the CBDC tracker, launched in April 2020, was used by the Federal Reserve of the United States. And the Bank for International Settlements (BIS). “In...
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Financial Reportsmarketscreener.com

Fidelity Japan Trust : Half-year Report

Half-Yearly Report for the six months ended 30 June 2021. The net asset value (“NAV”) of the Company increased by +2.3% for the six months ended 30 June 2021, outperforming the Reference Index, which returned +0.2%. The Company’s share price return was +2.5%. This reflects the fact that the discount...

Expect Inflation To Surge In Japan, But Fall In The UK

The current global surge in inflation may have started in the U.S. but it won’t end there, new research shows. It’s likely to show up in other places too. “Recent currency movements imply that inflation will accelerate in Japan,” states a recent report from economics analytics company HCWE & Co.
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Japan Has $70 Billion Plan To Make China ‘Green’ With Envy

Japan’s central bank is raising the concept of economic “green shoots” to entirely new levels as it takes the lead to reduce the nation’s carbon footprint. Governor Haruhiko Kuroda will almost surely quibble with my suggestion the Bank of Japan is driving carbon reduction efforts. Yet when you look at the modest actions afoot in government circles, Kuroda might as well own the fact that his institution will be doing politicians’ jobs on the environment, too.
Books & Literaturemarginalrevolution.com

What I’ve been reading

1. Richard Lapper, Beef, Bible, and Bullets: Brazil in the Age of Bolsonaro. A very good country-specific book, it takes you from “Brazil is the country of the future and always will be” to “Brazil was the country of the future and maybe never will be again.” Did you know that the Pentecostals and Evangelicals have five times the number of radio stations as does the Roman Catholic Church?

Release of minutes of the Bank of Japan's Great East Japan Earthquake “Strong measures to prevent deterioration”

The Bank of Japan has released the minutes of the monetary policy decision meeting in the first half of 2011, when the Great East Japan Earthquake struck. At the meeting three days after the earthquake, additional monetary easing was taken, but while the full extent of the damage could not be grasped, the committee members who attended said that strong measures were needed to prevent economic deterioration, and responded. It can be seen that it was decided.

China’s digital yuan could be the future of money

Around thousands of years ago, when the only form of currency the world knew were coins, China invented the paper currency. Come 2021 and the country is again leading the race when it comes to digital currencies. What’s being debated is whether China’s CBDC project has the capability to shake the pillars of American power? Well, one can argue that money has already become virtual ever since credit cards and digital payment apps such as PayPal, Google Pay, WeChat have come very close to eliminating the need for physical currency, but in its essence, those are just ways to move money electronically.

USD/JPY Weekly Forecast: View ahead is the same as the view behind

Prospect of higher US interest rates fade on weak data, Fed dovishness. USD/JPY loses 110.00 on Tuesday, stays below on Friday. Technical considerations dominate near-term USD/JPY action, bias weakly lower. FXStreet Forecast Poll expects a near term decline. Prospects for higher US interest rates faded further as poor economic data...

EUR/JPY consolidates near 130.00 ahead of EU data

EUR/JPY trades with minor losses on Friday in the Asian session. The Euro gains are limited on ECB view and mixed economic data. Yen losses grounds on dismal economic data and a state of emergency. EUR/JPY edges lower on Friday in the Asian trading hours. The pair opened higher following...

USD/JPY consolidates below 110.00 ahead of US critical data

USD/JPY consolidates gains on Thursday in the initial trading session. Lower US Treasury yields undermine the demand for the US dollar. The yen remains unchanged after the BOJ summary of opinions suggests a longer accommodative monetary policy. USD/JPY remains muted in the Asian session on Thursday. The movement in the...

The Analytical Overview of the Main Currency Pairs on 2021.07.28

The fall of the dollar index led to an increase in the EUR/USD quotes. Moreover, the quotes were falling during the European session, but at the American session, the price sharply increased. The Federal Reserve will make a statement about its future monetary policy plans today. There are no interest rate changes planned, but there are concerns about the possible start of cutting the quantitative easing program. Investors should be extremely cautious as volatility will be high.