“I would hate to be one of the traders forced to make prices June 23-24.” A New York FX market-watcher – Geopolitical risk seems to be the over-arching theme this week; with market uncertainty (as we can see in stock weakness) over the UK referendum looming, neither the BOJ nor the Fed wished to take too hawkish a tone. – Add to this soft underlying inflation expectations (hence the weaker…
Speaking to Yvonne Man at Asia open on: The BOJ and Japanese inflation expectations The British referendum, its effects on markets and expectations The Nikkei and dollar-yen Cross-market risks See link for related article.
On the potential delay of the consumption tax hike in Japan: “It’s one very easy show of supporting consumption and also it’s a way of flexing political muscle,” Naomi Fink, CEO of Europacifica Consulting, told CNBC.”My main worry remains that this sends the wrong message with regards to fiscal credibility.” Click here for video link
On the yen, BOJ, Abenomics and more. See link for commentary.
Is the Bank of Japan Running Out of Options? 3:13 PM AEDT February 10, 2016 Share on FacebookShare on Twitter Naomi Fink, chief executive officer and founder of Europacifica Consulting, discusses the Bank of Japan’s policy strategy. She speaks to Bloomberg’s Haidi Lun on “First Up.” (Source: Bloomberg)
Europacifica CEO Naomi Fink speaks to Rish Salamat on Bloomberg TV’s Trending Business, on: – CPI and BOJ’s inflation target of 2% versus commodity-led price declines – Labour market tightness; job data as a bright spot amid slower Q2 growth data – Why Kuroda is talking up China – Abenomics as a path-dependent policy Link to interview