Naomi Fink speaks to CNBC Asia’s Pauline Chiou on The Rundown. Topics for discussion include: Economy: warning signals if employees do not spend those enhanced summer bonuses Markets: could investment trusts get a bumper from bonuses? Risks to the policy outlook Carry trade and interest rates Risk of a premature QQE exit within this financial year
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
Sentiment in stocks tends to be adversely affected by yen strength, though both might actually be influenced by global appetite for risk/uncertainty over global demand. Naomi Fink chats with CNBC’s Matthew Taylor on the yen, impact on Japanese corporates and BOJ policy. Click here to view the segment.
On the yen, BOJ, Abenomics and more. See link for commentary.
Outlook for Japanese markets Data out of Japan today: household spending, jobless rate and retail sales– impact on the markets? BOJ Policy and reflation Consumption tax hike and fiscal policy Link to video
On Japanese Trade, Abenomics and the BOJ click to view TRADE Despite the fact that both imports and exports came in lower than expected, it’s hard to read too much into this one data release. Certainly, a slightly narrower deficit is on the margin, positive for GDP. At the same time, lower imports are both good and bad – a dip in resource import volumes (the key driver for softer…
On Japan’s third-quarter GDP, and what “Abenomics” must yet achieve 14 November 2013 05:30 AM BST/ 02:30 PM JST BBC World Business Report with Sally Bundock http://www.bbc.co.uk/iplayer/episode/b03hdh8l/World_Business_Report_14_11_2013/