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.
At the second Structural Reform Ministerial Meeting held in Cebu, the Philippines in September 2015, Ministers instructed the Economic Committee (EC) to focus on “structural reform and services” for the 2016 APEC Economic Policy Report (AEPR). APEC has awarded Europacifica Consulting a mandate to deliver an expert study on Japanese financial sector reform for the 2016 AEPR.
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
Naomi Fink discusses Japan GDP growth in H2 2016, BOJ QQE-NIR and Abenomics/Womenomics See link for related commentary.
In the first installment of our RMB thought leadership series, we we explored the current status of Chinese capital account liberalisation, aspects of RMB internationalisation to date, and its effect on Australian markets. At the second in our RMB Thought Leadership conference series in Melbourne, noting the changing landscape both for Chinese investors and global portfolio managers, we examined the status of Chinese capital account liberalisation in the context of investment flows between…
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)
We spoke to Asia Society on key regional and global events impacting Australia and Asia going into 2016, including: 1. INTERNATIONALISATION OF THE RMB 2. FED INTEREST RATE HIKE 3. BANK OF JAPAN (BOJ) AND THE EUROPEAN CENTRAL BANK (ECB) 4. OPEC AND OIL SUPPLY 5. PRODUCTIVITY AND CRUNCH TIME FOR ABENOMICS Read the full article here.
THOMSON REUTERS RMB THOUGHT LEADERSHIP LUNCHEON SERIES This luncheon series is by invitation only, with a confirmed panel of speakers including: Introduction: James Land, Head of Market Development – Pacific, Thomson Reuters Keynote – latest developments in Chinese Account Liberalisation Kathy Walsh, Research School of Finance, Actuarial Studies & Applied Statistics, Australian National University Keynote – latest global investor/sovereign views on China, SDR and capital account liberalisation Mark Burgess, Former Managing…