BoJ Governor Ueda says likelihood of price and economic outlook materialising has fallen due to Middle East uncertainty
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Shin-Etsu Chemical (4063 JT) withholds FY guidance due to the situation around the Middle East
BoJ Governor Ueda says want to take a little more time in gauging how Middle East situation would affect Japanese economy and prices
BoJ Governor Ueda says likelihood of price and economic outlook materialising has fallen due to Middle East uncertainty
BoJ Governor Ueda says need to be mindful of further economic slowdown depending on supply shock levels; Japan economy has some degree of endurance
China said to be weighing a second green sovereign bond sale, Bloomberg reports
On the Newsquawk feed at , 20 minutes before this page.
Context
Governor Ueda's statement indicates increased uncertainty surrounding Japan's economic and price outlook, primarily linked to geopolitical tensions in the Middle East. This dovish sentiment could suggest a cautious stance on monetary policy, potentially influencing market perceptions of the JPY and lightening expectations for future rate hikes. Traders should watch for any signs of currency volatility or adjustments in market sentiment towards riskier assets as these dynamics unfold.
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