30 ordspråk av Tomoko Fujii

Tomoko Fujii

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en Press reports are pointing to a BOJ move as early as March, but I think the majority of market participants don't believe that story because such a shift could create volatility before fiscal year-end in March.
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en The markets have already priced in at least one rate hike and are beginning to price in the second rate hike by year-end. Combined with the steady recovery of the Japanese economy, those expectations are likely to push up the yen.
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en The trade surplus figures showed strong exports and domestic demand. This shows the economy is robust enough to withstand a rate increase later this year, supporting the yen.
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en Pressure on China to revalue against the dollar leads other Asian currencies, including the Japanese yen, to strengthen against the U.S. currency.
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en The current-account-surplus argument is always yen supportive.
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en Short-term rate expectations remain the single most important factor for dollar/yen,
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en might need some more time.
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en Some market participants are beginning to be concerned about the risks of an earlier rate hike.
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en At least for the next half a year the situation is likely to remain tough.
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en Mr. Koizumi remains willing to pursue structural reforms, so long as the economy permits. He's not going to abandon reforms. However, realistically it's also difficult to assume very quick progress.
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en It's a very gloomy picture. We can reasonably expect a very weak economic picture for the first and second quarter.
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en In general reducing the public debt will require drastic public sector reform. To implement drastic reforms, Koizumi needs to gain public support.
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en In the near term the economic outlook is still quiet bleak.
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en He hasn't done any reforms yet, so they would like to see the results.
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en Yen buying seems to be stalling after an initial round of optimism about the Sept. 11 election receded,
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