How much of the Japanese stock market does the BOJ own?
The Bank of Japan (BOJ), unlike any of its peers, has become a huge player in the country’s stock market. What began as a monetary policy experiment has turned into what some economists describe as a caveat for policymakers about the extent of intervention a central bank may take in propping up capital markets.
Are these global companies on the right side of history?
Despite a global boycott of Russia and an international condemnation of the Kremlin’s actions against Ukraine, some multinationals have dismissed demands to exit or scale down their presence in Russia for various reasons and choosing to continue business-as-usual. The conflict between Russia and Ukraine has dragged on for two months now…
Around-the-world currency round-up; EUR, JPY, AUD, GBP
The USD dollar is not giving up ground against its trading partners. In fact, the US dollar index has just minted fresh 2-year highs, crossing the 102 level for the first time since March of 2020. Investors are waiting with bated breath for definite signs that the US Federal Reserve will be hiking its benchmark rate by 50 basis points in May as…
What you need to know to trade Twitter ahead of Thursday’s earnings
Twitter (NYSE:TWTR) is set to announce its first-quarter earnings results on Thursday and some analysts expect the microblogging platform to again incur losses on the back of its increased infrastructure and marketing spending amid tight competition. The company, once among the most popular social media channels globally, has…
Inflation and tech earnings set to rattle many markets next week
Next week, the largest market events will centre on inflation, with Australia and the European Area updating the market as to their respective rising consumer prices. Australia’s quarterly inflation report is due this coming Wednesday. The country has been curiously immune to the worst inflationary…
量的引き締めは株式と米ドルに何を意味するのか？
米連邦準備制度理事会（FRB）は3月の直近の政策会合で、バランスシートを月950億ドルのペースで縮小する計画を示唆した。これは、今後数カ月間の積極的な利上げに加え、高騰するインフレを抑制するための最新の試みである。
What does Quantitative Tightening mean for stocks and the USD?
In its most recent policy meeting in March, the US Federal Reserve hinted at plans to shrink its balance sheet at a rapid pace of $95 billion per month, its latest attempt to tame red-hot inflation in addition to its aggressive rate hikes in the coming months. A move to reduce the Fed’s balance sheet…
Breaking down AT&T’s stock after WarnerMedia spin-off
Nearly four years after fighting a hard battle to acquire WarnerMedia and accelerating its foray into the media business, AT&T (NYSE:T) has gone back to its roots to focus on being a telecommunications company. On April 8, AT&T completed the spin-off of 100% of its interest in WarnerMedia…
Spotlight on the currencies of Ukraine’s neighbours
The USD has lived up to its classification as a safe-haven currency since the beginning of Russia’s invasion of Ukraine. Other safe-haven currencies, such as the Swiss franc and the Japanese yen, have failed in this respect. Both have lost strength over the past month and a half. The Swiss franc index has fallen 1.2% over this time, while the Japanese yen has plummeted 8.6%.
