EUR/USD
1.03977
0.089%
Gold
2796.59
0.087%
Oil
72.823
-0.130%
USD/JPY
154.061
-0.154%
GBP/USD
1.24257
0.065%
GBP/JPY
191.435
-0.041%
Real-time News
Samsung Electronics shares opened down 2.79%.January 31, a week after Bank of Japan Governor Kazuo Ueda raised interest rates for the third time during his tenure, Tokyos price growth accelerated, supporting the Bank of Japans economic outlook. The Japanese government announced on Friday that Tokyos consumer prices excluding fresh food rose 2.5% year-on-year in January, in line with economists median forecasts and the largest increase since February last year. The latest CPI data showed that inflationary pressures remain high. The survey results show that the most likely time for the Bank of Japan to raise interest rates next is July, followed by September. It is worth noting that 45% of respondents believe that in a risky scenario, the window for raising interest rates may be brought forward to April. Economist Taro Kimura said that the steady recovery of inflation in Tokyo will make the Bank of Japan more confident that inflation is becoming safe around its 2% target, prompting it to continue to reduce stimulus measures this year.Japans inventory month-on-month rate in December was -0.7%, compared with -1% in the previous month.Japans retail sales in December were 16.123 trillion yen, compared with 14.217 trillion yen in the previous month.Japans December seasonally adjusted retail sales month-on-month rate was -0.7%, in line with expectations of 0.00%, and the previous value was revised from 1.80% to 1.90%.
