The Latest Breaking News from Shinichi Uchida

Japan hikes interest rates to highest since 1995 as Middle East tensions fuel inflation fears

Decision by BOJ influenced by higher energy costs due to instability in the Middle East

The Independent UK · Jun 16

Bank of Japan raises interest rates to 31-year high … of 1%

Country acts amid Iran war inflation pressures, but US Fed and Bank of England expected to hold rates

The Guardian - UK · Jun 16

Explained: Why Japan's Nikkei soared to lifetime high even after BOJ hiked interest rates to 31-year high

Japan's Nikkei index surged past 70,000 for the first time as the Bank of Japan raised its short-term policy rate to 1%, the highest in 31 years. The central bank's gradual tightening, coupled with diminished Middle East conflict risks, supported equities. Simultaneously, an Iran-US peace deal boosted sentiment, leading to…

The Economic Times · Jun 16

S&P Futures Gain With Focus on U.S. PCE Inflation Data

March S&P 500 E-Mini futures (ESH25) are trending up +0.38% this morning, staging a partial rebound from the prior session’s losses, while investors brace for the release of the Federal Reserve’s first-line inflation gauge.

Barchart · Feb 28, 2025

Equities Extend Recovery, Yen Weakens As Some Calm Returns

After Monday's collapse that saw trillions of dollars wiped off valuations globally, traders returned to pick up bargains on Tuesday, with Japan's Nikkei bouncing back from a 12.4 percent loss to enjoy a gain of more than 10 percent.

Latin Times · Aug 7, 2024

S&P Futures Climb as Risk Sentiment Improves, Disney Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are trending up +0.91% this morning, extending the rebound from Monday’s dramatic selloff, supported by remarks from a senior Bank of Japan official ruling out further rate hikes during periods of market instability, while investors awaited a new batch of earnings reports.

Barchart · Aug 7, 2024

FTSE 100 jumps 1.75% after Japan calms rate rise fears – as it happened

BoJ deputy governor plays down immediate prospects of further interest rate rises, sending stocks up in Tokyo, across Europe, and on Wall Street

The Guardian - UK · Aug 7, 2024

Asian Stocks Extend Recovery, Yen Weakens As Some Calm Returns

Asian stocks rose again Wednesday as some stability returned after a volatile start to the week, though Tokyo saw more big swings and the yen weakened further as analysts warned more upheaval could be in store.

International Business Times · Aug 7, 2024

Diet endorses economist Ueda as next central bank governor

The Diet gave the green light for economist Kazuo Ueda to become the next governor of the Bank of Japan after the House of Councillors approved the government's pick on Friday.

The Japan News/Yomiuri · Mar 10, 2023

Nomination of economist Ueda as BOJ chief presented to Diet

The government presented to the Diet Tuesday its nomination of economist Kazuo Ueda, 71, as the successor to Bank of Japan Gov. Haruhiko Kuroda, whose term ends on April 8.

The Japan News/Yomiuri · Feb 14, 2023