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2024

2023

  • Daiwa's View

    Daiwa's View

    22 June 2023 467 KB PDF
    • Kishidanomics after downgrading coronavirus to “Class 5” is Abenomics with beefed up “third arrow”; stressing growth strategies with long-term view to stimulate private investment even more than Abenomics
    • Right prescription for overcoming economic stagnation; major financial market transformation if realized
  • Daiwa's View

    Daiwa's View

    19 June 2023 1086 KB PDF
    • BOJ’s cautious stance unchanged even at Jun meeting
  • Daiwa's View

    Daiwa's View

    19 June 2023 696 KB PDF
    • BOJ Governor Kazuo Ueda kept saying “highly uncertain”
    • BOJ has cautious stance, despite changes in companies’ price and wage setting behaviors
  • Daiwa's View

    Daiwa's View

    15 June 2023 615 KB PDF
    • Yen short positions are at their highest level since outbreak of COVID-19 pandemic
  • Daiwa's View

    Daiwa's View

    12 June 2023 907 KB PDF
    • Central bank week, viewing Japan in a global context
    • Fighting multiple inflation factors, BOJ also needs to revise its price forecasting model
  • Daiwa's View

    Daiwa's View

    9 June 2023 610 KB PDF
    • FY22 results at life insurers
    • Increased use of options amid falling hedge ratio
  • Daiwa's View

    Daiwa's View

    7 June 2023 630 KB PDF
    • 10-year yield may become less sensitive to core inflation
    • Sensitivity to headline inflation is likely to increase
  • Daiwa's View

    Daiwa's View

    2 June 2023 1022 KB PDF
    • 10-year US yield returned to 3.5% level in just four business days
    • The Fed’s intentions have been understood
    • Fundamentals are slightly negative