Tag: global markets

The Bank of Japan began 2022 in “forgotten obscurity,” but it’s now at the center of some of the worst cross-asset market conditions on record.

Real Vision Global Markets Editor Weston Nakamura first alerted investors to the #BankofJapan’s policy divergence in January 2022.

Tokyo-based Nakamura looks back at the historic first six months of the year through the lens of the BoJ and its controversial “yield curve control” effort.

This is the only major central bank still actively easing. Indeed, its peers are aggressively tightening to fight global inflation. And the Japanese yen reflects this divergence, plummeting to multi-decade lows.

The BoJ continues to do battle with traders piling into the now-infamous “short Japanese government bonds” widow-maker trade, purchasing a record amount of JGBs to defend its 25 basis point yield peg.

That’s even as Japan sees its first episode of inflation in decades. Governor Haruhiko Kuroda enters his final year with the BoJ in crisis, having established his candidacy for the most radical central bank head in modern history.

In this video, Weston talks about JGBs, global rates, and currency markets, as unprecedented developments in Japan spill into the rest of the world.

Follow Weston on Twitter @acrossthespread for real-time market commentary on the Bank of Japan and global markets.

Read his thread on market data providers’ errors on live JGB prices here: https://twitter.com/acrossthespread/status/1537476938562179073?s=21&t=ZPBCK2kuPBbH9N3zGN8_Qw.

See Weston’s original videos for Real Vision on the Bank of Japan:

Why Global Markets Are Addicted to the Bank of Japan: https://youtu.be/t9l2flhMSVE

How Bank of Japan Uses Media to Test Policies: https://youtu.be/JQV7pIGe9hI

Thanks for watching Real Vision Finance!

#globalmarkets #japaneseyen

✅ Subscribe to our channel now for more videos like this one: http://rvtv.io/SubscribeRVFinance​

About Real Vision™:
Real Vision™ is where you can gain an understanding of the complex world of finance, business, and the global economy with real in-depth analysis from real experts.

Connect with Real Vision™ Online:
Real Vision Crypto: http://rvtv.io/RealVisionCrypto​​​​​​​​
Twitter: https://rvtv.io/twitter​​​​​​​​​​​​​​​
Instagram: https://rvtv.io/instagram​​​​​​​​​​​​​​
Facebook: https://rvtv.io/facebook​​​​​​​​​​​​​​
Linkedin: https://rvtv.io/linkedin​​​​​​​​​​​​​​​

#Macro #finance #macroeconomy #markets #financialmarkets #bonds #stocks #oil #gas #commodities #equities #gold

Disclaimer:
This is pretty obvious, but we should probably say it anyway so there is no confusion…The material in REAL VISION GROUP video programs and publications {collectively referred to as “RV RELEASES”} is provided for informational purposes only and is NOT investment advice. The information in RV RELEASES has been obtained from sources believed to be reliable, but Real Vision and its contributors, distributors and/or publisher, licensors, and their respective employees, contractors, agents, suppliers, and vendors { collectively, “Affiliated Parties”} make no representation or warranty as to the accuracy, timeliness or completeness of the content in RV RELEASES. Any data included in RV RELEASES are illustrative only and not for investment purposes. Any opinion or recommendation expressed in RV RELEASES is subject to change without notice. RV Releases do not recommend, explicitly nor implicitly, nor suggest or recommend any investment strategy. Real Vision Group and its Affiliated Parties disclaim all liability for any loss that may arise (whether direct indirect, consequential, incidental, punitive or otherwise) from any use of the information in RV RELEASES. Real Vision Group and its Affiliated Parties do not have regard for any individual’s, group of individuals’ or entity’s specific investment objectives, financial situation, or circumstance. RV RELEASES do not express any opinion on the future value of any security, currency, or other investment instruments. You should seek expert financial and other advice regarding the appropriateness of the material discussed or recommended in RV RELEASES and should note that investment values may fall, you may receive less back than originally invested and past performances are not necessarily reflective of future performances. Well, that was pretty intense! We hope you got all of that – now stop reading the small print and go and enjoy Real Vision.

source