While major central banks have made progress toward their inflation goals, the inflation environment in Japan has remained very weak, according to analysts at Nomura. Key Quotes “The BOJ is analysing the reasons behind inflation weakness into the July meeting, and we expect its conclusion to emphasize the difficulty inherent in changing the deflationary mindset in Japan. As a result, the Bank will lower its inflation forecast broadly and significantly, pointing to a more prolonged period of monetary easing.” “The outcome will be a medium-term negative for JPY but positive for Japan’s equity market. At the same time, the BOJ may consider measures to alleviate negative impact on financial institutions, and we will monitor any media leaks on possible measures from the BOJ, which could lead higher JGB market volatility, as a short-term downside risks for USD/JPY.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next DXY Technical Analysis: greenback expected to face initial resistance at the 21-day SMA at 94.60. FX Street 5 years While major central banks have made progress toward their inflation goals, the inflation environment in Japan has remained very weak, according to analysts at Nomura. Key Quotes "The BOJ is analysing the reasons behind inflation weakness into the July meeting, and we expect its conclusion to emphasize the difficulty inherent in changing the deflationary mindset in Japan. As a result, the Bank will lower its inflation forecast broadly and significantly, pointing to a more prolonged period of monetary easing." "The outcome will be a medium-term negative for JPY but positive for Japan's equity market. At the same time, the BOJ… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
