Nikkei average starts 24 yen lower, with the USA and Japan added to the 'foreign exchange monitoring list' - designation as currency manipulator postponed.

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The United States added Japan to its 'monitoring list' for foreign exchange and refrained from designating it as a currency manipulating country.
In its foreign exchange report released on the 20th, the U.S. Department of the Treasury added Japan to the 'monitoring list' related to exchange practices. However, Japan and other trading partners are not being designated as currency manipulators.
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There is a possibility of significant fluctuations in the yen due to the unclear nature of monetary policies and exchange rates between Japan and the United States, according to Mr. Makoto Ogawa.
Barclays suggests that a 4-4.5% interest rate spread between Japan and the United States is necessary to prevent the yen from depreciating.

Kanda Finance Minister stated that if there is excessive volatility in the future, he will "appropriately respond" in response to the US foreign exchange report.
On the 21st, Finance Minister Masato Kanda stated that he will continue to take appropriate action if there is excessive volatility, following the US foreign exchange report listing Japan as a surveillance target. He spoke to the press at the Ministry of Finance.

Consumer prices in May rose by 2.5%, expanding for the first time in 3 months, falling below market forecasts.
The national consumer price index in May (excluding fresh food core CPI) rose by 2.5% compared to the same month last year, accelerating from the previous month's 2.2% increase. The expansion of the positive width is the first time in 3 months. Market expectations were for a 2.6% increase. This is the 26th consecutive month that exceeds the Bank of Japan's target of 2%.

The weakening yen is again in sight, with the possibility of reaching 160 yen against the dollar, raising concerns of intervention in the market.
The yen exchange rate continues to fall against the dollar in the foreign exchange market for 6 business days. If it continues like this, it will be the longest continuous decline since March and is approaching the lowest level in 34 years. Concerns about yen buying intervention by Japanese authorities are again rising in the market.

Denso Corporation sold all the shares held by 8 companies, including Toyota Boshoku and Toyota Tsusho.
$Denso (6902.JP)$In the securities report submitted on the 20th, Toyota Group plans to sell all the shares held by 2024. $Toyota Boshoku (3116.JP)$and $Toyota Tsusho (8015.JP)$、 $Hino Motors (7205.JP)$It has been revealed that all of the holdings of the eight stocks, including XXX, have been sold.

Central Glass - Buy Indication, Power Semiconductor Costs Reduced by 10%, New Manufacturing Method for Silicon Carbide Substrates, Promoting EV Adoption = Nikkei
$Central Glass (4044.JP)$XXX - Buy Indication. The morning edition of the Nihon Keizai Shimbun dated the 21st reported that the company has developed a new manufacturing method for the substrate of "silicon carbide (SiC)," which is an advanced material for power semiconductors.

XXXX - Rebound, SBIs Group Launches Policy Stock Buyout Fund with 100 billion yen Scale = Nikkei
$SBI Holdings (8473.JP)$XXX - Rebound. The morning edition of the Nihon Keizai Shimbun dated the 21st reported that Keystone Partners, a domestic investment fund in which XXX holds more than 30% stake, plans to launch a fund to buy policy-held stocks of financial institutions and companies.