Starting with the Nikkei Average rising by 253 yen Bank of Japan meeting points of interest: interest in interest rate hikes for the first time in 17 years, concrete measures, and the normalization process
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Market Overview
Today's Nikkei Stock Average started at 38960.99 yen, 253.35 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2688.46, 17.66 points higher.
Market Overview
Today's Nikkei Stock Average started at 38960.99 yen, 253.35 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2688.46, 17.66 points higher.
Top news
Bank of Japan meeting highlights: Interest rate hikes for the first time in 17 years, concrete measures, and normalization processes
At the monetary policy meeting where the Bank of Japan will announce the results on the 19th, policy normalization, starting with the cancellation of negative interest rates, and its concrete measures will be the biggest focus. If cancellation is decided, it seems that the process of normalization, such as the pace of future interest rate hikes, etc. will be explored from statements and President Ueda Kazuo's remarks.
Machine orders fell 1.7% in January, negative for the first time in 2 months, manufacturing sluggish
According to the January machine order statistics announced by the Cabinet Office on the 18th, civilian demand (excluding ships and electricity, seasonally adjusted), which is a leading indicator of capital investment, was 823.8 billion yen, down 1.7% from the previous month. Negative for the first time in 2 months. Orders declined, mainly in the manufacturing industry.
Will 4 trillion dollars of Japanese money go overseas even after the Bank of Japan's negative interest rate is lifted - MLIV survey
According to the results of the latest Bloomberg “Markets Live (MLIV) Pulse” survey, it seems that Japanese money will stay overseas even if the Bank of Japan ends its negative interest rate policy at the monetary policy meeting on 18-19.
Bank of Japan continues to buy government bonds to lift negative interest rates
The Bank of Japan has a policy of continuing certain purchases of government bonds even after the negative interest rate policy is lifted. At the monetary policy meeting to be held on 18-19, it is expected that the abolition of long and short interest rate manipulation (yield curve control, YCC) will also be decided along with the cancellation of negative interest rates, but they are considering leaving a mechanism to suppress the rapid rise in interest rates.
Decarbonization support 200 billion yen Ministry of Economy, Trade and Industry, energy-saving semiconductors, etc.
The Ministry of Economy, Trade, and Industry supports necessary funds from research and development to capital investment for startups in the decarbonization field, such as storage batteries. Currently, it is limited to research and development subsidies, and there was a tendency to run out of funds during the business expansion phase.
Mitsubishi UFJ Trust and Banking's real wage increase of over 9%, the highest since consolidation
$Mitsubishi UFJ Financial Group (8306.JP)$Trust banks will actually implement wage increases of over 9% in the total amount that takes into account promotions, salary increases, and expansion of allowances in 2024 in spring labor-management negotiations. In addition to implementing base increases (bears), employee treatment will be made generous by establishing allowances at the time of transfer, etc.
Mitsubishi UFJ, Dai-ichi Life HD, etc. are doing well, and movements include the cancellation of negative interest rates at the Bank of Japan decision meeting◇
$Mitsubishi UFJ Financial Group (8306.JP)$Megabanks, etc. $Dai-ichi Life Holdings (8750.JP)$Life insurance stocks are generally showing strong movements. Attention is drawn to the results of the Bank of Japan's monetary policy meeting to be held on the schedule of today and tomorrow and the Bank of Japan Governor Ueda Kazuo's press conference after the meeting, but the market has already factored in ahead of time with the view that negative interest rates will be lifted at this meeting.
Bank of Japan meeting highlights: Interest rate hikes for the first time in 17 years, concrete measures, and normalization processes
At the monetary policy meeting where the Bank of Japan will announce the results on the 19th, policy normalization, starting with the cancellation of negative interest rates, and its concrete measures will be the biggest focus. If cancellation is decided, it seems that the process of normalization, such as the pace of future interest rate hikes, etc. will be explored from statements and President Ueda Kazuo's remarks.
Machine orders fell 1.7% in January, negative for the first time in 2 months, manufacturing sluggish
According to the January machine order statistics announced by the Cabinet Office on the 18th, civilian demand (excluding ships and electricity, seasonally adjusted), which is a leading indicator of capital investment, was 823.8 billion yen, down 1.7% from the previous month. Negative for the first time in 2 months. Orders declined, mainly in the manufacturing industry.
Will 4 trillion dollars of Japanese money go overseas even after the Bank of Japan's negative interest rate is lifted - MLIV survey
According to the results of the latest Bloomberg “Markets Live (MLIV) Pulse” survey, it seems that Japanese money will stay overseas even if the Bank of Japan ends its negative interest rate policy at the monetary policy meeting on 18-19.
Bank of Japan continues to buy government bonds to lift negative interest rates
The Bank of Japan has a policy of continuing certain purchases of government bonds even after the negative interest rate policy is lifted. At the monetary policy meeting to be held on 18-19, it is expected that the abolition of long and short interest rate manipulation (yield curve control, YCC) will also be decided along with the cancellation of negative interest rates, but they are considering leaving a mechanism to suppress the rapid rise in interest rates.
Decarbonization support 200 billion yen Ministry of Economy, Trade and Industry, energy-saving semiconductors, etc.
The Ministry of Economy, Trade, and Industry supports necessary funds from research and development to capital investment for startups in the decarbonization field, such as storage batteries. Currently, it is limited to research and development subsidies, and there was a tendency to run out of funds during the business expansion phase.
Mitsubishi UFJ Trust and Banking's real wage increase of over 9%, the highest since consolidation
$Mitsubishi UFJ Financial Group (8306.JP)$Trust banks will actually implement wage increases of over 9% in the total amount that takes into account promotions, salary increases, and expansion of allowances in 2024 in spring labor-management negotiations. In addition to implementing base increases (bears), employee treatment will be made generous by establishing allowances at the time of transfer, etc.
Mitsubishi UFJ, Dai-ichi Life HD, etc. are doing well, and movements include the cancellation of negative interest rates at the Bank of Japan decision meeting◇
$Mitsubishi UFJ Financial Group (8306.JP)$Megabanks, etc. $Dai-ichi Life Holdings (8750.JP)$Life insurance stocks are generally showing strong movements. Attention is drawn to the results of the Bank of Japan's monetary policy meeting to be held on the schedule of today and tomorrow and the Bank of Japan Governor Ueda Kazuo's press conference after the meeting, but the market has already factored in ahead of time with the view that negative interest rates will be lifted at this meeting.
Distribution source: Bloomberg, Nihon Keizai Shimbun, Traders Web
ー Moo Moo News Japanese stock Evelyn
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182073418 : Wage increases haven't spread to civil servants, have they
ヒロナツ 182073418 : Public servants are being treated too much! Most Japanese companies are small to medium enterprises, and there are many places where this base increase is unrelated. Prime Minister Kishida should go talk to such companies! Don't just hand out money to prepare for the election; it's better to get evicted as soon as possible.
181338057犬心久美子 : Bank of Japan! All small and medium-sized enterprises in Japan cannot raise wages
Please also understand the difficult position on the employer side. What raised your hands and made you an unhappy Japanese citizen
It's the government
カブオソレザン : Inflation continues. Even if wages are raised, only big companies! Small businesses also need to thrive!
花咲か爺さん0812 : Wage increases are good.
That's good, but I'm thinking about the actual situation of small businesses and farmers
The current government has stopped thinking about this issue, no good, no, no, no, this is no good
181338057犬心久美子 花咲か爺さん0812 : I want a dissolution general election, but I can't rely on the opposition party either![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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花咲か爺さん0812 : @Vais Bargoroth To Inukoshin-san
I agree. Maybe it's better to make the prime minister a national referendum system
If that happens, I think it would be a little good for the people regardless of the ruling opposition party.
ヒロナツ : If you look at civil servants from people working in small to medium enterprises, the more they raise their voices, the more bonuses they get, and they get retirement benefits that match the standards of top companies! You're not sweating, are you? I misunderstood it, and there are people who look at it from above... I don't think about payments from our taxes... etc. Even so, since the government is only handing out money, there are people who misunderstand Japan as a rich country. It's ridiculous
they're having a meeting about what to do with interest rates now, but haven't you forgotten that 40 trillion yen will be blown away just by raising interest rates by 1% 
they will issue deficit government bonds, and that it's the most debt-heavy country in the world?