Top newsReal yield headwinds blow, and the dollar and yen reach the 150 yen range due to continued easing by the Bank of JapanThe real yield gap between Japan and the US has reached a record high, and the yen exchange rate continues to fall towards the 1 dollar = 150 yen range. Even after adjusting yield curve control (long and short interest rate operation, YCC), the Bank of Japan's accommodative monetary policy was highlighted.
Real imports and exports in August fall for the first time in 3 months Bank of Japan announcedAccording to real import and export trends announced by the Bank of Japan, the real export index (seasonally adjusted, 2020 = 100) for August was 109.7, and the real import index was 103.7, both of which began to decline for the first time in 3 months. Real exports increased from June to July due to a reaction from ships, etc., and the weakening of the Chinese economy seems to have had an impact.
Notable stocksRenault and Nissan change purchases to project units - joint organization reviewRenault, a major French automobile company
$Nissan Motor (7201.JP)$will stop purchasing through joint organizations and change to a procurement method for each project. After reaching a broad agreement in reviewing the alliance, it is suggested that the two companies are strengthening their unique colors.
Isuzu keeps in mind the 2024 problem of trucks that can be driven with a regular license $Isuzu Motors (7202.JP)$On the 27th, it was revealed that small diesel trucks that can be driven with a regular license will go on sale by the summer of 2024. The total vehicle weight was reduced to less than 3.5 tons, which is a requirement for an ordinary license. As the “2024 issue,” where regulations on drivers' working hours are being strengthened, is approaching, we will make it easier to secure human resources by making it possible even for people with only regular licenses to drive.
Rakuten Bank - A miscalculation of the drastic short and cheap sales trend is conveyed that jet engines are skyrocketing today's sales advantage $Rakuten Bank (5838.JP)$is drastically cheaper. Bloomberg News Agency reported on the 27th that there is a view that supply and demand factors involving hedge funds spurred a sharp rise in stock prices for the company's stock.
NEC-Backlash received an order for a data utilization platform to support the promotion of data-driven management, etc. from Mizuno $NEC (6701.JP)$There was a backlash. The company said on the 27th
$Mizuno (8022.JP)$It was announced that they have received an order for the construction of a data utilization infrastructure to support the promotion of data-driven management, etc.
Yaskawa Electric made a positive transition, and it is conveyed that the People's Bank of China will implement “accurate and strong” policies to support economic recovery◇ $YASKAWA Electric (6506.JP)$It turned positive after a good morning. On this day, it was reported that the People's Bank of China indicated a policy to maintain the exchange rate at an appropriate level and stated that it would implement an accurate and strong monetary policy to support economic recovery.
Distributors: Bloomberg, Nihon Keizai Shimbun, Traders Web, MINKABU
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