2 July 2024

Howe Street Reporter Title

Tag: Japan

  • Japanese $62 billion currency intervention FAILS

    Japanese $62 billion currency intervention FAILS

    After months of speculation from currency traders, the Bank of Japan confirmed that they did a currency intervention to strengthen the falling Japanese Yen. The Bank of Japan confirmed its first currency intervention since 2022 with $62 billion being used to prop the Yen between April 26th 2024 and May 29th 2024. Here was the…

  • Bank of Japan raises interest rates for the first time in 17 years

    Bank of Japan raises interest rates for the first time in 17 years

    By gawd they did it. They actually did it. The Bank of Japan (BOJ) has finally raised interest rates for the first time in 17 years. Ending the world’s only negative rates regime. Truly a historic pivot. The BOJ raised its short-term interest rates to around 0% to 0.1% from -0.1%. The BOJ also announced…

  • Why I am buying Japan

    Why I am buying Japan

    So I feel validated, folks. Regular readers know that I have been covering Japan, and what I believe is a great opportunity for investors. Yes you heard that right. Japan is a great opportunity in 2024. Last weekend, we had the Vancouver Resource Investment Conference. The final panel was about major investment opportunities. I heard…

  • Bank of Japan tweaks yield curve control policy!

    Bank of Japan tweaks yield curve control policy!

    Japan has been on investor’s radars recently. It all began with Warren Buffett, who has increased his holdings in Japanese trading houses, known as the Sogo Shosha. Whatever the Oracle of Omaha does tends to generate a lot of interest from institutions. And you cannot blame them. Buffett has quite the track record, some saying…

  • Japan’s Nikkei near 20 month highs, closes above 30,000

    Japan’s Nikkei near 20 month highs, closes above 30,000

    While US stock markets, European stock markets, and many other Asian stock markets continue to chop around and range, one market in Asia is on a tear. Japan is drawing in investor money and it really all began with the Oracle of Omaha, Warren Buffett. I recently gave my thoughts and technical levels on Japan…

  • Yensanity! Why the Bank of Japan matters!

    Yensanity! Why the Bank of Japan matters!

    Months ago, I warned readers that the Bank of Japan is the most important central bank to be watching. I even did a video explaining why every trader must be watching the Bank of Japan (BoJ). Nobody really cared much about the BoJ since their monetary policy meetings never changed. But things could be changing.…

  • Stocks to Watch: Lexaria Bioscience (LEXX.Q) sees gains

    Stocks to Watch: Lexaria Bioscience (LEXX.Q) sees gains

    Special Delivery Lexaria Bioscience Corp. (LEXX.Q) is a biotechnology company developing DehydraTECH™, the Company’s proprietary drug delivery technology. In addition to enhancing the speed and efficiency of orally-delivered drugs, DehydraTECH has demonstrated effectiveness in improving delivery through human skin for the potential development of topically-administered products such as patches. Through various animal studies evaluating the quantity…

  • Stock markets are scary, but this market truly is frightening!

    Stock markets are scary, but this market truly is frightening!

    Stock markets are looking scary, but the debt markets are truly worrying. Before we get to the instability in debt, and what that means, let’s breakdown what is affecting markets. Not a surprise that inflation numbers came out higher than expected. Peak inflation narrative is quickly becoming the new transitory inflation. You will hear this…