Japan Inflation Cools in June, Eases Pressure on Central Bank

MT NewswiresJul 18 17:14

Decision analysis: Major events in Japanese politics are approaching this weekend! Two bullish factors are stimulating market sentiment, and the yen is increasingly nearing the 150 mark.

Asian stock markets rose on Friday (July 18) following Wall Street, as strong U.S. economic data and good corporate earnings overshadowed tariff concerns, while the yen weakened for the second consecutive week ahead of the Japanese Senate election.

FX168Jul 18 16:46

Express News | Hong Kong Monetary Authority: Composite Interest Rate Falls by 35 Basis Points Month-on-Month at End of June

BreakingsJul 18 16:42

The "earthquake" in Japanese politics may trigger a stock, currency, and debt crisis! The global market continues to "ignore gravity," and Waller reiterates that interest rates should be cut in July.

Boosted by positive economic signals, Wall Street hit new highs, leading most Asian markets to follow with gains on Friday (July 28), with European stocks also expected to continue their upward trend, although the Japanese election poses a risk.

FX168Jul 18 15:47

The rice crisis has eased, Japan's inflation cooled in June, and the core CPI fell to 3.3%.

In June, Japan's rice prices increased by 100.2% year-on-year, prompting June's CPI to fall from a 29-month high, yet it has still exceeded the central bank's 2% target for the 39th consecutive month. The 'core-core' CPI, which is of greater concern to the Bank of Japan, actually rose to 3.4%, indicating that underlying inflationary pressures still exist.

wallstreetcnJul 18 15:05

The election shockwave is approaching! The Japanese government bond and yen markets are on high alert.

Japan is about to face its most influential Senate election in recent years, and the ruling coalition led by Prime Minister Shigeru Ishiba may face defeat. In the face of a historic sell-off of the country's national debt, investors are assessing whether the downturn will continue to spread.

Zhitong FinanceJul 18 14:55