DFJ News and Press, WisdomTree Japan SmallCap Fund From 03/21/24

2024-03-21 02:55:00 ET Summary Japan's private sector picked up growth momentum into the end of the first quarter, according to flash PMI data. This was attributed mainly to faster service sector expansion, though manufacturing output also declined at a slower rate in March. A...

2024-03-21 01:45:00 ET Summary On Tuesday, March 19, the Bank of Japan (BOJ) raised their policy rate for the first time since 2007 by 10 bps to a range of 0 to 0.1%. We think the Fed could cut 2-3 times (0.25% each) in the back half of this year, which is in line with both market...

2024-03-20 12:20:30 ET Summary Kazuo Ueda becomes Governor of the Bank of Japan, continuing the loose monetary policies implemented by his predecessor. The BOJ raises short rates from -0.1% to 0.1%, becoming the last central bank to exit a Negative Interest Rate Policy. Wage h...

2024-03-20 07:30:00 ET Summary Tight labour markets make reducing inflation a challenge for central banks. Goods inflation has collapsed, after demand switched to services after Covid, helped by near full employment. The bear inversion of the yield curve has prevailed in 2023,...

2024-03-20 06:05:00 ET Summary "Abenomics," an ambitious economic plan created by late prime minister Shinzo Abe, laid the groundwork for today's Japanese stock rally. Today, I think it's fair to say that Japan is realizing much of Abe's vision, as structural reforms appear to be ...

2024-03-20 06:01:00 ET Summary The Bank of Japan raised interest rates for the first time since 2007 and has eliminated the yield curve control framework. According to the central bank, the virtuous cycle between wages and prices was assessed to have come into sight, bringing the ...

2024-03-19 14:30:00 ET Summary The Bank of Japan has now ended decades of unconventional and aggressive monetary easing. Strong wage negotiation results played a crucial role in today's move. The market's immediate reaction was rather disappointing as the BoJ pledged to mainta...

2024-03-19 06:32:13 ET It took nearly a decade, but the Bank of Japan has finally called time on negative interest rates . It's even more notable when zooming out, as the BOJ hasn't raised rates in almost 17 years. Giving investors some more to chew on overnight, the central bank w...

2024-03-18 20:32:44 ET Summary The WisdomTree Japan SmallCap Dividend Fund ETF provides exposure to Japanese small-cap companies that pay regular dividends. DFJ has consistently distributed dividends around 2.5% over the last five years, indicating sustainability and potential for...

2024-03-18 12:05:00 ET Summary Markets see a positive near-term macro and corporate backdrop for the U.S. and Japan. We eye risks ahead but remain overweight stocks in both countries. U.S. stocks were largely flat last week after hotter-than-expected inflation data. Both 10-year U...