EWJV News and Press, iShares MSCI Japan Value ETF From 01/07/23

Summary Global government bond yields surged in December amid a flurry of central bank decisions, speculation about the future direction of monetary policy, and slower economic growth. At its December meeting, the European Central Bank raised rates by 50 basis points to bring the deposi...

Summary Global equities closed out their worst year since the 2008 financial crisis as central banks launched increasingly aggressive efforts to bring rampant inflation under control. Much of the US’s underperformance versus its peers is an outgrowth of its much larger exposure t...

Summary The upsides to falling demand and spare capacity were fewer supply constraints and a further marked moderation of price pressures. While Japan's factory output downturn likewise moderated slightly, it remained among the sharpest witnessed over the past decade. Future output ...

Summary We expect 2023 to be a year of transition, with gradual fading of price pressures allowing policymakers and market participants to take a more balanced approach to assessing growth and inflation dynamics. The near-term outlook calls for more of the same: high inflation and rate ...

Summary The Bank of Japan shocked the market by increasing the band on their Yield Curve Control policy. The policy change was necessary because the BOJ has maintained an accommodative monetary policy despite surging inflation and a weakening yen. The policy change has not had the d...

Summary There were ample causes for this global downdraft in equity markets. Global equity markets look likely to face a global recession in 2023, which appears to have already begun in the final quarter of 2022. Equity markets will face a tough global environment in 2023, particula...

Summary An announcement made by the Bank of Japan (BOJ) to modify its so-called Yield Curve Control framework immediately created havoc in the currency markets. When all is said and done, the BOJ will be the buyer of this debt. New data shows that the share of Japanese government bonds ...

Summary The Bank of Japan announced on December 19 that it would widen the upper-bound target for the 10-year JGB yield, to 0.5% from 0.25%. This somewhat sudden move raises some key questions. We believe the surprise bump in Japanese yields may somewhat dent the BOJ’s own ba...

Summary Nobody knows which of the many threats and opportunities out there, known and unknown, are going to be the ones that matter and which way they will drive asset prices. Making a prediction forces us to organize many strands of disparate and often contradictory information into a ...

Summary Much of Wall Street will be taking off this week. It will be a week filled with lots of economic readings. There will be no earnings and no Fed speak. By Ed Moya US Thin trading conditions could persist as much of Wall Street will be taking off th...