FJP News and Press, First Trust Japan AlphaDEX Fund From 03/27/24

2024-03-27 01:05:00 ET Summary The BOJ’s decision to end negative interest rates is turning out to be a “best possible scenario,” in my view, representing a vote of confidence in the Japanese economy but with extremely gentle normalization in the offing. SNB b...

2024-03-26 00:45:00 ET Summary We see falling inflation, nearing interest rate cuts and solid corporate earnings supporting cheery risk sentiment. We tweak our tactical views and stay pro-risk. U.S. stocks hit record highs last week and 10-year yields fell as the Fed stuck with pl...

2024-03-23 05:59:45 ET Summary It's a challenge to have confidence that Powell and the Fed have a sound understanding of the nature of second round inflation effects. With market exuberance running sky-high, it's not the optimal environment for reinforcing the notion of a Fed cock...

2024-03-23 03:00:00 ET Summary In the ever-evolving tapestry of geopolitics and economics, the Asia-Pacific region stands at a pivotal juncture. Wei Li, Global Chief Investment Strategist for BlackRock, discusses the intricacies of high inflation, emerging competing geopolitical b...

2024-03-23 01:40:00 ET Summary The Bank of Japan’s historic move to end the country’s negative interest rate policy after nearly two decades triggered a jolt upward to new all-time highs for gold against the yen. The BoJ announced it will now hold short-term rates at...

2024-03-21 07:10:00 ET Summary In a significant policy shift, the Bank of Japan announced an end to its negative interest rate policy on Monday, marking a significant change in monetary policy. The BoJ has set a new policy rate range of 0% to 0.1%, moving up from a -0.1% short-ter...

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,...