SCJ News and Press, iShares MSCI Japan Sm Cap From 08/09/23

2023-08-09 01:35:00 ET Summary Japan, once a dominant player in the global semiconductor industry, is determined to reclaim its leading role. Semiconductor manufacturing has become a mission-critical asset for global powerhouses racing to develop the next generation of artificial ...

2023-08-08 02:00:00 ET Summary The Bank of Japan allowed its 10yr yield to rise, just as the US 10yr yield broke above 4% and the curve started to dis-invert. Was that the causation? We think not. The lowering of the US rate cut discount is the biggest driver. Bigger deficits ...

2023-08-05 08:16:00 ET Summary Everyone will be watching the US inflation report, as the report could help support soft landing hopes and seal the deal for some that the Fed is done raising rates. Fed speak will also include appearances by Bostic and Bowman on Monday. The Augu...

2023-08-02 23:43:00 ET Summary The JPMorgan Global Manufacturing Purchasing Managers' Index compiled by S&P Global, held steady at 48.7 in July. Leading the weakness of global production was an intensification of the recent downturn in global goods trade. In this environme...

2023-08-02 14:40:00 ET Summary Average prices charged by factories for their goods fell worldwide for a third month in a row in July. Manufacturing output prices - average charges levied for goods leaving the factory gate - fell worldwide for a third month running in July. Of ...

2023-08-02 06:45:00 ET Summary Late yesterday, on the eve of the quarterly refunding announcement, Fitch cut the US rating to AA+ from AAA, citing project fiscal deterioration over the next few years and "the erosion of governance". The dollar has retraced yesterday's gains agains...

2023-08-02 06:30:00 ET Summary The BoJ is playing a tactical game here, injecting an element of uncertainty into the markets. In the context of the US Treasury market, the impact is equally as complex. The BoJ’s policy twists and turns could have noteworthy implications...

2023-08-01 05:05:00 ET Summary The BoJ announced a change in its yield curve control (YCC) policy, which has been in effect for seven years. The bank’s policy has kept the 10y JGB rate at zero and its base rate at -0.1% at a time when other central banks have been raising i...

2023-08-01 04:30:00 ET Summary The BOJ now has to try to slowly normalize monetary policy. The yen was the original carry trade currency. China is a bigger export market for Japan than the U.S. Zero Interest Rate Policy (ZIRP) and quantitative easing (QE) - the two m...

2023-08-01 02:25:00 ET Summary Central banks: The economies of the US, eurozone and Japan are all in different places, which means central banks must tailor their policies accordingly. Earnings season: The overall statistics have been relatively good so far, but it’s been o...