Silver as an investment

Category Archives: Shinz? Abe

Trump Says Trade With Japan Is Not Fair And Not Open – Awkward Moments Ensue

The first stage of Donald Trump’s five-nation tour of Asia began well with the President playing golf with Prime Minister, Shinzo Abe, describing their relationship as “really extraordinary”. This suggested progress following the awkward moment during their previous meeting in February 2017. Abe was the first foreign leader Trump met after his election victory and […]

Exit Polls Project Sweeping Victory, Supermajority For Japan’s Abe

As widely expected, Japan Prime Minister Abe’s ruling coalition is set for a sweeping victory in Sunday’s general election, and may retain the two-thirds parliamentary majority needed to revise Japan’s constitution, according to an NHK exit poll. Shortly after polls closed at 8pm, an NHK exit poll showed that Abe’s Liberal Democratic Party and coalition […]

Stocks Hit New Record Highs, Dollar Jumps On Senate Vote; Japan Has Longest Winning Streak In History

Global stocks hit new all time highs overnight, with US stock-index futures, Asian and European stocks all rising overnight after the Senate adopted a fiscal 2018 budget resolution, paving the way for Trump’s $1.5 trillion in tax cuts, while news that “dove” Jay Powell may be the next Fed chair added to the risk-on sentiment. […]

North Korea Fires ICBM Missile; Flies 45 Minutes, Lands In Japan Waters

Perhaps sensing that Trump is rather vulnerable right now, and confirming reports from two days ago that an ICBM launch is imminent, moments ago Japan’s NHK reported that North Korea has fired “what appears to be a missile”, which Kyodo has since classified as an ICBM, which landed in Japan’s exclusive economic zone. The Pentagon, […]

Abe’s Days Numbered? DB Warns Japan PM “May Be Forced Out” Leading To Spike In Yields

Almost exactly ten years ago, on September 12, 2007 Japan’s current prime minister Shinzo Abe resigned less than a year into a tenure dogged by scandals, the suicide of a minister, a raft of resignations and corruption allegations, and a humiliating election drubbing for his Liberal Democratic Party. Never one to shrink away from resposibility, […]

Abe’s Party Suffers “Historic Defeat” In Tokyo Elections, USDJPY Slides

On Sunday Japanese PM Shinzo Abe’s Liberal Democratic Party suffered what Reuters called a “historic defeat” in the Tokyo assembly election, losing to an upstart outfit in an vote that is seen as a harbinger for Japan’s national elections, and signaling trouble ahead for the premier who has suffered from slumping support after a series […]

Japanese Wages Fall At Fastest Pace In 2 Years; Kuroda Admits His Job Is “Challenging”

Buying stocks, bonds, and generally printing money willy-nilly is hard work according to BoJ Governor Kuroda who remarked tonight that “the job of a central banker is challenging.” Perhaps the reason for his emotional outburst is the fact that Japanese wages just plunged in March – the biggest drop since June 2015 as the economic […]

Immigrants Flood Into Japan At A Record Pace

Japan’s demographic “time-bomb” has been widely documented in recent years: as we discussed most recently in February, as troubling as Japan’s deflationary economic quagmire is, the biggest threat facing Japan has little to do with its balance sheet and everything to do with its demographics, for the simple reason that not only is Japan’s population […]

“We Need To Prepare Umbrellas For A Rainy Day”: Japan Gears Up For Trade War

While so far Trump’s trade focus was fallen mostly on Nafta countries, and to a lesser extent China, one country that is taking precautionary steps is the one which recently suffered a major loss when Trump signed an executive order to exit the TPP, effectively killing the trade deal: Japan. The TPP, which took years […]

As TPP Dies, Asian Nations Salute Their New “Free Trade” Leader: China

Over the weekend we reported that as Obama was speaking at the APEC summit in Peru, hoping to salvage his global trade legacy, the TPP, China’s President Xi Jinping officially called for the launch of the Free Trade Area of Asia-Pacific for “institutional guarantee of open economy”, a move many had expected would take place […]