Despite uncertainties, the stock and bond markets got off to a friendly start in the new year. In the USA, economic data recently surprised on the upside. Is the situation better than the mood?
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Despite uncertainties, the stock and bond markets got off to a friendly start in the new year. In the USA, economic data recently surprised on the upside. Is the situation better than the mood?
Last week, the Japanese central bank made the last major monetary policy decision of 2022, bringing an eventful year to an end – also from a central bank perspective.
Prime Minister Fumio Kishida’s ruling LPD won a resounding victory in the upper house election. With a solid majority, Kishida could now initiate reforms in security and energy policy. In addition, the extremely loose monetary policy that has been in place for years is being put to the test.