report September 21, 2026 Mrs Watanabe No More Speculative FX trading was the key feature of Japanese retail investors. No more. Buy-and-hold strategy has become is mainstay. I explain the arc of Japanese retail investors over the last 5 decades... By Takuji Okubo Japan Macro Advisors
report September 18, 2026 Ueda remains true to himself Ueda's unwavering caution guides Japan's monetary policy... By Tobias Harris Japan Foresight
report September 18, 2026 BoJ Ueda: Virtually no chance of an October hike Governor Ueda forcefully guides down market expectations for immediate rate increases... By Takuji Okubo Japan Macro Advisors
report September 17, 2026 Reshuffle signals policy continuity and subtle political shifts Cabinet Stability Meets Leadership Ambitions... By Tobias Harris Japan Foresight
report September 13, 2026 BoJ Preview: September Hike, Then Patience BoJ's September hike is imminent, but expect a prolonged pause, with Masu Kazuyuki emerging as a surprising moderate... By Takuji Okubo Japan Macro Advisors
report September 10, 2026 Yen Repatriation Starts with the Whale GPIF, one of the largest national pension funds in the world, is likely to rebalance its assets from non-yen bonds to yen bonds, signaling a big turn in Japan's cross-border capital flows.... By Takuji Okubo Japan Macro Advisors
report September 9, 2026 State of exception Beyond the 'Bessent Put': Japan's Fiscal Reality Check... By Tobias Harris Japan Foresight
report September 7, 2026 Spectra Markets | am/FX: Yen update I think we get another big wave down -- to 152ish in USDJPY and 177ish in EURJPY -- and then I will go to neutral on the yen.... By Brent Donnelly Spectra Markets
report September 4, 2026 Little clarity in the initial 2027 budget numbers Japan's Budgetary Fog: New Frameworks, Old Questions... By Tobias Harris Japan Foresight
report September 4, 2026 Using PSI to predict the next BoJ policy decision BoJ will decide its policy on September 18. In this article, I read each board member through Policy Stance Indicator and explain the likely outcome, 7-2 for hike.... By Takuji Okubo Japan Macro Advisors
