report November 12, 2026 BoJ Asada No Longer a Die-Hard Dove He will still vote to hold in December, but he now accepts that rates may need to rise eventually, although at a slow pace... By Takuji Okubo Yen Macro Research
report November 11, 2026 France-Iran: Settling Scores | FX | Muppet of the Day And the winner is...... By Alessio Farhadi Speevr Intelligence
report November 10, 2026 US/Israel-Iran | Tabaar/Vaez: Big Picture (Part 3) | Markets A Conversation With Ali Vaez and Mohammad Ayatollahi Tabaar... By Alessio Farhadi Speevr Intelligence
report November 10, 2026 The BoJ’s Swing Votes Are Splitting Apart I expect a 7–2 hold in December, with a 6–3 split possible if Koeda flips. Consumer spending remains below its May peak, and a sharp drop in Chinese tourists is hurting domestic demand... By Takuji Okubo Yen Macro Research
report November 8, 2026 JGB Yields Have Probably Peaked JGB yields have probably peaked for this cycle. I expect additional BoJ hikes, but none before March 2027, while asset rebalancing back to yen supports JGBs... By Takuji Okubo Yen Macro Research
report November 6, 2026 Tax cut increasingly holds key to Takaichi’s fortunes Opposition pushback and intra-party dissent leave the prime minister solely accountable for consumption tax relief... By Tobias Harris Japan Foresight
report October 30, 2026 BOJ gains room from Takaichi as it judges inflation at target Navigating Japan's Economic Crossroads: Inflation, Rates, and Policy Mix... By Tobias Harris Japan Foresight
report October 30, 2026 BoJs Ueda Keeps Both Doors Open BoJ more than doubled the pace of its ETF sales, a form of tightening in financial condition... By Takuji Okubo Yen Macro Research
report October 28, 2026 Electoral reform deal a broader political win for Takaichi Fractured Foes Pave Takaichi's Path to Power... By Tobias Harris Japan Foresight
report October 28, 2026 Ron Levi | Israel Election Looks like Ron nailed it... By Alessio Farhadi Speevr Intelligence
report October 27, 2026 US/Israel-Iran | Expecting a Positive Headline [+Updates] Something's brewing on the Mecca Pact front...... By Alessio Farhadi Speevr Intelligence
report October 26, 2026 US/Israel-Iran | Azizi/Vaez | Elections (Part 2) Ron Levi: Knesset seat projections. Timing the war... By Alessio Farhadi Speevr Intelligence
report October 26, 2026 am/FX: Brazil, Canada, Yen All eyes on Brazil. The gap lower is stunning. Understandable given the positioning going in. But still, stunning... By Brent Donnelly Spectra Markets
report October 23, 2026 Defense funding debate ramps up with outcome uncertain Beyond the Budget: Japan's Quest for Defense Funding Consensus... By Tobias Harris Japan Foresight
report October 22, 2026 JMA Monthly #1: The Inaugural Issue In this inaugural issue of JMA Monthly, I look at the BoJ’s progress in quantitative tightening and what it means for the JGB market... By Takuji Okubo Yen Macro Research
report October 21, 2026 US/Israel-Iran | OSINT: MOABs & FOABs (Part 1) War-war is better than jaw-jaw, The drumbeat of war gets louder... By Alessio Farhadi Speevr Intelligence
report October 21, 2026 Government seeks smooth passage for tax cut as debate begins Takaichi's Tax Cut: Assured Passage, Uncertain Political Cost... By Tobias Harris Japan Foresight
report October 21, 2026 Higher Rates For Longer Is A Return To Normal But Markets Are Not Priced For Normal – Part 1 and Part 3 Updated Uncovering optimal long and short strategies for the market's new normal... By Alan Brazil SOM Macro Strategies
report October 20, 2026 Yen Repatriation: The Tide Is Turning From 2014 to 2025, Japan bought foreign securities worth about 2% of GDP a year. In 2026 the tide is turning. Banks are selling foreign bonds and capital flow has turned to a small net inflow... By Takuji Okubo Yen Macro Research
report October 15, 2026 BoJ’s Koeda Points to a Longer Hiking Cycle Her potential-growth example implies a neutral rate around 2.8%, above the Bank's published 2.5% ceiling and well above today's 1.25% policy rate... By Takuji Okubo Yen Macro Research
