Low impact

A BoJ survey released Thursday showed corporate loan demand at major Japanese banks increased compared to three months earlier, reinforcing market expectations the BoJ will raise its 1.25% policy rate further at next week's meeting; Oxford Economics' Shigeto Nagai said resilience to higher rates could allow hikes beyond 1.75%.

Jin1010/22, 02:29 PM

Market impact

Which way this story pushes each asset. An inference from the story, not a measured move.

JPY
Would push up
DaysMedium confidence
Firmer BoJ hike expectations could narrow the US-Japan yield gap, supporting the yen.

What could change this

If the BoJ holds rates next week despite the survey, the hike-expectation support for the yen would fade.

156.863+0.07%vs previous close

-0.19%

since this story

Measured from the price when this story was posted to the latest stored price, so it can lag the live price.

This story

10/15, 04:00 AMNow