Yen Will Extend Slide on Bond-Purchase Uncertainty, Analysts Say [BNN Bloomberg (Canada)]
![BNN Bloomberg](../../../Content/images/providers/BNN Bloomberg.png)
Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG)
US:NYSE Investor Relations:
mizuho-fg.com/investors/index.html
Company Research
Source: BNN Bloomberg
Japan's currency is set to fall beyond 158 per dollar as the outcome of Friday's policy decision was more dovish than markets had expected, according to RBC Capital Markets. At the same time, the BOJ's more measured pace of policy normalization should prove to be a tailwind to stocks, IG Asia said. Here's what analysts and strategists had to say after the BOJ meeting: Tsutomu Soma, a bond and currency trader at Monex Inc. The pace of the BOJ's tightening is expected to be even slower than what the market is expecting, and the central bank seems to be very cautious, spurring yen selling. The yield gap may stay until the Fed delivers its interest-rate cuts, making it difficult to maintain the dollar-long positions versus the yen and that would mean the bias remains for the yen to remain weak. Alvin T. Tan, head of Asia FX strategy at RBC Capital Markets The BOJ's decision was much more dovish than the market expectation for a clear reduction in the bond-buying amount to be an
Show less
Read more
Impact Snapshot
Event Time:
MFG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MFG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MFG alerts
High impacting Mizuho Financial Group, Inc. Sponosred ADR (Japan) news events
Weekly update
A roundup of the hottest topics
MFG
News
- France's First Bond Sale Since Vote Called Draws Healthy Demand [Yahoo! Finance]Yahoo! Finance
- Hedging Versus Yen Rise by Japan's Insurers Falls to Decade Low [Yahoo! Finance]Yahoo! Finance
- Hedging Versus Yen Rise by Japan's Insurers Falls to Decade Low [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Hedging Versus Yen Rise by Japan's Insurers Falls to Decade Low [BNN Bloomberg (Canada)]BNN Bloomberg
- U.S. crude oil rises more than 1%, tops $81 per barrel as rally continues [MSNBC.com]MSNBC.com
MFG
Sec Filings
- 5/28/24 - Form 6-K
- 5/15/24 - Form 6-K
- 5/15/24 - Form 6-K
- MFG's page on the SEC website