BOJ Watchers' Focus on LDP Election Centers on One Candidate [Yahoo! Finance Canada]
Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG)
US:NYSE Investor Relations:
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Source: Yahoo! Finance Canada
monetary policy implications, with attention focused on a strong advocate of maintaining an easing stance. Most Read from Bloomberg The LDP has a recored nine contenders in a leadership race that will effectively determine the nation's next prime minister, and it's the fate of Sanae Takaichi that BOJ watchers are monitoring. She's made clear she would oppose any further rate hikes by Governor Kazuo Ueda, who was tapped for the job by the outgoing prime minister. “It's stupid to raise rates now,” Takaichi, who currently serves as economic security minister, said Monday on an online program. “Some say a weak yen is terrible, but the merit of a weak yen is great. Takaichi also indicated on a separate program a broader opposition to macroeconomic policy tightening. “This is an extremely vital moment. A tax hike, curbing fiscal spending and monetary policy tightening are forbidden steps,” she said. The comments highlight Takaichi's position as the candidate most aligned with the
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News
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- China Stimulus Hopes Add to Fed Cues as EM Stocks Hit July Highs [BNN Bloomberg (Canada)]BNN Bloomberg
- Ringgit Poised to Sustain Rally After Best Quarter in 50 Years [Yahoo! Finance Canada]Yahoo! Finance Canada
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SMFG
Sec Filings
- 8/14/24 - Form 6-K
- 8/13/24 - Form 13F-HR
- 8/2/24 - Form 6-K
- SMFG's page on the SEC website