Japan October inflation likely eased, exports picked up - Reuters poll [Yahoo! Finance]
Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG)
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Source: Yahoo! Finance
The core consumer price index (CPI), which includes oil products but excludes fresh food prices, was expected to have risen 2.2% in October from a year earlier, from 2.4% growth in September, a poll of 19 economist showed. "The base effect of the government's halving of subsidies for electricity and city gas bills in October last year is expected to show, and growth in energy prices is expected to slow," analysts at SMBC Nikko Securities wrote in their report. The internal affairs ministry will release October CPI data on Nov. 22 at 8:30 a.m. Japan time (Nov. 21 at 2330 GMT). A Reuters poll conducted on Oct. 3-11 showed a very slim majority of economists projecting the Bank of Japan to forgo raising rates again this year at its December meeting, although nearly 90% expect rates to rise by end-March. But the yen has weakened considerably since, hurting households by raising import costs. The poll also showed exports are expected to have risen 2.2% in October from a year earlie
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News
- Tokyo inflation likely accelerated on suspended energy subsidies: Reuters poll [Yahoo! Finance]Yahoo! Finance
- Tokyo inflation likely accelerated on suspended energy subsidies: Reuters poll [Yahoo! Finance Canada]Yahoo! Finance Canada
- Yen, Swaps Traders Left Guessing by BOJ Signals Before Meeting [Yahoo! Finance]Yahoo! Finance
- The Fed is on course to cut interest rates in December, but what happens next is anyone's guess [MSNBC.com]MSNBC.com
- The Fed is on course to cut interest rates in December, but what happens next is anyone's guess [CNBC]CNBC
SMFG
Sec Filings
- 12/5/24 - Form 6-K
- 12/2/24 - Form 6-K
- 11/14/24 - Form 6-K
- SMFG's page on the SEC website