BoJ Financial System Report: Japan’s financial system has been maintaining stability on the whole
|The latest Bank of Japan (BoJ) Financial System Report published on Friday revealed that “Japan's financial system has been maintaining stability on the whole.”
Additional quotes
Japanese banks have sufficient capital bases to perform financial intermediation activities appropriately even amid the global tightening of financial conditions and the resultant various types of stress.
However, vigilance against tail risks continues to be warranted.
The period of stress may be prolonged further with continuing monetary tightening by central banks and the resultant concerns about a slowdown in foreign economies.
Market reaction
At the press time, USD/JPY is keeping its range play intact just below 150.00, modestly higher on the day.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.