Economic news(2022/09/02)
U.S. Employment Statistics Employed people in August increased by 315,000 from the previous month, but the unemployment rate worsened
2022-09-02 23:14:00
Last month's U.S. employment report released 315,000 more jobs outside of the agricultural sector than the previous month, slightly above market expectations. On the other hand, the unemployment rate worsened from the previous month, and attention will be paid to how the employment situation will be evaluated as the Fed = Federal Reserve Board, which is the central bank, is proceeding with a significant interest rate hike.
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NY market Yen exchange rate temporarily dropped to the upper half of the 140 yen level against the dollar Receiving employment statistics
2022-09-02 22:49:00
In the New York foreign exchange market on the 2nd, the yen depreciated further, and the yen exchange rate temporarily fell to the upper 140 yen level to the dollar, the lowest level in 24 years. On this day, the US employment statistics released last month showed that the growth in the number of non-agricultural workers slightly exceeded market expectations, while the unemployment rate worsened. I got some movement. However, since then, there have been moves to buy back the yen, and a market insider said, ``Even among investors, the evaluation of the employment situation is divided, and there is a mix of selling and buying.''
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U.S. Employment Statistics Employed in August Increased by 315,000, Slightly Exceeding Market Expectations
2022-09-02 21:41:00
Last month's U.S. employment report released 315,000 more jobs outside of the agricultural sector than the previous month, slightly above market expectations. Meanwhile, the unemployment rate worsened by 0.2 points from the previous month to 3.7%. Attention will be paid to how the Fed (Federal Reserve Board), which is the central bank, will evaluate the employment situation as it raises interest rates significantly to curb inflation.
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Australia moves to restrict LNG exports METI Minister Nishimura requests stable supply
2022-09-02 20:29:00
For Japan, Australia, which is the largest exporter of LNG (liquefied natural gas), is moving to consider export restrictions. We also requested that the supply be continued in a stable manner.
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End of G20 Energy Ministerial Meeting Joint Statement Unable to Conflict with Russia
2022-09-02 20:18:00
The G20 = energy ministers meeting of 20 major countries held in Indonesia has ended. Energy security was the main theme, but it was not possible to compile a joint statement due to conflicts of opinion between the West and Russia.
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Nidec announces resignation of president Seki "to take responsibility for deteriorating performance"
2022-09-02 19:25:00
Nidec Corp., a major electronic component company, has announced that Jun Seki, president of the company, will resign on the 2nd, ``to take responsibility for the deterioration of business performance.'' Mr. Seki succeeded the founder, Shigenobu Nagamori, as CEO last year, but was effectively demoted in April this year.
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Acceleration of yen depreciation was triggered by Powell's speech at 8 minutes and 50 seconds [Economic column]
2022-09-02 19:14:00
The depreciation of the yen is accelerating. In the New York foreign exchange market on the 1st, the yen exchange rate fell to the 140 yen level to the dollar, which was the lowest level in 24 years. The trigger for this was the speech by FRB Chairman Jerome Powell on August 26. Attention was focused on which of the Fed's priorities would be economic considerations or the suppression of inflation, but Chairman Powell showed a strong determination to keep inflation down. We verified how the market received 8 minutes and 50 seconds of Powell's lecture. (Economics Department reporter Koki Nishizono)
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End of G20 Energy Ministerial Meeting Joint Statement Unable to Conflict with Russia
2022-09-02 19:11:00
The G20 = energy ministers meeting of 20 major countries held in Indonesia has ended. Energy security was the main theme, but it was not possible to compile a joint statement due to conflicts of opinion between the West and Russia.
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Beef Tongue Crowd … Yen depreciation level for the first time in 24 years Impact on household budget
2022-09-02 18:31:00
In the Tokyo foreign exchange market on the 2nd, the depreciation of the yen accelerated due to the view that the United States will continue to raise interest rates significantly, and the yen exchange rate fell to the low 140 yen level to the dollar, the lowest level in 24 years. The effects of the weaker yen are appearing in various areas of daily life and business, including food products such as beef tongue and chicken, and IT companies that use overseas cloud services.
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Yen exchange rate falls to the low 140 yen level against the US dollar, the lowest yen level in 24 years
2022-09-02 18:27:00
In the Tokyo foreign exchange market on the 2nd, the depreciation of the yen accelerated due to the view that the United States will continue to raise interest rates significantly, and the yen exchange rate fell to the low 140 yen level to the dollar, the lowest level in 24 years.
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Nidec announces resignation of president Seki "to take responsibility for deteriorating performance"
2022-09-02 17:44:00
Nidec Corp., a major electronic component company, has announced that Jun Seki, president of the company, will resign on the 2nd, ``to take responsibility for the deterioration of business performance.'' Mr. Seki succeeded the founder, Shigenobu Nagamori, as CEO last year, but was effectively demoted in April this year.
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Food stores continue to raise prices in September “Price increases cannot be passed on to prices”
2022-09-02 16:42:00
In response to soaring raw material and energy prices, the prices of foodstuffs that are familiar to our lives are increasing one after another in September. Bento shops with low retail unit prices are struggling to respond, saying that they cannot immediately reflect the increase in the price of bento boxes. Supermarkets have voiced concerns about the impact on management, saying that they cannot fully pass on the sales price.
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Rakuten Mobile illegally embezzled in mobile base station maintenance Disciplinary dismissal of employees
2022-09-02 16:24:00
It turned out that Rakuten Mobile had dismissed this employee on a disciplinary basis, saying that the employee was colluding with a business partner and illegally embezzling money in work related to the maintenance of mobile phone base stations.
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Small price movements in stock prices “Investors pay attention to US employment statistics”
2022-09-02 15:45:00
On the 2nd, the Tokyo stock market and stock prices moved slightly.
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Yen exchange rate Temporarily drops to the low 140 yen level against the US dollar The weak yen level for the first time in 24 years
2022-09-02 14:47:00
In the Tokyo foreign exchange market on the 2nd, the depreciation of the yen further accelerated due to the view that the United States will continue to raise interest rates significantly, and the yen exchange rate temporarily fell to the low 140 yen level to the dollar, the lowest level in 24 years. .
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Finance Minister Suzuki "Assessment with Emphasis on Fiscal Discipline" and "Matter Requests"
2022-09-02 13:22:00
Regarding the budget request for the budget compilation for the next fiscal year and the 5th year of Reiwa, which was closed on the 31st, there were a series of "item requests" that do not indicate the amount in fields such as defense, Minister of Finance Suzuki said at the cabinet meeting on the 2nd. At a later press conference, I emphasized my stance of emphasizing fiscal discipline and wanting to make appropriate assessments.
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G20 Energy Ministerial Meeting Begins Joint Statement Unclear
2022-09-02 12:09:00
The G20 = energy ministers meeting of 20 major countries began in Indonesia on the 2nd, amid concerns about tight supply and demand for natural gas due to Russia's invasion of Ukraine. It is unclear whether a joint statement can be compiled between Europe, the United States, and Russia over energy security.
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Yen exchange rate Temporarily drops to the low 140 yen level against the US dollar The weak yen level for the first time in 24 years
2022-09-02 11:52:00
In the Tokyo foreign exchange market on the 2nd, the depreciation of the yen further accelerated due to the view that the United States will continue to raise interest rates significantly, and the yen exchange rate temporarily fell to the low 140 yen level to the dollar, the lowest level in 24 years. .
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Tokyo market drops to 1 dollar = 140 yen level The weakest yen level for the first time in 24 years
2022-09-02 11:18:00
In the Tokyo foreign exchange market on the 2nd, the yen exchange rate fell to the low 140 yen level against the dollar, the lowest level in 24 years since August 1998.
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Tokyo market drops to 1 dollar = 140 yen level The weakest yen level for the first time in 24 years
2022-09-02 09:14:00
In the Tokyo foreign exchange market on the 2nd, the yen exchange rate fell to the low 140 yen level against the dollar, the lowest level in 24 years since August 1998.
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[Details] Yen exchange rate falls to 1 dollar = 140 yen level for the first time in 24 years
2022-09-02 02:05:00
On the 1st of the New York foreign exchange market, the yen exchange rate dropped to the 140 yen level against the US dollar, marking the lowest level of yen depreciation in 24 years since August 1998. The view that the United States will continue to raise interest rates significantly has spread, further accelerating the depreciation of the yen.
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