Equity Derivatives Broker - Delta One Japan, Vantage Capital Markets Japan

François-Xavier Pustoc'h

Equity Derivatives Broker - Delta One Japan

Independent Financial Broker

Vantage Capital Markets Japan

We provide world class financial solutions to our extensive institutional client base including rapidly growing corporations, leading investment banks, commercial banks, asset managers, private equity funds, family offices and hedge funds.

Our services include capital market offerings and placements, wholesale brokerage and execution of cash and derivative products (both listed and OTC) across a range of asset classes.

VCM has offices in London, Hong Kong, Tokyo and Dubai from where we service our global client base. Our strength lies in the experience and quality of our teams, supported by excellent operations and infrastructure.

Macroeconomics

<ul>
<li>Housing prices are increasing across Japan, especially in big cities</li>
<li>Inflationary pressure on housing rents                                </li>
<li>Transaction volumes in Tokyo and housing starts are slowing down.</li>
</ul>


Housing prices are increasing across Japan, especially in big cities
Inflationary pressure on housing rents                                
Transaction volumes in Tokyo and housing starts are slowing down.


Japan Weekly Economic Data: Housing, Lands, Industrial Constructions

<ul><li>Strong data from Japan Imports (+1.8%) and Exports (+2.8%). BOJ raised its target rate from 0.25% to 0.50% on strong inflation data.</li><li>Manufacturing activity is slowing down.</li><li>Japan Exports came out better than expected at +2.8% vs. 2.4% (survey) whereas the Imports were lower than survey at +1.8% vs. an expected 3.2%.</li></ul>

Strong data from Japan Imports (+1.8%) and Exports (+2.8%). BOJ raised its target rate from 0.25% to 0.50% on strong inflation data.Manufacturing activity is slowing down.Japan Exports came out better than expected at +2.8% vs. 2.4% (survey) whereas the Imports were lower than survey at +1.8% vs. an expected 3.2%.

Japan Weekly Economic Calendar (Jan 23rd – Jan 29th)

<ul><li>Higher Japan Producer Price YoY due to higher energy prices and weak yen.</li><li>Core Machine Orders YoY (+10.3%) and MoM (3.4%) much higher than estimates.</li><li>Industrial Output and Utilization were down in November 2024.</li></ul>

Higher Japan Producer Price YoY due to higher energy prices and weak yen.Core Machine Orders YoY (+10.3%) and MoM (3.4%) much higher than estimates.Industrial Output and Utilization were down in November 2024.

Japan Weekly Economic Calendar (Jan 16th – Jan 22th)

Podcast by J.P. Morgan analysts on global markets, At Any Rate

At Any Rate

Podcast by J.P. Morgan analysts on global markets

Analysts from J.P. Morgan’s Research team take a closer look at the stories behind some of the biggest trends, themes and developments in markets today.

Cross Asset Strategy

<ul>
<li>Global government issuance trends are bearish, with widening deficits and increasing net issuance in major economies</li>
<li>Euro area, UK, and US are all facing significant supply pressures, leading to concerns about term premium and yield curve steepening</li>
<li>Japan is expected to see a slowdown in net issuance, but QT policies will still impact the JGB curve, potentially leading to a flattening bias in 2025.</li>
</ul>
<p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.</em></p>


Global government issuance trends are bearish, with widening deficits and increasing net issuance in major economies
Euro area, UK, and US are all facing significant supply pressures, leading to concerns about term premium and yield curve steepening
Japan is expected to see a slowdown in net issuance, but QT policies will still impact the JGB curve, potentially leading to a flattening bias in 2025.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Global Rates - 2025 Global government issuance outlook

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macro and Geopolitical Research House

Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

<ul><li>Happy Sunday from me! This will be the last update before the festive season, and I hope you will have a relaxed and enjoyable time with your loved ones.</li><li>It has been a big year for me personally with the launch of Asgard-Steno Global Macro.</li><li>Despite Powell pulling the rug from under the Christmas rally, we are off to a decent start and expect to deliver strong returns in choppy markets in 2025, where the macro direction will be challenged by several factors.</li></ul>

Happy Sunday from me! This will be the last update before the festive season, and I hope you will have a relaxed and enjoyable time with your loved ones.It has been a big year for me personally with the launch of Asgard-Steno Global Macro.Despite Powell pulling the rug from under the Christmas rally, we are off to a decent start and expect to deliver strong returns in choppy markets in 2025, where the macro direction will be challenged by several factors.

Steno Signals #177 – Another ill-timed flip-flop from Jay Powell?

Japan

The Japanese yen is the official currency of Japan. 

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

JPY (USDJPY CURNCY)

Japan Weekly Economic Data: Housing, Lands, Industrial Constructions

Housing prices are increasing across Japan, especially in big cities. Inflationary pressure on housing rents. Transaction volumes in Tokyo and...

Vantage Capital Markets Japan

Japan Weekly Economic Calendar (Jan 23rd – Jan 29th)

Strong data from Japan Imports (+1.8%) and Exports (+2.8%). BOJ raised its target rate from 0.25% to 0.50% on strong inflation data.

Vantage Capital Markets Japan

Japan Weekly Economic Calendar (Jan 16th – Jan 22th)

Higher Japan Producer Price YoY due to higher energy prices and weak yen. Core Machine Orders YoY (+10.3%) and MoM (3.4%) much higher than estimates.

Vantage Capital Markets Japan

Global Rates - 2025 Global government issuance outlook

Global Macro Research is predicting government trends and fiscal focus, with euro area and UK budget deficits widening and US Treasury Department...

At Any Rate

Steno Signals #177 – Another ill-timed flip-flop from Jay Powell?

Happy Sunday from me! This will be the last update before the festive season, and I hope you will have a relaxed and enjoyable time with your...

Steno Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)