Japan Macro Brief | Japan’s Term Premium Repricing Between Policy Exit and Oil Shocks
Abstract Japan’s bond market is undergoing a structural transition from central bank-driven pricing to market-driven pricing. The core driver of […]
Japan Macro Brief | From Dependence to Diversification: The Hormuz Shock and the Reshaping of Japan’s Crude Import Structure
Abstract In the first quarter of 2026, the escalation of the U.S.-Iran conflict plunged the Strait of Hormuz—into a blockade
Japan Macro Brief | Oil Shocks, Fiscal Intervention, and the BOJ’s Policy Dilemma
Japan’s macroeconomic landscape is increasingly shaped by the interaction between external commodity shocks, fiscal intervention, and domestic inflation dynamics. These