英镑/日元 (GBPJPY) 加自选

日元兑美元汇率短暂升值超过154，从34年低点略有反弹，因为日本央行行长上田一夫表示，如果日元疲软导致进口成本上升导致价格持续上涨，央行可能会再次加息。他补充说，日本央行将在下周政策会议上公布的季度增长和价格预测中显示日元贬值对经济的影响。在美国、日本和韩国的高级财政官员同意在本周的会议上就外汇市场进行协调后，对当局干预的担忧也为日元提供了一些支持。尽管如此，日本央行董事会成员野口朝日表示，未来政策调整的步伐预计将缓慢，无法与最近紧缩周期中的其他主要央行相比，因此日本货币仍接近34年低点。与此同时，强劲的美国数据和美联储的鹰派评论推高了美元。

The Japanese yen briefly appreciated past 154 per dollar, rebounding slightly from 34-year lows as Bank of Japan Governor Kazuo Ueda said that the central bank may raise interest rates again if the yen’s weakness leads to sustained price increases through higher import costs. He added that the BOJ will show in its quarterly growth and price projections due at its policy meeting next week how the yen’s depreciation has affected the economy. Fears of intervention from authorities also provided the yen some support after top finance officials from the US, Japan and South Korea agreed to coordinate on foreign exchange markets during their meeting this week. Still, Japan’s currency remained close to 34-year lows as BOJ board member Asahi Noguchi said that the pace of future policy adjustment is expected to be slow and cannot be compared to that of other major central banks in the recent tightening cycle. Meanwhile, strong US data and hawkish Fed commentary pushed up the dollar.

周五，日经225指数下跌2%，至37300点以下的两个月低点，东证指数下跌1.6%，至2635点的一个月低点。由于美联储官员的鹰派言论进一步削弱了人们对降息的情绪，日本股市在华尔街又一个交易日表现疲软。明尼阿波利斯联储主席尼尔·卡什卡利呼吁对降息保持耐心，称第一步可能要到2025年才能实施。在日本，数据显示，总体通胀率从2月份的3.8%小幅降至3月份的3.7%，而核心通胀率放缓至2.6%，超出预期。科技股领跌，东京电子（-5.7%）、迪斯科公司（-5.6%）和Socionext（-6.1%）大幅下跌。其他所有板块均下跌，包括权重股汽车、零售和工业股。日经指数和东证指数本周将分别下跌5.8%和4.4%。

The Nikkei 225 Index dropped 2% to 2-month lows below 37,300 while the broader Topix Index tumbled 1.6% to a 1-month low of 2,635 on Friday, with Japanese shares tracking another weak session on Wall Street as hawkish commentary from Federal Reserve officials further dented sentiment around interest rate cuts. Minneapolis Fed President Neel Kashkari called for patience in rate reductions, saying the first move may not take place until 2025. In Japan, data showed that the headline inflation rate edged lower to 3.7% in March from 3.8% in February, while the core inflation rate slowed more than expected to 2.6%. Technology stocks led the selloff, with sharp losses from Tokyo Electron (-5.7%), Disco Corp (-5.6%) and Socionext (-6.1%). All other sectors declined, including heavyweight auto, retail and industrial stocks. The Nikkei and Topix indexes are on track to lose 5.8% and 4.4%, respectively, this week.

2024年3月，日本核心消费者价格指数（不包括新鲜食品，但包括燃料成本）年环比上涨2.6%，低于2月2.8%的四个月高点，低于2.7%的预测。减速是由于食品价格温和上涨，但由于日元疲软和大宗商品价格高企，价格仍高于日本央行2%的目标。目前，日本的核心通胀率已连续24个月达到或高于日本央行2%的目标。央行在3月份改变了货币政策，自2007年以来首次加息，并在工资上涨和高通胀的情况下结束了八年的负利率。然而，日本央行预计将在一段时间内保持宽松，董事会成员野口朝日表示，未来政策调整的步伐预计将缓慢，无法与最近紧缩周期中的其他主要央行相比。

The core consumer price index in Japan, which excludes fresh food but includes fuel costs, rose 2.6% YoY in March 2024, slowing from a four-month high of 2.8% in February and coming in below forecasts of 2.7%. The deceleration came due to mild rises in food prices, but stayed above the Bank of Japan’s 2% target due to the yen’s weakness and high commodity prices. Japan’s core inflation print has now been at or above the Bank of Japan’s 2% target for 24 consecutive months now. The central bank shifted monetary policy in March, raising interest rates for the first time since 2007 and ending eight years of negative interest rates amid rising wages and high inflation. However, the BOJ is expected to remain accommodative for some time, with board member Asahi Noguchi saying that the pace of future policy adjustment is expected to be slow and cannot be compared to that of other major central banks in the recent tightening cycle.

2024年3月，日本食品价格同比上涨4.8%，与上月持平。尽管这标志着食品通胀连续第31个月出现，但最新结果仍是2022年9月以来的最低值。

Food prices in Japan rose by 4.8% from a year earlier in March 2024, the same as in the previous month. While marking the 31st straight month of food inflation, the latest result remained the lowest since September 2022.