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The G20 has reiterated its pledge to keep exchange rates aligned with economic fundamentals, a move intended to calm global financial markets. The statement follows a meeting of finance ministers and central bank governors and underscores the group's commitment to avoiding competitive devaluations and enhancing policy coordination.
Japan's top government spokesperson said on August 25 that the country is 'closely monitoring' developments in the bond market amid global interest rate concerns. The statement reflects Tokyo's caution over recent movements in Japanese government bond yields and signals a readiness for potential policy responses.
Japan is estimated to have spent ¥6–7 trillion on currency intervention to support the yen amid sharp depreciation. The move is seen as one of the largest of its kind, though the finance ministry has yet to confirm official figures. Analysts warn further action may be needed if the yen continues to weaken.
Canada's annual inflation rate hit 3.2% in May, a 29-month high, fueled by a 33.2% surge in gasoline prices. The rate breached the Bank of Canada's 1-3% target range for the first time in nearly two and a half years. Economists expect May to be a peak as a U.S.-Iran peace deal is set to lower oil prices in June.
Japan posted a trade deficit of 378.6 billion yen in May, the third straight month in the red. Exports rose modestly, but a weak yen and surging energy import costs drove the shortfall.
On June 8, 2026, Japan's Nikkei index surged over 4% to set a new intraday record high. Positive macroeconomic data spurred investor optimism, with technology, manufacturing, and financial stocks leading the rally. The milestone reflects strong recovery momentum in Japan's financial markets.
Japan posted a trade surplus of ¥301.9 billion (about $1.9 billion) in April, government data showed Thursday. The surplus signals improving international trade activity, though no specific drivers were detailed.
Prime Minister Sanae Takaichi pledged on May 14 to limit bond issuance as the Japanese government drafts a supplementary budget to support households affected by the Middle East crisis. She emphasized fiscal discipline and protecting future generations from higher debt burdens.
