The Bank of Japan (BoJ) published its Financial System Report on Wednesday, noting that “Japan's financial system has been maintaining stability on the whole.”

Additional takeaways

  • Financial institutions need to be vigilant against materialization of various risks.
  • Since the beginning of April, financial markets at home and abroad have fluctuated significantly.
  • Considering that Japanese banks have a certain amount of market risk associated with stockholdings, developments in asset prices warrant attention.

Market reaction

At the time of writing, USD/JPY is up 0.10% on the day at 141.70.

Source: Fxstreet