A meeting between the Japanese and U.S. financial authorities is scheduled for 1 September, with speculation about foreign exchange intervention and the release of the U.S. ISM Manufacturing Index and JOLTS job openings expected to be the focus. Reports say the market’s reaction is being closely watched.
The focus today is that a meeting between U.S. Treasury Secretary Bessent, Finance Minister Katayama Satsuki (片山さつき) and Bank of Japan Governor Ueda (植田) has been formally scheduled. The manner in which the meeting will be held and the details of any agreement have not been provided in the article, but speculation about foreign exchange intervention is in the background and is said to have the potential to affect developments in the foreign exchange market.
In addition, the U.S. ISM Manufacturing Index and JOLTS job openings are scheduled for release as U.S. economic indicators, with the release time expected to be around 23:00 local time. These data are viewed as having an impact on the dollar and interest-rate outlooks and are being watched by investors.
Other points of focus include market views at the beginning of the month, expectations regarding monetary policy in Japan and the United States, and the market’s reaction to foreign exchange intervention. The article is structured primarily around how these events are conveyed to the market.