高市早苗扩张性财政政策加剧日元贬值担忧 美元兑日元汇率重新站上153

Group 1 - The Japanese yen continues to weaken, being the worst performer among G10 currencies, with the USD/JPY exchange rate surpassing 153, reflecting a cumulative depreciation of approximately 1.5% this week, more than double the decline of other G10 currencies [1] - Newly appointed Prime Minister Sanna Takashi is expected to implement a "strategic and responsible" expansionary fiscal policy, potentially leading to "Abenomics 2.0" to revitalize Japan's sluggish economic growth [3] - The anticipated spending plan under Takashi is expected to exceed the previous 13.9 trillion yen proposal by former Prime Minister Shigeru Ishiba, indicating a significant increase in fiscal stimulus [3] Group 2 - Takashi's stance on fiscal stimulus has led to new highs in the Japanese stock market, although it exerts pressure on the yen and Japanese government bonds, which saw a slight increase as no significant bond issuance was mentioned [3] - The new Finance Minister Satsuki Katayama hinted at the possibility of issuing additional government bonds if existing resources are insufficient to fund Takashi's economic plans, indicating a reliance on higher-than-expected tax revenues and unused budget funds [4] - Market participants are closely monitoring the monetary policy outlook for both Japan and the US, with upcoming discussions on interest rates by both central banks, particularly focusing on the US CPI data and the Bank of Japan's policy meeting [4]