Recent market analyses indicate that a reassessment of the Bank of Japan’s (BOJ) government bond purchase program is essential amid evolving global economic trends. According to senior figures from leading Japanese financial institutions, including Mizuho Financial Group $8411.T, accelerating the tapering of asset purchases could provide the central bank with the flexibility to adjust its strategy, especially if the pace of interest rate hikes slows down.
On Monday, the Japanese yen and Swiss franc strengthened against major currencies amidst a massive sell-off in technology stocks. This movement came as markets assessed the impact of a new open-source artificial intelligence model launched by the Chinese startup DeepSeek.