A bustling night scene of Shibuya Crossing, Tokyo, with vibrant city lights and crowds.

The risk of a Japanese shock on precious metals

The remarks by Diet member Nagahama in favor of a Bank of Japan rate hike to correct the excessive weakness of the yen, combined with the widening divergence between the rise in JGB yields and the inertia of USD/JPY, place Japan on the brink of a macro-financial shift of historic magnitude. Our multi-layered analytical architecture…

07/06/20260Comments

ByOleg Turceac

BoJ Rate Hike Weakens Yen transmission, Damping Bitcoin Volatility

The transmission mechanism Yen strength → USD/JPY depreciation → yen carry trade deleveraging → global liquidity contraction → BTC risk-asset beta spike (~2–3x) remains empirically robust. However, it is significantly attenuated following the BoJ’s fully delivered and well-telegraphed 25 bps hike to 1.0% (highest since 1995) on 16 June 2026. Speculative net-short JPY positions elevated…

06/17/20260Comments

ByOleg Turceac

Comment l’or soutient la nouvelle crypto-monnaie de règlement des BRICS

INTRODUCTION Les pays du BRICS cherchent à se défaire du dollar américain pour leurs transactions internationales, intégrant l'or dans un nouveau mécanisme de règlement. Un projet pilote nommé Unit, une monnaie numérique adossée à l'or, a été lancé en phase de test au sein du bloc BRICS+ (les dix pays) le 31 octobre 2025, avec…

12/30/20250Comments

ByOleg Turceac