Japan Markets

Japan Markets Highlights — Aug 22, 2026 | Aivina

August 22, 2026

Japanese markets saw the Nikkei 225 experience modest gains, driven by tech, before paring some profits. The Yen strengthened significantly mid-week amidst BOJ policy speculation, later stabilizing. Meanwhile, the BOJ reaffirmed its accommodative stance despite core inflation data exceeding expectations at 2.5%, indicating a cautious approach to future policy adjustments.

Highlights

Macro Overview

Inflation

Japan's May core CPI (ex-fresh food) hit 2.5%, slightly above forecasts. Services inflation remains persistent, supporting the BOJ's target.

Interest Rate Outlook

BOJ maintains easy policy stance. Gradual normalization is anticipated, but no immediate rate hike expected, pending further inflation data.

Risk Sentiment

neutral

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