Container Market Report, November 2022
On November 2nd, the Federal Reserve Board (FRB) decided to raise interest rates by 0.75%, the fourth consecutive 0.75% rate hike since June, bringing the rate hike since the lifting …
Container Market Report, October 2022
According to the September employment statistics released by the U.S. Department of Labor on October 7th, the number of nonfarm payrolls increased by 263,000 from the previous month, but the …
Container Market Report, September 2022
BOJ Governor Kuroda must be feeling as if he is sitting on a bed of thorns every day. Currently, the yen is weakening even more sharply, at $1.00=Yen 144, and …
Container Market Report, August 2022
I would like to speak out against Mr. Kuroda, the Governor of Bank of Japan. While other countries are raising interest rates to counter inflation, I hope that impolitic “zero …
Container Market Report, July 2022
Last October, the Kishida Cabinet was inaugurated. Prime Minister Fumio Kishida is a very fortunate man. He has been ridiculed as “Mr. Considering” because of the slowness of his decision …
Container Market Report, June 2022
The Japanese yen hit $1.00=¥134 on June 8th, the weakest in 20 years since April 2002. The yen has depreciated by 19% or 21 yen in six months from $1.00=¥113 …
Container Market Report, May 2022
Russia’s invasion of Ukraine is flagrant. The words and actions of Russian President Vladimir Putin are out of the ordinary. We cannot overlook the fact that he is pushing his …
Container Market Report, April 2022
Recently I have been asked what is the impact of the “Russian invasion of Ukraine” on maritime containers. I would have to say that there is a certain impact. Countries …
Container Market Report, March 2022
Since Russia’s military invasion of Ukraine on February 24th, two million refugees have fled to Poland and other neighboring countries in the snowy weather with only the clothes they happened …
Container Market Report, February 2022
The Chinese New Year holidays began on New Year’s Eve January 31st and ended on February 6th. However, container manufacturers will be closed until mid-February as usual. According to China’s …