Geopolitics Alpha

Bank of Japan Warned of Upside Inflation Risks at September Meeting, Some Members Floated Faster Rate Hikes

Published . Updated .

Key takeaways

  • The minutes of the Bank of Japan's September Monetary Policy Meeting, released on the 5th, showed that members shared the view that medium- to…
  • Exposed: EWJ, BWX, EFA, MUFG, TM
  • Market reaction: price tracking starts with the next trading session.

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Bank of Japan Warned of Upside Inflation Risks at September Meeting, Some Members Floated Faster Rate Hikes

The minutes of the Bank of Japan's September Monetary Policy Meeting, released on the 5th, showed that members shared the view that medium- to…

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWJ iShares MSCI Japan ETF-0.6% 19d

    iShares MSCI Japan ETF holds stocks listed in Japan, which this story is about (“japan”).

  • BWX SPDR Bloomberg International Treasury Bond ETF

    SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Japan

  • EFA iShares MSCI EAFE ETF-2.4% 8d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Japan

  • MUFG Mitsubishi UFJ Financial Group

    Mitsubishi UFJ Financial Group (commercial banks) is one of the largest Japan-based companies traded in the US, so news about Japan (“japan”) reaches its shares.

  • TM Toyota Motor+1.4% 30d

    Toyota Motor (motor vehicles and passenger car bodies) is one of the largest Japan-based companies traded in the US, so news about Japan (“japan”) reaches its shares.

  • SONY Sony Group+8.7% 30d

    Sony Group (household audio and video equipment) is one of the largest Japan-based companies traded in the US, so news about Japan (“japan”) reaches its shares.

  • MFG Mizuho Financial Group-11.6% 30d

    Mizuho Financial Group (national commercial banks) is one of the largest Japan-based companies traded in the US, so news about Japan (“japan”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EWJ+1.10%-1.05%baseafter closeafter closeafter closeafter close
BWX-0.60%-0.53%baseafter closeafter closeafter closeafter close
EFA-1.31%-1.92%baseafter closeafter closeafter closeafter close
MUFG-0.16%-2.43%baseafter closeafter closeafter closeafter close
TM-1.60%-1.86%baseafter closeafter closeafter closeafter close
SONY-1.83%-1.62%baseafter closeafter closeafter closeafter close
MFG+1.83%-2.04%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Bank of Japan Warned of Upside Inflation Risks at September Meeting, Some Members Floated Faster Rate Hikes BigGo Finance

Source: BigGo Finance

The price since 5 Nov 2026: Ishares (EWJ) versus the S&P 500

CompanyWhenMoveStatus
Spdr Series Trust (BWX)three days earlier-0.53%final price
Spdr Series Trust (BWX)five days earlier-0.60%final price
Ishares Tr (EFA)three days earlier-1.92%final price
Ishares Tr (EFA)five days earlier-1.31%final price
Ishares (EWJ)three days earlier-1.05%final price
Ishares (EWJ)five days earlier+1.10%final price
Mizuho Financial Group (MFG)three days earlier-2.04%final price
Mizuho Financial Group (MFG)five days earlier+1.83%final price
Mitsubishi Ufj Financial Group (MUFG)three days earlier-2.43%final price
Mitsubishi Ufj Financial Group (MUFG)five days earlier-0.16%final price
Sony Group (SONY)three days earlier-1.62%final price
Sony Group (SONY)five days earlier-1.83%final price
Toyota Motor Corp/ (TM)three days earlier-1.86%final price
Toyota Motor Corp/ (TM)five days earlier-1.60%final price

Congressional trades in Ishares (EWJ) around 5 Nov 2026

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares (EWJ)

Companies mentioned with this story

  • EWJ Ishares

    In “Bank of Japan Warned of Upside Inflation Risks at September Meeting, Some Members Floated Faster Rate Hikes,” Ishares (EWJ) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Japan ETF holds stocks listed in Japan, which this story is about (“japan”)

  • BWX Spdr Series Trust

    Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Bank of Japan Warned of Upside Inflation Risks at September Meeting, Some Members Floated Faster Rate Hikes.” Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Japan

  • EFA Ishares Tr

    For “Bank of Japan Warned of Upside Inflation Risks at September Meeting, Some Members Floated Faster Rate Hikes,” Ishares Tr (EFA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Japan

  • MUFG Mitsubishi Ufj Financial Group

    For “Bank of Japan Warned of Upside Inflation Risks at September Meeting, Some Members Floated Faster Rate Hikes,” Mitsubishi Ufj Financial Group (MUFG) is linked, with no stored direction, medium confidence. Reason on file: Mitsubishi UFJ Financial Group (commercial banks) is one of the largest Japan-based companies traded in the US, so news about Japan (“japan”) reaches its shares

  • TM Toyota Motor Corp/

    In “Bank of Japan Warned of Upside Inflation Risks at September Meeting, Some Members Floated Faster Rate Hikes,” Toyota Motor Corp/ (TM) is linked, with no stored direction, medium confidence. Reason on file: Toyota Motor (motor vehicles and passenger car bodies) is one of the largest Japan-based companies traded in the US, so news about Japan (“japan”) reaches its shares

  • SONY Sony Group

    In “Bank of Japan Warned of Upside Inflation Risks at September Meeting, Some Members Floated Faster Rate Hikes,” Sony Group (SONY) is linked, with no stored direction, medium confidence. Reason on file: Sony Group (household audio and video equipment) is one of the largest Japan-based companies traded in the US, so news about Japan (“japan”) reaches its shares

  • MFG Mizuho Financial Group

    Mizuho Financial Group (MFG) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Bank of Japan Warned of Upside Inflation Risks at September Meeting, Some Members Floated Faster Rate Hikes.” Reason on file: Mizuho Financial Group (national commercial banks) is one of the largest Japan-based companies traded in the US, so news about Japan (“japan”) reaches its shares

Ishares (EWJ)

“Bank of Japan Warned of Upside Inflation Risks at September Meeting, Some Members Floated Faster Rate Hikes” (5 Nov 2026) reaches Ishares (EWJ) through this story.

For Ishares (EWJ), the reason on file says iShares MSCI Japan ETF holds stocks listed in Japan, which this story is about (“japan”)

Also listed, Spdr Series Trust (BWX): SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Japan

Dates in the story, and the Ishares (EWJ) price range

EFA traded between 102.00 and 104.68 across 6 sessions. The latest close on file is 103.46. EWJ traded between 95.11 and 99.98 across 16 sessions. The latest close on file is 97.33.

A simple score for Ishares (EWJ)

46 out of 100

“Bank of Japan Warned of Upside Inflation Risks at September Meeting, Some Members Floated Faster Rate Hikes” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.