Geopolitics Alpha

BOJ policymaker warns of downside risks to economy from rate hikes

Published . Updated .

Key takeaways

  • NAGASAKI (Kyodo) -- Bank of Japan Policy Board member Toichiro Asada on Thursday warned of downside risks to the economy from raising interest rates.
  • Exposed: EWJ, BWX, EFA, MUFG, TM
  • Market reaction: EWJ −0.7% on the day; BWX −0.6% on the day; TM −1.6% on the day

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BOJ policymaker warns of downside risks to economy from rate hikes

NAGASAKI (Kyodo) -- Bank of Japan Policy Board member Toichiro Asada on Thursday warned of downside risks to the economy from raising interest rates.

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWJ iShares MSCI Japan ETF-0.6% 13d

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

  • 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-0.7% 6d

    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 (“boj”) reaches its shares.

  • TM Toyota Motor+3.3% 18d

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

  • SONY Sony Group+8.9% 30d

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

  • MFG Mizuho Financial Group-13.0% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EWJ-4.13%-0.69%base-0.68%after closeafter closeafter close
BWX+1.13%+1.50%base-0.63%after closeafter closeafter close
EFA-1.86%+0.32%base-0.61%after closeafter closeafter close
MUFG-3.74%-1.05%base-0.87%after closeafter closeafter close
TM+2.87%+2.59%base-1.60%after closeafter closeafter close
SONY+3.96%+2.11%base+0.60%after closeafter closeafter close
MFG-7.53%-3.20%base-0.34%after 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.

BOJ policymaker warns of downside risks to economy from rate hikes 毎日新聞

Source: 블루밍비트

Price since this story was published: Ishares (EWJ)

CompanyWhenMoveStatus
Spdr Series Trust (BWX)that day-0.63%final price
Spdr Series Trust (BWX)three days earlier+1.50%final price
Spdr Series Trust (BWX)five days earlier+1.13%final price
Ishares Tr (EFA)that day-0.61%final price
Ishares Tr (EFA)three days earlier+0.32%final price
Ishares Tr (EFA)five days earlier-1.86%final price
Ishares (EWJ)that day-0.68%final price
Ishares (EWJ)three days earlier-0.69%final price
Ishares (EWJ)five days earlier-4.13%final price
Mizuho Financial Group (MFG)that day-0.34%final price
Mizuho Financial Group (MFG)three days earlier-3.20%final price
Mizuho Financial Group (MFG)five days earlier-7.53%final price
Mitsubishi Ufj Financial Group (MUFG)that day-0.87%final price
Mitsubishi Ufj Financial Group (MUFG)three days earlier-1.05%final price
Mitsubishi Ufj Financial Group (MUFG)five days earlier-3.74%final price
Sony Group (SONY)that day+0.60%final price
Sony Group (SONY)three days earlier+2.11%final price
Sony Group (SONY)five days earlier+3.96%final price
Toyota Motor Corp/ (TM)that day-1.60%final price
Toyota Motor Corp/ (TM)three days earlier+2.59%final price
Toyota Motor Corp/ (TM)five days earlier+2.87%final price

Congressional stock trades in Ishares (EWJ)

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 tied to this story

  • EWJ Ishares

    Ishares (EWJ) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “BOJ policymaker warns of downside risks to economy from rate hikes.” Reason on file: iShares MSCI Japan ETF holds stocks listed in Japan, which this story is about (“boj”)

  • BWX Spdr Series Trust

    In “BOJ policymaker warns of downside risks to economy from rate hikes,” Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence. 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

    Ishares Tr (EFA) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “BOJ policymaker warns of downside risks to economy from rate hikes.” Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Japan

  • MUFG Mitsubishi Ufj Financial Group

    For “BOJ policymaker warns of downside risks to economy from 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 (“boj”) reaches its shares

  • TM Toyota Motor Corp/

    Toyota Motor Corp/ (TM) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “BOJ policymaker warns of downside risks to economy from rate hikes.” 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 (“boj”) reaches its shares

  • SONY Sony Group

    Sony Group (SONY) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “BOJ policymaker warns of downside risks to economy from rate hikes.” 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 (“boj”) reaches its shares

  • MFG Mizuho Financial Group

    For “BOJ policymaker warns of downside risks to economy from rate hikes,” Mizuho Financial Group (MFG) is linked, with no stored direction, medium confidence. 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 (“boj”) reaches its shares

Ishares (EWJ)

“BOJ policymaker warns of downside risks to economy from rate hikes” (12 Nov 2026) reaches Ishares (EWJ) through this story.

Ishares (EWJ) is on the page because iShares MSCI Japan ETF holds stocks listed in Japan, which this story is about (“boj”)

A second company, Spdr Series Trust (BWX), is listed for a different reason: 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

The price range for Ishares (EWJ), and the dates in the story

EFA traded between 102.00 and 104.68 across 6 sessions. The latest close on file is 103.46. EWJ traded between 95.98 and 99.98 across 11 sessions. The latest close on file is 97.33.

What the saved facts support for Ishares (EWJ)

46 out of 100

“BOJ policymaker warns of downside risks to economy from rate hikes” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.