Important Information

This website is managed by Ultima Markets’ international entities, and it’s important to emphasise that they are not subject to regulation by the FCA in the UK. Therefore, you must understand that you will not have the FCA’s protection when investing through this website – for example:

  • You will not be guaranteed Negative Balance Protection
  • You will not be protected by FCA’s leverage restrictions
  • You will not have the right to settle disputes via the Financial Ombudsman Service (FOS)
  • You will not be protected by Financial Services Compensation Scheme (FSCS)
  • Any monies deposited will not be afforded the protection required under the FCA Client Assets Sourcebook. The level of protection for your funds will be determined by the regulations of the relevant local regulator.

Note: Ultima Markets is currently developing a dedicated website for UK clients and expects to onboard UK clients under FCA regulations in 2026.

If you would like to proceed and visit this website, you acknowledge and confirm the following:

  • 1.The website is owned by Ultima Markets’ international entities and not by Ultima Markets UK Ltd, which is regulated by the FCA.
  • 2.Ultima Markets Limited, or any of the Ultima Markets international entities, are neither based in the UK nor licensed by the FCA.
  • 3.You are accessing the website at your own initiative and have not been solicited by Ultima Markets Limited in any way.
  • 4.Investing through this website does not grant you the protections provided by the FCA.
  • 5.Should you choose to invest through this website or with any of the international Ultima Markets entities, you will be subject to the rules and regulations of the relevant international regulatory authorities, not the FCA.

Ultima Markets wants to make it clear that we are duly licensed and authorised to offer the services and financial derivative products listed on our website. Individuals accessing this website and registering a trading account do so entirely of their own volition and without prior solicitation.

By confirming your decision to proceed with entering the website, you hereby affirm that this decision was solely initiated by you, and no solicitation has been made by any Ultima Markets entity.

I confirm my intention to proceed and enter this website

Japan’s Core Inflation Cools Unexpectedly, U.S. Acknowledges Japan and South Korea’s Currency Woes 

um editor

UM Editor

April 19, 2024 at 11:33 am

Japan’s core consumer price index, which excludes fresh food but includes fuel costs, rose 2.6% year-over-year in March 2024, decelerating from a four-month high of 2.8% in February. Despite the slowdown, the core inflation rate remained above the Bank of Japan’s (BOJ) 2% target for the 24th consecutive month. The deceleration was attributed to mild rises in food prices, while the sustained high inflation was driven by the yen’s weakness and elevated commodity prices. 

In response to rising wages and persistent high inflation, the BOJ shifted its monetary policy stance in March, raising interest rates for the first time since 2007. The move marked the end of eight years of negative interest rates. However, the central bank is expected to maintain an accommodative stance for some time. BOJ board member Asahi Noguchi stated that the pace of future policy adjustments is anticipated to be gradual and cannot be compared to the recent tightening cycle undertaken by other major central banks. 

While the core inflation figure of 2.6% in March came in below the forecasted 2.7%, it highlighted the ongoing inflationary pressures in Japan’s economy, prompting the BOJ’s policy normalization efforts. 

(Core Inflation Rate，Statistics Bureau of Japan) 

During their inaugural trilateral meeting on Wednesday, senior finance officials from the United States, Japan, and South Korea voiced mutual concerns regarding the recent depreciation of the Japanese yen and the South Korean won. They pledged to maintain close communication and coordination to address volatility in the currency markets. 

While the Japanese yen found some stability, trading near the 154 level against the U.S. dollar, it remained perilously close to the 34-year low reached earlier in the week. This persistent weakness in the yen’s value can be attributed to the divergent monetary policy stances adopted by the Bank of Japan and the U.S. Federal Reserve. 

(USDJPY Yearly Chart) 

Disclaimer  

Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided. 

Why Trade Metals & Commodities with Ultima Markets?

Ultima Markets provides the foremost competitive cost and exchange environment for prevalent commodities worldwide.

Start Trading

  • Monitoring the market on the go

  • Markets are susceptible to changes in supply and demand

  • Attractive to investors only interested in price speculation

  • Deep and diverse liquidity with no hidden fees

  • No dealing desk and no requotes

  • Fast execution via Equinix NY4 server

Market

Platform

Account

Resources

About

FOLLOW US

App Store Google Play
FSC icon

Ultima Markets is a member of The Financial Commission, an international independent body responsible for resolving disputes in the Forex and CFD markets.

WTW icon

All clients of Ultima Markets are protected under insurance coverage provided by Willis Towers Watson (WTW), a global insurance brokerage established in 1828, with claims eligibility up to US$1,000,000 per account.  

united icon

Ultima Markets is the first CFD broker to be part of United Nations Global Compact.

FOLLOW US

TRADE WITH US

App Store Google Play

RISK DISCLOSURE

Risk Warning:
Trading leveraged financial products, including Contracts for Difference (CFDs), carries a high level of risk and may result in losses exceeding your initial investment. These products are not suitable for all investors and should only be traded with funds you can afford to lose. You do not own or have any rights to the underlying assets of these derivatives (e.g., entitlement to dividends). Please ensure you fully understand the associated risks. Before trading, consider your level of experience, investment objectives, and seek independent financial advice if necessary. Refer to our legal documents and disclosures before making any trading decisions.

General Advice Warning:
The information provided on this website is general in nature and does not take into account your personal objectives, financial situation, or needs. Before acting on any advice, you should assess its appropriateness in light of your individual circumstances and consult our legal documentation.

Regional Restrictions:
The information and services on this website are not intended for residents of certain jurisdictions, including but not limited to the United States, Singapore, and any jurisdictions subject to international sanctions. For further information, please contact our customer support team.

Regulatory Information:

Ultima Markets is a trading name shared amongst multiple entities operating in various jurisdictions. These following entities are authorised to operate under the Ultima Markets brand and trademarks.

  • Ultima Markets UK Limited, reference number 470325, is authorised and regulated by the Financial Conduct Authority (FCA). Registered address: 1 Blossom Yard, Fourth Floor, London, E1 6RS, UNITED KINGDOM.

  • Ultima Markets Ltd is authorised and regulated by the Financial Services Commission (FSC) of Mauritius as a Full-Service Investment Dealer (excluding Underwriting), under licence number GB 23201593.

    Registered address: 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, 72201, Mauritius.

Ultima Markets Logo in Black Colour

Copyright © 2025 Ultima Markets Ltd. All rights reserved.

Hi, how can we help you?
打开 linee 的二维码