JCER Financial Stress Index

JCER Financial Stress Index is 0.064, released on July 31, 2023

- Both of central banks in the U.S. and Euro area hiked interest rate, BOJ also made YCC policy more flexible and raise the upper bound of long-term interest rate
- Financial stress maintains a low level as weakening yen and high stock prices are maintained, but uncertainty about outlook still remains

Takashi MIYAZAKI
  Senior Economist

2023/07/31

  The JCER Financial Stress Index for Japan is an indicator based on daily market data to capture the rise of financial systemic risk, which could cause a malfunction of the entire financial system an

>Read more
2023/07/31

JCER Financial Stress Index is 0.064, released on July 31, 2023

- Both of central banks in the U.S. and Euro area hiked interest rate, BOJ also made YCC policy more flexible and raise the upper bound of long-term interest rate
- Financial stress maintains a low level as weakening yen and high stock prices are maintained, but uncertainty about outlook still remains

Takashi MIYAZAKI

2023/06/26

JCER Financial Stress Index is 0.076, released on June 26, 2023

- TOPIX keeps at its highest level in about 33 years and financial stress remains a low level
- Banking stocks are steady on expectations of an early revision of the BOJ's easing policy, while the yen depreciates at its weakest level in about seven months

Takashi MIYAZAKI

2023/05/29

JCER Financial Stress Index is 0.109, released on May 29, 2023

- TOPIX is at its highest level in about 33 years since the bubble period and financial stress keeps a low level
- While Japanese yen was weakening due to the widening interest rate differential, the U.S. debt ceiling issue reached a tentative agreement to avert a default on U.S. Treasuries

Takashi MIYAZAKI