The Spark of Inflation [Ryuuji Satou]
Ryuuji Sato Profile
Sato Ryuuji. Born in 1968. After graduating from a US university in 1993, he joined Genesis Co., Ltd. (later Oval Next Co., Ltd.), a provider of macroeconomic analysis, currency, commodity, and stock market analyst reports and trading information, after working at a marketing company. He has written analyst reports and engaged in trading, and since 2010 he has founded “H-Square Co., Ltd.”, writing analyst reports and planning/publishing projects such as “FOREX NOTE Currency Notebook,” while also serving as a radio host in investment-related programs. He is an individual trader. International Federation of Technical Analysts-certified technical analyst. Main commentator on Radio Nippon’s “The Money Onosato Market Forecast” (Mondays 15:00–).
Official site:Ryuuji Sato Blog
※This article is a republished/re-edited version of a piece from FX Tsukuri攻略.com, April 2021 issue. Please note that the market information in the body may differ from the current market.
Crude oil at its highest since January last year
Recently, the market has been talking about the rise in U.S. long-term interest rates. The expected inflation rate is at its highest since 2014, and the market is looking toward a post-COVID environment. With rising interest rates, there are occasions where risk-off occurs, causing stock prices and commodity prices to plummet rapidly.
However, whether it is stock prices or commodity prices, prices are determined by factors across the entire financial market plus unique supply-and-demand factors, among others.