TOPIX ended up on the previous month-end. The Japanese equity market was supported by rallies of US equities and expectations of a recovery of China’s economy following the announcement of the abandonment of China’s strict Zero-Covid policy. The Bank of Japan’s decision to maintain its current monetary easing policy also eased the market after they announced unexpected amendments to their policy last December.

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Table 1 Jan 2023
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Figure 1-2 Jan 2023
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Table 2-5 Jan 2023
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Figure 3-4 Jan 2023
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Figure 5 Jan 2023
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Figure 6 Jan 2023

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