Fintech, Real-time Big-Data Analytics Provider, Nowcast, Inc.

Ryota Hayashi

Fintech, Real-time Big-Data Analytics Provider

Nowcast, Inc.

We at Nowcast develop "Big-Data Economic Analytics Platforms".  We aim to revolutionize the financial markets by providing "accurate" and "real-time" analytics based on economic indicators and corporate activity data procured worldwide. 

Our Main Services

(1) Real-time Analytics
With our Nikkei CPI Now Index at our core, we provide real time analytics of global economic indicators such as POS Data. By utilizing Big-Data technology, we also provide real-time analytics of micro level data such as corporate earnings. 

(2) Big-Data Application Consulting
We too provide business consultation and conduct joint research on initiatives that strive to use data, such as from the operation capacity of construction machinery to number of passengers on railroad trains, as economic indicators. We provide continuous support to Data Scientists specialized in economics in their proposal stage, product development and up till its business development. 

(3) Monetary Policy Insights
With the proactive involvement of and support from from academicians in macroeconomics & key figures in the financial industry, we produce reports, conduct seminars and meetings that discuss about the forecast of financial markets, provide intellectual suggestions on asset allocation, etc. 

FX & Rates

"America-First" Policy's Long-term Implications and the BOJ’s QQE Program. In this paper we have focused on the excessively low JGB market yield relative to the risk neutral yield and introduced the Risk Premium Model by supplementing the traditional PPP Model with the Shadow Risk Premium and Policy Signal. Simulation based on the Risk Premium Model estimated a fair value of JPY at a range of 110 to 120 per dollar under the America First Scenario. While the BOJ Exit Risk Scenario implied a sharp appreciation of the JPY to 90 per dollar, the Helicopter Money Scenario produced the opposite, as the JPY depreciates to 130+ per dollar. Although these scenarios do not predict actual market movements, and are subject to the viability of key assumptions, we hope this paper provides differentiating and flexible viewpoints to those relying on traditional approaches to navigate the JPY exchange rate market.

"America-First" Policy's Long-term Implications and the BOJ’s QQE Program.  In this paper we have focused on the excessively low JGB market yield relative to the risk neutral yield and introduced the Risk Premium Model by supplementing the traditional PPP Model with the Shadow Risk Premium and Policy Signal. Simulation based on the Risk Premium Model estimated a fair value of JPY at a range of 110 to 120 per dollar under the America First Scenario. While the BOJ Exit Risk Scenario implied a sharp appreciation of the JPY to 90 per dollar, the Helicopter Money Scenario produced the opposite, as the JPY depreciates to 130+ per dollar. Although these scenarios do not predict actual market movements, and are subject to the viability of key assumptions, we hope this paper provides differentiating and flexible viewpoints to those relying on traditional approaches to navigate the JPY exchange rate market. 

JPY

Shadow Risk Premium and the JPY