JPY: Japanese investment in foreign securities at all-time high – Nomura
FXStreet (Delhi) – Yujiro Goto, Research Analyst at Nomura, notes that the Japanese investment in foreign securities accelerated further as they accumulated JPY869bn ($7.2bn) of foreign equities during the week ending 5 September, the biggest amount ever.
Key Quotes
“They also accelerated investment in foreign bonds further to JPY1121bn ($9.3bn) from JPY900bn the previous week.”
“In total, just in a week, they bought JPY2047bn ($17.1bn) of foreign securities, the biggest amount since August 2010.”
“Net purchases of foreign securities continued for the eleventh straight week since late June, which suggests strong dip buying demand from Japanese investors.”
Yujiro Goto, Research Analyst at Nomura, notes that the Japanese investment in foreign securities accelerated further as they accumulated JPY869bn ($7.2bn) of foreign equities during the week ending 5 September, the biggest amount ever.
(Market News Provided by FXstreet)