Bloomberg: As Selloff Extends in Japan Stocks, One Prominent Buyer Is Back

Discussion in 'Fundamental Analysis' started by ForexLive, Nov 15, 2017.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Bloomberg report on the Bank of Japan stepping back in to buy ETFs: "The BOJ buys ETFs mechanically" and tends to put in buy orders after the Topix closes down in the morning session, said Norihiro Fujito, a senior strategist at Mitsubishi UFJ Morgan Stanley Securities Co. in Tokyo. "The central bank passed on buying ETFs

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