Strong investments in Japan - Nomura

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Guatemala) - Analysts at Nomura explained that Japanese investors’ foreign portfolio investment activity remained strong in November.

    Key Quotes:

    "The pace of foreign portfolio purchases slowed from the previous month, but foreign investment momentum remains strong. Excluding the banking sector, whose foreign investment tends to be FX-neutral, Japanese investors were net buyers of foreign securities to the tune of JPY1562bn ($12.8bn), exceeding JPY1trn per month for the fifth month in a row.

    Pension funds, life insurance companies, and toshin companies were all net buyers of foreign securities again in November, albeit at a slower pace than in October.

    October BoP data continue to suggest that Japanese investors have been
    investing mostly in USD-denominated securities. More than 80% of foreign portfolio investment was in USD securities, suggesting USD should continue to benefit the most from Japanese investors’ strong foreign portfolio investment."
    For more information, read our latest forex news.

Share This Page

free forex signals