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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

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    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."
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