Noriyuki Kato
Noriyuki Kato
short stuff sure
There is a lot of liquidation of short yen positions, and I'm not sure if it is over yet. This kind of stuff will not end in a day.
appetite given japan japanese means money overseas retail
It's paradoxical. The strengthening of Japan has given Japanese retail money more appetite for risk, and that means overseas bonds.
bit comfort euro found highs lows market seems temporary tried
It seems like dollar/yen has at least found a temporary bottom. And with the euro we've tried the lows and the highs and now the market is going into a bit of a comfort zone.
continued fact interest investors issue japanese market seeing sell time
We're seeing continued interest from Japanese investors to sell the yen and go for yield. And the market has already jumped on the BOJ issue so by the time the fact comes out it could be a non-event.