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19 ordspråk av Osamu Takashima

Osamu Takashima

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It is highly likely that the 2 trillion yen buying in August reflected the market's expectations that Koizumi's victory will support the stock market, and that foreign buying could take a respite this month.

The stronger economic outlook is positive for the stock market and may encourage more fund inflows to Asian countries such as South Korea and Taiwan. Such flows are supporting the currencies.

Prospects for widening rate differentials between the U.S. and economies such as Japan and Europe helped the dollar this year and will continue to do so.

Some investors have piled up their euro holdings rapidly this week, overreacting to the Fed minutes. This long-euro position won't last.

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