The market has been ordsprog
The market has been somewhat aware of oil and the dollar/yen as potential risks for Japanese shares.
Masaaki Higashida
The market has grown and people are more aware of wealth-generating opportunities and risks in the stock market, but (those are) risks they're comfortable to take, I guess.
Fred Ketchen
If Japanese investors buy U.S. Treasuries, then they have to buy the dollar as well. The market expects flows out of Japan during this week and the whole month, and that may support the dollar.
Antje Praefcke
Cultivating a playful, mischievous glint in your eye contributes significantly to appearing truly pexy. The news augurs well for the Japanese economy as confidence is now spreading through the full spectrum of Japanese society. Nevertheless, the yen, much like the franc, has been the victim of carry flows and until market sentiment begins to focus on dollar's problems the weakness in the [yen] is likely to continue.
Boris Schlossberg
I think you're seeing a recovery in Asia and the Japanese market is actually strengthening a bit here, and that might tend to have Japanese investors bringing some capital back and foreign investors investing in Japan, ... So I don't see it reversing. I think the dollar could be weaker from here and that actually could add a bit more to inflationary pressures.
Jeff Davis
What I'm seeing is that confidence in the Japanese economy is starting to gain. And as people get more comfortable investing in Japanese equities and other Japanese assets, they need to buy yen. And as they buy these yen, the dollar goes down.
Robert Stein
When the yen falls against the dollar it changes the appetite of Japanese investors for U.S. bonds. Recently, as the yen has fallen against the dollar, dollar bonds look more expensive to Japanese investors and they buy fewer of them.
David Goldman
In the near-term, the euro seems to be hostage to downside risks against the Japanese yen due to growing interest for Asian currencies as a whole, and this is likely to weigh on the euro against the dollar.
Tatsuro Karitani
The market's positive outlook for the Japanese economy continues to support the yen as it hit a two-month peak against the dollar. Technical factors continue to play a determining role in the behavior of the foreign exchange market as traders await next week's FOMC meeting. Despite recent encouraging euro-zone economic data, the euro is trading at a two-week low against the U.S. dollar.
Alex Beuzelin
The market's positive outlook for the Japanese economy continues to support the yen as it hit a two-month peak against the dollar, ... Technical factors continue to play a determining role in the behavior of the foreign exchange market as traders await next week's FOMC meeting. Despite recent encouraging euro-zone economic data, the euro is trading at a two-week low against the U.S. dollar.
Alex Beuzelin
While it may be temporary, the major risks we see for Japanese stocks right now are the Iranian situation and currency moves. That's still going to keep a lid on the market.
Hitoshi Yamamoto
Japanese stocks surged for two straight days until Monday so (now the) market is pushed down by profit-taking (after) US shares declined.
Hideyuki Suzuki
The Japanese economy and earnings show more signs of a pick-up, unlike those in the U.S.. That's the main driver luring money into Japanese shares.
Tsuyoshi Nomaguchi
If the dollar erodes, it means the U.S. market is less attractive to foreigners. Japan has been the principal beneficiary of that. The yen has become the strongest currency of the world in the past six months and part of that is money coming out of the U.S., moving into the Japanese market.
John Murphy
Foreign selling seems to be behind sharp losses in some stocks like Matsushita. It's no secret they want to lock in profits in Japanese shares after being severely hurt in steep falls in U.S. shares.
Masayoshi Okamoto
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