A new fiscal year brings changes to Japanese investor activity in foreign markets: The MUFG Global Markets Podcast

Japan has vaccinated 59 million people, with 45 million fully vaccinated, as of August 17. Prime Minister Suga yesterday stated that half of Japan’s population will be vaccinated by the end of this month. The developments left USDJPY and the Nikkei Average little change, while JPY basis tightened at the margin and JPY rates rose slightly.   

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido examines recent changes to BoJ and NY Fed monetary operations as well as discusses insights into Japanese investor activity in foreign markets from Japanese Ministry of Finance Balance of Payment data and the U.S. Treasury TIC data releases. He also shares his views on the Dollar/Yen, Yen rates, and Yen basis. 

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