Japanese investors boost foreign stock purchases on Fed rate-cut hopes

Business

Japanese investors raised their holdings in foreign stocks, driven by a benign U.S. core inflation report that fuelled expectations of Federal Reserve cuts and boosted global equities, while a strong yen also lifted domestic buying power. They invested a net 489.8 billion yen ($3.13 billion) into overseas stocks, for a sixth straight week through Jan. 18, marking their second-largest weekly net purchase since Sept. 7, 2024, according to data from Japan's Ministry of Finance. Analysts noted that

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Japanese investors boost foreign stock purchases on Fed rate-cut hopes https://www.channelnewsasia.com - 23.01.2025 07:53
Japanese investors boost foreign stock purchases on Fed rate-cut hopes https://www.channelnewsasia.com/ - 23.01.2025 07:34

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Japanese investors boost foreign stock purchases on Fed rate-cut hopes https://www.channelnewsasia.com - 23.01.2025 07:53
Japanese investors boost foreign stock purchases on Fed rate-cut hopes https://www.channelnewsasia.com/ - 23.01.2025 07:34