Japanese investors sell overseas assets for third week in a row

Business

Japanese investors sold overseas assets for a third straight week through Oct. 26, cashing in on the yen's sharp decline amid U.S. election uncertainties and reduced expectations of big Federal Reserve rate cuts. According to the Ministry of Finance data, Japanese investors sold foreign stocks and long-term bonds worth a net 397.6 billion yen and 889.6 billion yen ($5.81 billion), respectively, posting their third straight weekly net sales in both segments. They, however, added a net 116.5

Japanese investors sell overseas assets for third week in a row https://www.channelnewsasia.com/ - 31.10.2024 08:11

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Japanese investors sell overseas assets for third week in a row https://www.channelnewsasia.com/ - 31.10.2024 08:11