The yen has fallen more than 5 percent against the dollar since Aug. 5. Nomura International is seeing a range of investors start to take the funds they raise in yen and put them into other higher-yielding assets. This suggests that corporate clients and hedge funds are re-entering the carry trade. Short yen positions have increased by about 30-40 percent over the past week, according to ATFX Global Markets, with most of that growth coming from hedge funds and wealthy clients. One of the big questions for investors who are still holding off on carry trades is whether the Bank of Japan will raise interest rates further this year. Deputy Governor Shinichi Uchida has indicated that he will not raise interest rates while financial markets remain unstable. If the Bank of Japan refrains from further rate hikes, re-entering the carry trade is likely to become more attractive. For details, see the source 2024/8/16 Related The world has borrowed 161 trillion yen from Japan since 2022 and bought NVIDIA stocks, Bitcoin, etc. “Yen carry is still the epicenter of the market” ★3 [Rejection★] Statement by Finance Minister Kanda “The reason for the decision to intervene in the foreign exchange market. “It is unacceptable that the people’s lives are being threatened and food prices are rising because of profit.” Image included ★3 [No permission★].
Oh no. It looks like it’s heading towards 160 yen again. If Trump, who is trying to stop the yen from weakening, loses the election, it will probably go even higher.
Uchida panicked and tried to put out the fire lol. And then the Diet summoned Ueda on the 23rd when Jackson Hole is? What are they going to do about Jackson Hole?
Ueda: “I’ll raise it” → Stock price crashes → Buy here → Uchida: “I won’t raise it for a while” This way you can make infinite profits. Do it as many times as you like.
>>19 When it was clearly about to cross the line, a bigger movement occurred and the situation was destroyed. Still, some profit was made, so I think they’re being stubborn and encouraging yen carry.
>>24 Raise interest rates → Investors die & economy weakens. However, ordinary people will benefit from price stagnation. Interest rates will not be raised → investors will be happy and the economy will be stable. However, ordinary people will die from high prices. Either choice is the worst. It’s been said for a long time that this is the exit strategy for Abenomics.
Keep warming me up, without being able to put it into words, Touching your love is what I can do, Everyone is crying, feelings with nowhere to go, Seeing you dancing, love began, I somehow understood.
In fact, this could be said to have created an environment in which it would be easier to raise interest rates further, but the tax hike spectacle has become a lame duck, so Ueda can move without hesitation.
>>43 The person who bought a high-rise apartment with a 35-year, no-down-payment, two-person loan and bonus payments Zombie companies operating on inertia The government is issuing a ton of government bonds.
>>43 If interest rates are raised, companies, whether small or large, run on borrowed money, so that’s where the biggest damage will come from. Next, personal loans will hit household finances. Finally, Japan’s government bond expenditures increased, causing great damage to the nation. It’s going to damage everybody, OK?
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