Japan

Yuko Iizuka, Economist at Asset Management One, writes that enthusiasm amongst overseas investors for Japanese equities has gone through a sea change as Japan finally emerged from a period of negative interest rates, slow economic growth and deflationary pressures.

Anton Tonev, head of strategy, Trium Larissa Global Macro writes that the weakness of the Japanese Yen (JPY) is becoming disorderly to the extent it is starting to worry the Ministry of Finance (MOF), prompting it not only to ask the Bank of Japan (BOJ) to intervene directly in the currency market but also putting pressure on the central bank to expedite and increase the pace of interest rate hikes.