Weekend Edition: Return of the Japanese Carry Trade
Friday 29th November 2024Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here.A weak Yen and low interest rates had been fuelling the Japanese Carry Trade, as retail investors – the Mrs Watanabes – prospered from higher returns overseas. They took a hit from the rising Yen in the third quarter of this year, but Harry Ishihara says they are back, just a little more cautious this time. Harry is a macro strategist for Macrobond and Japan Exchange Group. He talks to Phil about the importance of Japanese retail…
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