Japan keeps selling — foreigners buy Nikkei dip
The BoJ wrote some cheques that Mrs Watanabe keeps cashing… In the week to 8 June, net-net securities flows again
macro, politics, markets, ambivalence
The BoJ wrote some cheques that Mrs Watanabe keeps cashing… In the week to 8 June, net-net securities flows again
Another week, another 2tn of JPY buying … mostly due to the Japanese selling foreign assets. Over the last four
Krugman famously said that in a liquidity trap, a central bank must make a ‘credible promise to be irresponsible’. In
Capital resumed pouring into Japan in the week ended 18 May 2013, suggesting that my ‘reversal’ call was premature —
Net capital outflows from Japan continued in the week to 11 May 2013. Japan continued to move capital into foreign