
Under the Banyan Tree – Stocks up, yen down: Putting Japan in context
HSBC Global Viewpoint
The Bank of Japan's Ultra-Loss Monetary Policy
The yen has depreciated about 11 or 12% since the beginning of this year. The US-Japan yield differential continues to be very unsupportive for yen. Joey too, our resident yen expert and all Asian currencies besides. When we come back, we'll take this up with Joey.
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