Goldman Sachs: Yen's Current Value Benefits Foreign Investors in Japanese Stocks

Reported 1 day ago

Goldman Sachs' chief Japan equity strategist, Bruce Kirk, suggests that the yen's current exchange rate against the dollar is advantageous for foreign investors looking to purchase Japanese stocks. He believes the risk of the yen weakening significantly is low, which presents a timely opportunity for overseas funds to invest at relatively favorable prices. As interest from foreign investors begins to rise again following a period of caution, expectations for the Topix index in 2025 are optimistic, driven by banking sectors and potential market developments.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis