How is the recovery in the Japanese Yen currency impacting the markets? The Henessy Japan Fund (HJPNX) has 35 holdings of Japanese companies that operate globally. Masakazu Takeda says that a weak Yen is positive for them due to this. He states that Japan is a standalone economy. The fear of a recession should remain as overhand. The BOJ accommodative monetary policy, labor union salary increases, and a recovery in tourism should underpin the domestic economy.
Futures
05 May 2023
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