What is the impact of the yen carry trade on earnings? Jefferies weighs in

Investing.com-- The Japanese yen firmed sharply over the past month as the Bank of Japan began raising interest rates, sparking a rapid unwinding in the yen carry trade that had spurred strong capital flows into broader risk-driven markets.

But further economic weakness in the U.S. economy could elicit more rate cuts and see USDJPY fall to as low as 120 yen, Jefferies said. Export-oriented sectors are likely to be the most impacted by this trend, while sectors with domestic exposure are likely to gain.indexes tumbled in early-August, with Jefferies stating that markets had currently priced in a 5% earnings downgrade, and a USDJPY level of 146.But despite the potential near-term impact of yen appreciation, Jefferies said that investors should overweight Japan if the cycle of yen strength remained persistent.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

These 2 Magnificent 7 stocks are top enterprise AI picks at JefferiesThese 2 Magnificent 7 stocks are top enterprise AI picks at Jefferies
ソース: Investingcom - 🏆 450. / 53 続きを読む »

These stocks with long track record of growing sales have a history of outperformance, Jefferies saysThese stocks have shown an ability to continue growing revenue at a strong rate.
ソース: CNBC - 🏆 12. / 72 続きを読む »

2 HPC stocks downgraded at Jefferies today2 HPC stocks downgraded at Jefferies today
ソース: Investingcom - 🏆 450. / 53 続きを読む »