Hedge funds dumped Japanese stocks at fastest pace in over 5 years- GS

Investing.com-- Hedge funds sold Japanese stocks at their fastest pace in over five years during a market rout last week, Goldman Sachs said in a recent note, with macro products making a bulk of the selling.indexes slid over 12% last Monday and fell squarely into a bear market, amid concerns over rising Japanese interest rates and a potential U.S. inflation.

But while Japanese stocks logged steep losses at the beginning of last week, they rebounded sharply later in the week, recouping a bulk of these losses. But while Japanese markets did recoup recent losses, sentiment towards the country remained strained, especially after the BOJ in late-July hiked interest rates and warned that it had no upper limit on how much rates could increase this year.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Hedge funds exposure to Chinese stocks at the lowest in five years: GSHedge funds exposure to Chinese stocks at the lowest in five years: GS
Bron: Investingcom - 🏆 450. / 53 Lees verder »