In today’s briefing:
- Japan Weekly | Tokyo Electron, 7&I, Fast Retail
Japan Weekly | Tokyo Electron, 7&I, Fast Retail
- The Nikkei traded up half a percentage point this week, while the JPY strengthened 3% to Y127/$
- US stocks (and hence global) rallied after data showed that inflation cooled in December, easing pressure on the Fed.
- Lower inflation, interest rates, and China’s reopening are providing a decent backdrop for Japanese equities
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