18 Quotes by Ryohei Muramatsu

Unless the market can get a firm perception that the US Fed is ending its interest rate hike cycle, the ongoing weakness of the yen may not come to an end.

On the other hand, it is now believed that the Bank of Japan will hold interest rates, in effect, at zero for a prolonged period because of strong political pressure.

Reflecting the improvement of economic fundamentals in Japan, inflows into Japanese assets, equities in particular, are likely to grow stronger.

Recent rises in yields of Japanese government bonds, combined with this emerging uncertainty over prospects for US interest rates, are expected to weigh on the US currency against the yen in the near term.

Judging from fundamentals for the yen, including strong share prices and relatively positive economic data, the recent fall of the yen is apparently overdone.

We are seeing dark clouds on the horizon because of slowing housing markets. The inverted yield curve could be a sign of a slowdown in the economy. Treasuries yields are unlikely to rise.

There has been quite strong resistance around 118.20 yen and as the dollar failed to clear that line, it faced selling pressure.

Yields will have a bias to rise as concern about an inflation bulge is reignited. A rate increase in March is almost a done deal and there's a chance for another move in May.

While the US Federal Reserve Board is exploring ways to exit from the interest rate-hiking cycle, investors are gaining strong confidence in the strength of Japan's economic fundamentals.