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23 Apr 2013
Forex Flash: Japanese retail investors still prefer domestic risk assets - Nomura
FXstreet.com (Barcelona) - Nomura strategist Yujiro Goto notes that retail investors still prefer domestic risky assets, especially Japanese equities, to foreign assets as the economic outlook has been improving significantly.
He notes that net purchases of toshins investing in domestic assets accelerated further last week to JPY 162bln (USD 1.7bln), its largest weekly level. He writes, “Stronger preference for domestic assets is also likely to slow foreign investment via toshins for the time being.”
He notes that net purchases of toshins investing in domestic assets accelerated further last week to JPY 162bln (USD 1.7bln), its largest weekly level. He writes, “Stronger preference for domestic assets is also likely to slow foreign investment via toshins for the time being.”