Global Macro Strategy

Callum Henderson

Thematic (Sector/Industry)

<p>For my first column in 2018, my thoughts on the news that Haruhiko Kuroda will be re-appointed as governor of the Bank of Japan (BoJ). In my view, while somewhat expected, this is very timely news for Japanese asset markets, which have also been caught up in the global equity market sell-off of the last week. While JGBs have largely been shielded from the volatility as a result of BoJ buying, Japanese stock market indices have been hit hard by position liquidation. News that Kuroda will continue…</p>

For my first column in 2018, my thoughts on the news that Haruhiko Kuroda will be re-appointed as governor of the Bank of Japan (BoJ). In my view, while somewhat expected, this is very timely news for Japanese asset markets, which have also been caught up in the global equity market sell-off of the last week. While JGBs have largely been shielded from the volatility as a result of BoJ buying, Japanese stock market indices have been hit hard by position liquidation. News that Kuroda will continue…

Japan: Kuroda Stays, Focus on Fiscal Reform