Japanese buy foreign bonds, stocks, foreigners JGBs
MOF flow data wk-ended Oct 5 show fresh positioning by Japanese, foreigners
Japanese bought net Y257.8 bln foreign stocks and Y696.7 bln foreign bonds
First week of October start of Japan's fiscal 2nd half
Reports of fresh moves into higher offshore yields, banks at forefront
Also anecdotal evidence of renewed interest in shorter-term carries
The strong US jobs report behind some of these flows
That said, upcoming US elections, outcome major risk impediment
On other side of ledger, foreign investors bid buyers of Japanese assets
Latest week saw net Y919.3 bln Japanese stock, Y1.3792 tln JGB buys
On likely view BOJ on hold indefinitely after PM Ishiba "not ready" talk
See nAZN2DOGG6, previous comment nL1N3LF01Z, Ishiba-speak nP8N3KT00F
For more click on FXBUZ
Japanese investments in overseas debt securities: https://tmsnrt.rs/3JW3oI3
Japanese investments in stocks abroad: https://tmsnrt.rs/3nxoepG
Foreign flows into Japanese stocks & futures: https://tmsnrt.rs/40Muzfc
Foreign flows into Japanese debt securities: https://tmsnrt.rs/3nsVz5d
(Haruya Ida is a Reuters market analyst. The views expressed are his own)
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