Trump Policies To Kick BoJ Trade Back Into Gear: Is Japan The New Inflation Play?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 12 2024
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Source: Benzinga
Investor Sentiment Shifts: Ahead of the Bank of Japan meeting, investors are returning to the "BoJ trade," focusing on long positions in Japanese equities and banks while shorting the yen and Japanese government bonds, despite low expectations for a rate hike until 2024.
Mixed Market Reactions: The outlook for the "BoJ trade" remains uncertain as market fluctuations and global risks persist, with investor positioning reflecting indecision about the BoJ's future actions amidst Japan's inflationary pressures.
Analyst Views on BBJP
Wall Street analysts forecast BBJP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BBJP is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 69.250
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Current: 69.250
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
