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ICYMI: BlackRock cut Japan stocks to “underweight” citing concern over a BOJ policy change

ICYMI: BlackRock cut Japan stocks to “underweight” citing concern over a BOJ policy change

The BlackRock Investment Institute have cut Japanese stocks to “underweight” .

They cited the potential for the Bank of Japan to shift policy away from its current “ultra-loose” monetary strategy. Say that this could push global yields higher and reduce risk appetite.

Reuters carry the info:

Posted: Feb 13 2023, 22:27
Author Name: forexlive
Views: 110511

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