Keyword: Japan

Gold vs. Japanese Yen This chart shows the strong correlation between the Japanese yen and gold, as they tend to offer similar safe haven characteristics. Image: Jeroen Blokland

Fiscal Impulses in Japan and the Eurozone Japan and the eurozone are expected to benefit from significant fiscal stimulus next year. Image: Gavekal, Macrobond

Japan Stock Market Japan holds more than 4% of the domestic stock market, making the BoJ the top shareholder of more than 55 companies in the Nikkei 225. Image: Macrobond Financial

Japan Recession Probability Chances of a recession in Japan are pretty high. Image: Quill Intelligence, LLC

Japan – Explaining 10-Year Yields Great chart suggesting that demographics explain Japan’s 10-year yields. An R² of 0.87 is quite high and significant. Image: Arbor Research & Trading LLC

Japan Corporate Profits Leads MSCI World EPS This chart suggests that Japan corporate profits leads MSCI World EPS by 7 months. Image: Nordea and Macrobond

China, Japan Holdings of U.S. Treasury China’s share hits near 2-year low, Japan’s highest in 16 months. Image: Richard Leong

Debt, Demographics and Labor Force Growth The slowdown in the labor force in the U.S., China, Europe and Japan, represents 62% of the world’s GDP and 69% of the equity market capitalization. The labor force growth is expected to be -1% by 2055. Image: Fidelity Investments

Treasury Holdings: Who Are the Major Foreign Holders of U.S. Treasury Securities? Currently, the two major foreign holders of U.S. Treasury securities are Japan and China. Japan surpasses China as largest foreign holder of U.S. Treasuries. Image: Department of the Treasury/Federal Reserve Board Click the Image to Enlarge

Asian Exports There is a glimmer of hope of a recovery in Asian exports. The free fall in Japan, Taiwan and South Korea exports in early 2019 has stopped. Image: Danske Bank