Reuters survey of Japanese firms, their Japan Corporate Survey.
Headlines via Reuters:... China and US politics outranking JPY intervention. Sheesh:
- 13% of firms considering scaling back China operation vs 3% thinking about expansion
- Japanese firms believe Kamala Harris better for business as us president
- 43% of firms see Harris as better for business vs 8% favouring Trump
- 24% of firms see recent foreign exchange intervention by Japan as appropriate vs 9% as inappropriate
USD/JPY update:
