Comments from head of Japan active investments at BlackRock via a Bloomberg pice (Bloomberg is gated):
- “Investing in Japanese equities becomes harder if the currency continues to weaken,”
- “When you speak with global investors about Japan, FX is definitely top of mind for everyone.”
Well, no.
The Nikkei 225 Stock Average has jumped 14% this year. After taking into account the slide in the yen that comes back to around 3% for US dollar-based investors. Like BlackRock. However, not everyone is in the US.
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More on the yen and Nikkei:
![Nikkei weekly candles 13 May 2024 2](https://images.forexlive.com/images/Nikkei%20weekly%20candles%2013%20May%202024_id_db8e9450-caf4-44aa-bbbb-a5fd59d6494e_size900.jpg)