[１３日 ロイター] – On the 13th, BlackRock Investment Institute (BII) lowered its investment rating on Japanese stocks to “underweight.” If the BOJ were to reverse its policy of ultra-loose monetary policy, it could push global yields higher and reduce risk appetite, he said.
The Japanese government has decided to appoint Kazuo Ueda, an economist and former member of the Bank of Japan’s advisory committee, to succeed Haruhiko Kuroda, the governor of the Bank of Japan, domestic media reported on the 10th.
The BII said it could be a surprise to coincide with interest rate rises in other major countries. “The Bank of Japan may widen the permitted variation range of long-term interest rates again, or change policies such as removing yield curve control (long-term interest rate manipulation, YCC).” the aim. the limits of the current policy stance, he said.
In addition to the monetary policy of the Bank of Japan, the sensitivity of the Japanese economy to the economic slowdown in other major economies has also contributed to lowering the investment decision “Japan’s export sector is expected to suffer.”
