Country Focus
Risky Asset Prices, A Looming Recession, And The Japanese Yen
The Japanese yen is typically a counter-cyclical currency. As shown in the chart above, the correlation between global stock prices and the yen is usually negative. However, over the past year, the yen’s correlation with risky asset prices has…
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Concise macro insight that cuts through daily noise, helping clients stay informed on what matters in markets, why it matters, and how to talk about it, without spending hours reading research.
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