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Goldman Sachs: The yen has dropped to a value point, creating the best opportunity for foreign capital to Buy Japanese stocks.
Goldman Sachs believes that the yen is the best choice for global Japanese stock buyers.
Reported Earlier, Japan National Consumer Price Index (MoM) For November 0.6% Vs. 0.4% Prior
Reported Earlier, Japan National Core Consumer Price Index (YoY) For November 2.7% Vs. 2.6% Est.; 2.3% Prior
Reported Earlier, Japan Interest Rate Decision Unchanged At 0.25%
Full text of the Bank of Japan's decision: Maintain interest rates unchanged, pausing interest rate hikes for the third consecutive time, with one dissenting vote.
The Bank of Japan passed the interest rate decision with a result of 8 to 1, keeping the interest rate unchanged at 0.25%, marking the third consecutive pause in raising rates.
Reported Earlier, Japan Exports (YoY) For November 3.8% Vs. 2.8% Est.; 3.1% Prior