Independent Strategy

The BoJ – in the right direction

Report Date:  10th February, 2023

The yen is our biggest currency long. JGBs are our biggest sovereign bond short. Japanese banks are one of the few equity sectors (along with global energy) that we think have fundamental value. Today’s news of likely appointments at the BoJ confirm these portfolio positions.

To read the full report - Login or Subscribe

SUBSCRIBE
Author:
< Back|All Reports|< Previous   Next >

Login|How to Subscribe|Browse All Reports|About Independent Strategy

In the Media

The four dilemmas
The four dilemmas
David Roche 20/03/23
A fault of the ECB is that it looks backward
A fault of the ECB is that it looks backward
David Roche CNBC Asia Squawkbox 17/03/23
How China’s shifting growth model will ‘disappoint’ global markets
How China’s shifting growth model will ‘disappoint’ global markets
David Roche CNBC European Squawkbox 07/03/23
Nuclear Power
Nuclear Power
David Roche 05/03/23

Subscribe to our YouTube Channel