Bank of Japan's Rate Hike Impact on Japan Equities and Market Opportunities
Tuesday, 19 March 2024, 14:36
Bank of Japan Rate Hike and Japan Equities
For the first time in 17 years, Bank of Japan increased interest rates, impacting Japan equities positively.
Response in Market
- Yen started sliding against the US Dollar.
Expert Insight
- BlackRock Senior Strategist Kristy Akullian suggests a positive backdrop for Japan equities and recommends adding Japanese equities to portfolios for diversification.
Capitalizing on this market shift can offer investors new opportunities while balancing their portfolios strategically.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.