August 15, 2024 at 12:07AM
Reuters survey of Japanese firms, their Japan Corporate Survey.
Headlines via Reuters:… China and US politics outranking JPY intervention. Sheesh:
13% of firms considering scaling back China operation vs 3% thinking
about expansion
Japanese firms
believe Kamala Harris better for business as us president
43% of firms see
Harris as better for business vs 8% favouring Trump
24% of firms see
recent foreign exchange intervention by Japan as appropriate vs 9% as
inappropriate
USD/JPY update:
This article was written by Eamonn Sheridan at www.forexlive.com.
Survey shows less than a quarter of Japanese firms approve of the recent yen intervention