Foreign Investors Are Buying Japan Stocks at Record Pace
Ever since Warren Buffett's endorsement of Japan equities during his recent visit to Tokyo, weekly data from Japan Ministry of Finance shows foreign investors have been buying the most Japan equities on record. This coincides with Japan equity indices' recent outperformance relative to its developed market majors. However, Weston Nakamura warns of a key resistance level on the horizon for the Nikkei 225 index.
Weston also discusses the surprise miss in China Manufacturing PMI, and its impact on commodities. Finally, Weston talks about the upcoming major central bank decisions for the week, and to look to the currency markets against the yen for the "cleanest" reading of market reactions.
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