Hi Tigers,
Did you manage to catch our annual market outlook event "WWTD 2023" at Visual Arts Centre in Singapore? We hoped you enjoyed the immersive experience store and all our activities that fly you from Singaporeto Japan, Europe, and the US.
Well, no worries if you haven't been there. Tiger community will be hosting an online "WWTD 2023" event in the following weeks, and will be publishing 4 articles in total to help you get some insights from professionals on the outlook for these 4 markets!
Besides, there will be a quiz about the corresponding market in every article. Tigers who get the right answer for the quiz will stand a chance of winning a set of SUPER Tiger gifts!
Fourth Episode: Japan Market Outlook
For full report please view here>>
[Quiz]
Japan has been embracing rising prices and pursuing the yield curve control to keep interest rates low. As a result, the Yen has depreciated sharply. Which sector will least likely benefit from this expectation?
A. Tourism
B. Financial
C. Export
[How to take part]
1. Reply your answer in this article below
2. You're welcome to leave anything you'd like to share about your thoughts on the 2023 Japan market
[Rewards]
1. The first 2 Tigers & the last 2 Tigers who leave the right answer will be given a SUPER Tiger gift!
2. Three Tigers whose comments get the most likes will be given a SUPER Tiger gift!
3. Three lucky Tigers who leave a comment will be given a SUPER Tiger gift!
[Duration]
Now - 29 Jan
Comments
Weaker yen, more attractive for oversea purchaser to choose japanese supply / consumer goods
E.g japanese snacks able to price point same as korean or western
It has been reported that japanese mnc forex benefit boost their earning.
I myself have read my japanese hq financial report to their investors and surprised to see earning from oversea subsidiary finally made a huge contribution for their latest q earning
🌟🌟🌟The sector least likely to benefit from a weaker Japanese Yen is the Financial Sector. The Japanese Banks will have higher funding costs for foreign lending.
However a weaker Yen will greatly benefit Tourism as foreigners will find it attractive to go to Japan for their holidays. A weaker Yen will stimulate more exports especially for Japanese companies with global operations. Japan's corporate profits have risen to their highest levels since 1954 partly due to a weaker Yen.
As the Feds continue to increase interest rates in 2023 due to high inflation, I believe that the Japanese Yen will continue to face downward pressure this year. The Japanese people however will find imports will more expensive and cost of living higher.
@Tiger_SG