Japanese stocks draw foreign inflows after two weeks of outflows
<p>Japanese stocks draw foreign inflows after two weeks of outflows</p><p>(Reuters) – Foreign investors turned net buyers of Japanese stocks in the week ended Nov. 2, buoyed by the Bank of Japan’s steadfast commitment to its ultra-easy monetary policy and growing sentiment that U.S. interest rates may have peaked.</p><p>Data from Japanese exchanges showed foreign investors purchased stocks worth a net 220.36 billion yen ($1.46 billion) last week, marking their first weekly net buying since Oct. 13.
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This article was written by Ryan Paisey at www.forexlive.com.
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