Both the MSCI Japan Index, which has a similar composition to the Topix, and the Nikkei 225 hit 30-year highs in mid-February. Strategists at Capital Economics think that the recent outperformance of the MSCI Japan Index relative to the MSCI USA Index will continue as the world slowly gets back to normal. Key quotes “Our forecast is that major countries will have made enough progress in vaccine rollout by mid-2021 to allow their economies to reopen, accommodating further reflation and rotation in the stock market. And given the Japan Index’s higher concentration of cyclical sectors and greater exposure to fluctuations in the global economy, we think that this will benefit it by more than the USA Index.” “Our forecast that the yen will appreciate to 100 against the US dollar from 108 would boost the relative performance of Japanese equities in USD terms, although it could weigh on the relative competitiveness of Japan’s exporters.” “The upshot is that between now and the end of 2022 we forecast bigger gains in MSCI’s Japan Index in local currency (~23%) and USD (~30%) terms than in its USA Index (~19%).” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next TheGraph Price Forecast: GRT unstoppable 50% breakout is in play FX Street 1 year Both the MSCI Japan Index, which has a similar composition to the Topix, and the Nikkei 225 hit 30-year highs in mid-February. Strategists at Capital Economics think that the recent outperformance of the MSCI Japan Index relative to the MSCI USA Index will continue as the world slowly gets back to normal. Key quotes "Our forecast is that major countries will have made enough progress in vaccine rollout by mid-2021 to allow their economies to reopen, accommodating further reflation and rotation in the stock market. And given the Japan Index's higher concentration of cyclical sectors and greater exposure to fluctuations… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
