US46641Q2176 - ETF
JPMORGAN BETABUILDERS JAPAN
NYSEARCA:BBJP (5/17/2024, 7:04:00 PM)
56.52
+0.37 (+0.66%)
The JPMorgan BetaBuilders Japan ETF seeks investment results that closely correspond to the Morningstar Japan Target Market Exposure Index.
JPMORGAN BETABUILDERS JAPAN
Japan's Cabinet Office reports that the early preliminary reading for the Leading Economic Index for September was 86.9 to match consensus expectations.
With billionaire Warren Buffett's Berkshire Hathaway investing in the five leading trading companies in Japan, market analysts flag ways to ride the wave using ETFs.
Word that Japanese Prime Minister Shinzo Abe plans to resign due to health reasons saw the Nikkei fall 1.4% overnight, while the safe-haven yen strengthened 0.5% against the dollar as the political uncertainty might prompt money to come back home."Monetary and fiscal policies will remain intact for now, but the mood will sour like it did last time," said Tsutomu Soma, a bond trader at Monex in Tokyo.
Japan's core inflation rate landed at 0.0% in July to miss the +0.1% mark anticipated by economists and register flat prices in the nation for the second month in a row.The lack of price momentum is likely to keep the Bank of Japan continuing on its road of massive monetary stimulus and ultra-low interest rates to support government fiscal spendingThe so-called core-core inflation index, which strips out food and energy prices, rose 0.4% during the month to fall short of the forecast for rise of 0.5%.Bank of Japan Governor Haruhiko Kuroda is on record as saying that he views the risk of Japan falling back into deflation as low.ETFs: EWJ, DXJ, DFJ, DBJP, JOF, JPNL, HEWJ, SCJ, DXJS, JEQ, EWV, EZJ, JPXN, JPN, BBJP, EWJV, FJP, FLJP, GSJY, HJPX, EWJE, FLJH, ZJPN, IHREF
Here you can normally see the latest stock twits on BBJP, but your cookie settings prevent this from loading. You can edit your cookie settings in our cookie consent dialog.
Example Twits: