Nomura Recommends Being Long JPY Amid U.S. Tariffs -- Market Talk

Dow Jones

Apr 09

0539 GMT - Nomura recommends being long JPY against several currencies amid U.S. tariffs, the brokerage's Global Markets Research team says. "Beyond its relative safe-haven status, Japan's macro backdrop remains relatively strong and rate differentials are expected to continue to favour JPY," the team says in a research report. Nomura suggests long JPY versus short THB, long JPY versus short KRW, and long JPY versus short GBP. Common themes for Thailand and South Korea include weak local macro backdrops and the likelihood of more aggressive central-bank rate cuts, the team says. For GBP, the U.K.'s economic vulnerabilities may deter capital inflows, given that the U.K. continues to face persistent stagflationary and fiscal risks, the team adds. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 09, 2025 01:39 ET (05:39 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2526196388"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2526196388\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2526196388?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-09 13:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2526196388","market":"us","top_or_hot":-1,"title":"Nomura Recommends Being Long JPY Amid U.S. Tariffs -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0539 GMT - Nomura recommends being long JPY against several currencies amid U.S. tariffs, the brokerage's Global Markets Research team says. \"Beyond its relative safe-haven status, Japan's macro backdrop remains relatively strong and rate differentials are expected to continue to favour JPY,\" the team says in a research report. Nomura suggests long JPY versus short THB, long JPY versus short KRW, and long JPY versus short GBP. Common themes for Thailand and South Korea include weak local macro backdrops and the likelihood of more aggressive central-bank rate cuts, the team says. For GBP, the U.K.'s economic vulnerabilities may deter capital inflows, given that the U.K. continues to face persistent stagflationary and fiscal risks, the team adds. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 09, 2025 01:39 ET (05:39 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nomura Recommends Being Long JPY Amid U.S. Tariffs -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNomura Recommends Being Long JPY Amid U.S. Tariffs -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-09 13:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0539 GMT - Nomura recommends being long JPY against several currencies amid U.S. tariffs, the brokerage's Global Markets Research team says. \"Beyond its relative safe-haven status, Japan's macro backdrop remains relatively strong and rate differentials are expected to continue to favour JPY,\" the team says in a research report. Nomura suggests long JPY versus short THB, long JPY versus short KRW, and long JPY versus short GBP. Common themes for Thailand and South Korea include weak local macro backdrops and the likelihood of more aggressive central-bank rate cuts, the team says. For GBP, the U.K.'s economic vulnerabilities may deter capital inflows, given that the U.K. continues to face persistent stagflationary and fiscal risks, the team adds. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 09, 2025 01:39 ET (05:39 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NMR","symbol_name":"野村控股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2526196388","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2526196388","pubTimestamp":1744177140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0539 GMT - Nomura recommends being long JPY against several currencies amid U.S. tariffs, the brokerage's Global Markets Research team says. \"Beyond its relative safe-haven status, Japan's macro backdrop remains relatively strong and rate differentials are expected to continue to favour JPY,\" the team says in a research report. Nomura suggests long JPY versus short THB, long JPY versus short KRW, and long JPY versus short GBP. Common themes for Thailand and South Korea include weak local macro backdrops and the likelihood of more aggressive central-bank rate cuts, the team says. For GBP, the U.K.'s economic vulnerabilities may deter capital inflows, given that the U.K. continues to face persistent stagflationary and fiscal risks, the team adds. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NMR":"野村控股","JPY":"Lazard Japanese Equity ETF","BK4552":"Archegos爆仓风波概念","BK4127":"投资银行业与经纪业"},"translate_title":"野村证券建议在美国关税期间做多日元——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JPY":1,"NMR":1},"content_text":"0539 GMT - Nomura recommends being long JPY against several currencies amid U.S. tariffs, the brokerage's Global Markets Research team says. \"Beyond its relative safe-haven status, Japan's macro backdrop remains relatively strong and rate differentials are expected to continue to favour JPY,\" the team says in a research report. Nomura suggests long JPY versus short THB, long JPY versus short KRW, and long JPY versus short GBP. Common themes for Thailand and South Korea include weak local macro backdrops and the likelihood of more aggressive central-bank rate cuts, the team says. For GBP, the U.K.'s economic vulnerabilities may deter capital inflows, given that the U.K. continues to face persistent stagflationary and fiscal risks, the team adds. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 09, 2025 01:39 ET (05:39 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}