JAPANESE FORIEGN INVESTMENT CONTINUES TO DECLINE, SEES ¥382.9B FOREIGN BOND ISSUANCE

Foreign Bond Investment in Japan saw inflows of ¥382.9 billion for the week ended January 26, up from the previous week's outflows of ¥-43.5 billion (revised up from ¥-48.0 billion), but still well below January's peak inflows of ¥1.689 trillion.

Foreign Investment in Japanese Stocks also rebounded for the week ended January 26, climbing to ¥720.3 billion versus the previous week's ¥287 billion (revised slightly from ¥286.7 billion), but likewise down sharply from January's peak of ¥1.202 trillion.

Market reaction

USD/JPY caught a slight bid to push the pair back into the 147.00 handle heading into the Thursday market session after USD/JPY traders got a workout thanks to Wednesday's outing from the US Federal Reserve (Fed) and Fed Chairman Jerome Powell