The renewed slide in the yen (to 106) against the dollar has helped to revive investors’ interest in the Nikkei, which closed today at its highest level since January. We remain comfortable with our longstanding Nikkei forecasts of 17,000 and 18,500 for end-2014 and end-2015, respectively. However, we are wary of linking this positive view too mechanically to the outlook for the Japanese currency.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services