USD/JPY Outlook: Yen Stable After BoJ Invites More ETF Flexibility 2021-01-26 11:30:00 Warren Venketas, Markets Writer
USD/JPY ANALYSIS
Dollar strength nets off with Yen safe-haven appeal
USD/JPY FUNDAMENTAL BACKDROP
Minutes from the Bank of Japan (BoJ) meeting yesterday saw policymakers appealing for greater adaptability around the purchasing of Exchange-Traded Funds (ETFs) and risky assets. This comes after the persisting COVID-19 pandemic which has and will likely continue to cause a slowdown in Japans stimulus initiative.
Yesterday the Dollar gained significantly on the U.S. Dollar Index (DXY) due to concerns over the size speed of the U.S. stimulus package as well as the global COVID-19 pandemic. This resulted in traders flocking under the protection of the greenback though this had minimal effect on the USD/JPY pair as the Yen serves as a safe-haven currency as well; which ultimately limited upside.
This follows an exposure draft issued in May 2020 as reported by Nairametrics.
Key Highlights of the new SEC regulations
SEC introduced Crowd Funding Intermediaries who will facilitate crowdfunding transactions such as offer for sale of securities or instruments through its portal.
This means anyone seeking to raise money through a crowdfunding service will have to go through a Crowd Funding Intermediary (CFI).
Thus, a fundraiser (the initiator of the fund) will need to go through a CFI web portal to raise capital
The new rules also limit the amount retail investors can invest in a crowdfunding transaction to just 10% of their net annual income in a year.
Provided by Dow Jones
By Gunjan Banerji Investors are piling into bets that will profit if stocks continue their record run. Options activity is continuing at a breakneck pace in January, building on 2020 s record volumes. It is the latest sign of optimism cresting through markets as individual and institutional investors pick up bullish options to profit from stock gains and abandon bearish wagers. More than half a trillion dollars worth of options on individual stocks traded on Jan. 8 alone, the highest single-day level on record, according to Goldman Sachs Group Inc. analysts in a Jan. 13 note. Among the most popular bets were those tied to Tesla Inc., Amazon.com Inc., Apple Inc. and Nvidia Corp. And bullish call-options trading surged to a high on Jan. 14, with about 32 million contracts changing hands, according to data provider Trade Alert.
On the Money. Budding stock market investor Jarryd Neves, of BizNews, sends out an invitation to everyone who wants to ask questions about share investing – but is too embarrassed to ask. Write to [email protected] And tune in for his regular Monday column: On the Money
I came across a fantastic saying the other day. ‘
Act your wage‘.
It reminded me of a movie I watched many years ago, called
The Joneses. It’s about a fake family – employed by some bizarre marketing company – who move into an upmarket area.
Their purpose – through driving pricey cars, wearing high-end clothing and even eating fancy foods – is to sell a lifestyle to the society they immerse themselves into, through subtle product placement.
The Globe and Mail Published February 2, 2010
This article was published more than 10 years ago. Some information in it may no longer be current. Text Size
Welcome to our beginner investor education program. This is the third of a six-part course on basic investing that we will publish every Tuesday. An advanced lesson plan appears every Thursday.
Exchange-traded funds, or ETFs, are booming. And no wonder: They offer an enticing combination of low costs, trading flexibility and diversification that appeals to many do-it-yourself investors.
Think of an ETF as a cross between a stock and a mutual fund. Like a stock, ETFs trade on a stock exchange. Like a mutual fund, ETFs invest in a basket of companies, usually an index such as the S&P/TSX composite or S&P 500. You can find more on the basics of ETFs here.