Flash: Japanese Investors move into foreign demon toshins - Nomura

FXstreet.com (Barcelona) - Nomura strategist Yujiro Goto notes that Japanese investors are estimated to have bought JPY25bn (USD0.25bn) of foreign currency-denominated toshins last week according to NRI.

He adds that this is the first net buying in three weeks and retail investors kept investing in domestic assets via toshins at a strong pace (JPY100bn or USD1.0bn). Further, retail investors still prefer domestic risky assets to foreign assets for now, and their momentum remains strong.