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Real Vision: Finance & Investing

What's Wrong With the Yen, and Why Is It Important?

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.11.1K Ratings

🗓️ 31 March 2022

⏱️ 39 minutes

🧾️ Download transcript

Summary

The Japanese yen, long a safe haven, is not reacting to crisis this time around the way it has in the past. In fact, the yen just broke through a key long-term level of technical support and is trading at six-year lows versus the U.S. dollar. But Governor Haruhiko Kuroda continues to defend the Bank of Japan’s yield cap, in place to sustain accommodative monetary policy, despite broader risks to the domestic situation. Our man in Japan, Weston Nakamura, joins Maggie Lake to assess the global implications of the country’s continuing efforts to stimulate growth in the world’s third-largest economy. Then, Maggie welcomes Darius Dale, founder and CEO of 42 Macro, to talk about the Federal Reserve’s fight against inflation, the impact of tighter policy on the housing market, and the employment situation in the U.S. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/36Zk3uw Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This episode is brought to you by Noor.

0:03.5

If you're loving this podcast,

0:05.5

it's probably because of the things that went into it.

0:08.0

The Ingredients.

0:09.0

Which is something Noor knows all about.

0:11.5

Their stocks put the earth into your birthboganyon,

0:15.0

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0:16.5

and the oo-wee into your chili.

0:19.5

Discover the recipe for family meal time happiness

0:22.5

and give it more with Noor.

0:24.5

Visit Noor.com forward slash UK.

0:30.5

Hi, everyone.

0:32.5

Welcome to the real vision daily briefing.

0:35.5

It's Wednesday, March 30th, 2022.

0:37.5

I'm Maggie Lake and we have a dynamic duo today.

0:40.5

Darius Dale founder of 42 macro is with us

0:44.0

and our very own western Nakamura who's kind enough

0:47.0

to jump in here at like the wee hours of the morning

0:50.5

or really late at night.

0:52.0

I'm not even sure what you qualify us in Asia

0:55.0

to help us out.

0:56.0

Gentlemen, welcome.

...

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