Japanese investors became net sellers of foreign equities in April for the first time in four months, offloading 636.4 billion yen due to rising energy costs and inflation fears. Trust accounts led this sell-off, while investment trusts and life insurers continued to buy overseas stocks. This shift occurred as U.S. inflation accelerated, reinforcing expectations of prolonged high interest rates.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets