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Nomura

All articles tagged with #nomura

finance-foreign-exchange1 year ago

"USD/JPY Outlook: BOJ Policy Shifts and Inflation Data Analysis"

Nomura anticipates potential policy shifts by the Bank of Japan (BOJ) and verbal interventions from the Ministry of Finance to curb JPY depreciation, leading to a bearish outlook on USD/JPY. Despite a bullish trend for USD/JPY, bolstered by strong US economic data, Nomura expects limited upside due to anticipated Fed rate cuts and a slowdown in Japanese retail investors' foreign equity purchases. The combination of these factors suggests a risk-reward balance skewed towards short positions in USD/JPY.

finance2 years ago

"B. Riley and Nomura Under SEC Probe for Financial Dealings"

Investment bank B. Riley is reportedly under SEC investigation for its dealings with Brian Kahn, who is allegedly involved in a DOJ criminal case, while Nomura, a major Japanese financial group, is entangled in the probe due to its involvement in a lending syndicate for B. Riley. B. Riley has recently made significant investments in the bitcoin mining space, and Kahn, CEO of Franchise Group Inc., has been a longstanding client of the bank. The SEC probe is in its early stages, and Nomura, which backs several crypto-related entities, is not the primary focus of the investigation.