UBS' Zuercher: Japan Core Inflation at .5% in 2017

The video discusses the impact of oil prices on global inflation, particularly in Japan, and predicts a rise in core inflation. It analyzes the undervaluation of the Japanese yen and potential policy changes by the Bank of Japan. The discussion shifts to the US dollar, highlighting its recent strength and potential weakening, and examines the effects of US corporate earnings repatriation on the dollar's value.

What is the primary driver of inflation in Japan according to the video?

• Government policies

• Interest rates

• Consumer spending

• Commodity prices

How is the Japanese yen described in terms of its valuation against the US dollar?

• Overvalued by 10%

• Overvalued by 30%

• At equilibrium

• Undervalued by 30%

What change is expected in the Bank of Japan's bond purchasing program?

• Stop completely

• Increase to 100 trillion yen

• Decrease to 60-70 trillion yen

• Remain at 80 trillion yen

What is the expected trend for the US dollar according to the video?

• Weaken

• Strengthen significantly

• Fluctuate unpredictably

• Remain stable

What is the impact of US corporate earnings repatriation on the US dollar?

• It will strengthen the US dollar

• It will weaken the US dollar

• It will cause volatility

• It will have no significant impact