James Bevan: BOJ Policy Has Increased Yen Demand

The video discusses the impact of exogenous shocks on yen strength, highlighting the structural challenges faced by the global economy post-financial crisis. It examines the Bank of Japan's policies encouraging asset repatriation, leading to increased yen demand. The discussion extends to negative interest rates in Germany and their effects on financial markets. Finally, the ECB's asset purchase program is analyzed, focusing on its potential to influence risk asset pricing and restore economic confidence.

In what ways might negative interest rates affect the financial market?

What impact does the ECB's asset purchase program have on the corporate bond market?