As the market starts to think about the possibility of raising rates, it should support the yen. We could see further buying of the yen. |
In the next several months we might see some record highs in the trade deficit with the rise in oil prices as well. |
That could lead the Fed to soften their statement tomorrow. |
We see very strong interest to buy Japanese equities on increased confidence that this recovery is very different that one we saw in the 90s. It's being driven by domestic demand. |
We're probably likely to see an acceleration in dollar weakness. |