Reuters sources say Japan govt to approve GPIF reallocation today via ForexLive


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Reuters reporting ‘sources' as saying the Japanese government is to approve the Government Pension Investment Fund (GPIF) reallocation today, raising the Japanese equity target to 25%.

Adam had early inklings of this overnight:  Japan GPIF to raise domestic stock market allocation to 25% – Nikkei

But its been in the news for a good few weeks, though unconfirmed.

Indeed, I coughed up my cornflakes a few Saturday mornings back upon seeing this report: Japan press Saturday: GPIF to lift ratio of domestic stocks to about 25%

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I'll get a link for this Reuters story ASAP

 

posted via ForexLive


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: ForexGlobalEconomics