Sumitomo Mitsui Financial Group Inc
Latest Sumitomo Mitsui Financial Group Inc News and Updates
How the Hennessy Japan Fund Investor Class Fared in September 2015
The Hennessy Japan Fund (HJPNX) dived by 8.2% in September from the previous month—the worst performer in September among the nine funds we’re reviewing.
Growth in Japanese Housing Starts Slowed in July 2015
Japanese housing starts rose in July 2015, but their pace slowed compared to a month ago. Housing starts rose by 7.4% in July compared to a year ago.
Japanese Yen Rose on Positive GDP Numbers
The Japanese yen gained early on December 8, 2015, as GDP (gross domestic product) figures were upwardly revised.
Investment-Grade Bond Funds Saw Inflows Last Week
Flows into investment-grade bond funds were positive last week. Investment-grade bond funds saw net inflows of $907.1 million during the week ending July 6.
Why the High Volatility of the Japanese Yen in Recent Months?
The US dollar–Japanese yen currency pair has been one of the most volatile developed country currencies in the past six months. The Japanese yen saw heavy appreciation in August.
DXJF Is in a Bearish Trend
On December 11, 2015, DXJF closed at $25.57. This was below its 100-day, 50-day, and 20-day moving averages of $27.71, $27.39, and $27.47, respectively.
Japanese Financial ETF DXJF Is in a Bearish Trend in 2016
The WisdomTree Japan Hedged Financials (DXJF) seeks to provide exposure to the Japanese financial sector.
Why Has CIGRX Delivered Below-Average Returns?
The Calamos International Growth Fund – Class A (CIGRX) seems to be cautious about its portfolio positioning for now.
How Japan’s Fiscal Policies Can Help Achieve Its Economic Goals
Prime Minister Abe’s administration initially achieved coordination between the Bank of Japan’s QQE and fiscal stimulus.
Key Highlights of Japan’s QQE with Yield Curve Control
The Bank of Japan will set two interest rates: a short-term policy rate and an operating target for long-term interest rates. These rates will serve as guidelines for market operations.
What Are the BoJ’s Projections for Economic Activity in Japan?
The Bank of Japan gave its economic outlook after the monetary policy meeting on July 29. The weak data are due to the slowdown in emerging economies.
Volatility in the Japanese Yen before the BoJ’s Meeting
The Japanese yen gained strength during mid-July due to growing uncertainties surrounding the BOE’s (Bank of England) monetary policy.
Healthcare Stocks Save the Day for CNJFX
Financials were the biggest negative contributors to CNJFX’s total returns in the first four months of 2016.
How Has the AB International Growth Fund Performed?
The AB International Growth Fund is invested in companies like Roche Holding (RHHBY), Sumitomo Mitsui Financial Group (SMFG), ING Groep (ING), TAL Education Group (XRS), and Tata Motors (TTM).
A Portfolio Scan of the Matthews Japan Fund (MJFOX) in 2015
The Matthews Japan Fund – Investor Class (MJFOX)adopts a bottom-up approach to constructing portfolios. This means that it looks at companies with acceptable valuations that are expected to do well in the future, rather than specific industries.
At Long Last, the Matthews Asia Dividend Fund (MAPIX)
The Matthews Asia Dividend Fund focuses on income and aims “to provide a level of current income that is higher than…Asian equity markets.”
A Portfolio Scan of the Hennessy Japan Fund (HJPNX) in 2015
The Hennessy Japan Fund – Investor Class (HJPNX) was managing $128 million in assets at the end of December 2015.
The Reasons for the Poor Showing by Fidelity Japan Fund in 2015
The Fidelity Japan Fund (FJPNX) did not have a good 2015 as its stock picks from the information technology and materials sectors did badly during the year.
Japanese Yen Expects a Strong Start in 2016
The BoJ made it clear that a strong yen isn’t something that it wants. The expectations of a strong yen are mainly due to the economy.
Japanese Yen Gains against the Dollar after BoJ’s Policy Release
The US dollar-Japanese yen currency pair is inversely related to the Japanese yen. It fell by more than 1% on December 18 after the BoJ’s monetary policy.
Japanese Yen Fell Due to the Disappointing GDP
The US dollar-Japanese yen currency pair rose nearly 0.8% on November 16. The currency pair reached a high of 123.3 before closing for the day at 123.2.
Investment-Grade Corporate Bond Issuance Hits Near 3-Month High
Investment-grade corporate bonds worth $55.4 billion were issued in the primary market in the week ended July 17, 2015. The number of issuers rose to 20 from 17 in the previous week.