Le Japon ne pourra pas soutenir sa monnaie sans accepter la hausse des taux longs. Le JPY d'ici là risque d'aller a 160 ce qui est un moindre mal, mais le risque est que cette dernière résistance casse et le risque c'est 200. Tous le monde en est conscient, donc autant lâcher les taux jusqu'à 2%.
What does it imply ? Simply, this means that salaries reported in euro in Russian big cities (Moscow, St.Pet for example) will be higher soon than in Western-European countries (Paris, Frankfurt, Brussels, etc ...) Ready for the turn ?
Except Hermes who has 2:1 parity compare to the others, they all have the 140€ support (So hermes = 280) and I expect them to go to their suport in the same time within 9 months. Enjoy your trade
Please check my analysis on DJI :) For me we are on the top of the top about yield curve no new high can be done without M1 so inflation good luck for everyone