Japanese equities have dropped further than their peers so far this month and are among the most vulnerable to the fall-out from a potential US government default. Nonetheless, once the debt-ceiling crisis is resolved, we would expect the Nikkei to benefit both from a revival of global risk appetite and some favourable policy developments at home.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.