Toru Umemoto Quotes

With the US trade deficit expanding and the American auto sector in pretty bad shape, I don't think Japan would want to run the risk of upsetting Washington these days.

- Toru Umemoto

Tags

Trade | Deficit | Expanding | American | Auto |

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The current-account deficit is a risk for the dollar. It's difficult to justify buying the dollar until we get some more favorable economic data. - Toru Umemoto

Fukui's comments have become dovish on rates and suggest he has no intention to tighten immediately. The pace of U.S. rate increases is expected to be much faster, given the comments from Fed officials. This will weigh on the yen. - Toru Umemoto

The gap is widening. This is negative for the yen. - Toru Umemoto